Cumberland Park at a glance
2,572
People
$1,503,500
Median sale
$580/wk
Median rent
2.01%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
SA › Cumberland Park › Caulfield Ave
$717,000
Last sold
24 Nov 2018
3
Bedrooms
1
Bathrooms
2
Car spaces
767 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$717,000
24 Nov 2018 · derived via latest_sale
Local land rate: recorded House sales in Cumberland Park (last 5 years) with land size have a median of $1,980/m² of land (n=47). Districts calculation from recorded sales — not a valuation.
Cumberland Park at a glance
2,572
People
$1,503,500
Median sale
$580/wk
Median rent
2.01%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
Vs Cumberland Park
-52.3%
Median sale
Suburb $1,503,500
+2.20 pp
Gross yield
Suburb 2.01%
Suburb median $1,503,500 from 12 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
SAPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $580/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Cumberland Park at a glance
2,572
People
$1,503,500
Median sale
$580/wk
Median rent
2.01%
Suburb gross yield
Median sale from 12 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harris Real Estate Daw ParkLocated in sought after Cumberland Park, this well-built family home combines the quality of a solid brick period home with the potential and convenience of a corner allotment. Set on some 748 square meters (approx.) with side access the property has the added benefit of being zoned to Westbourne Park Primary School with Cabra close by in one of the most desirable locations in the Adelaide metro area.
A well-presented home with great kerb appeal the property boasts much larger rooms compared to those of a similar style.
There's three double bedrooms, all with built in robes and ceiling fans plus a spacious lounge adjacent to a formal dining area all with large windows making the space both light and bright.
The recently updated kitchen which looks out to the backyard has all the modern conveniences a buyer could want, including stainless gas cooktop, dishwasher and oven. There is the added bonus of a breakfast bar that will suit the modern family, substantial bench and storage space.
Such a great property which has been well finished yet offers so much upside to add future value both inside and with a generous rear yard. Family ready with lawn and playhouse in addition to a paved area for entertaining.
Side access through a double garage with automatic roller door gives you off street parking for multiple cars and another great storage option. The large brick shed has roller door access.
One of the great buying opportunities for 2018 this property is not to be missed. Just imagine, you could be celebrating the holiday's right here. For more information contact Daniel Richardson on 0424 332 564.
66 Caulfield Ave, Cumberland Park features:
3 bedrooms all with built in robes
1 bathroom
Separate laundry with built in cupboard
Large lounge
Formal dining
Updated kitchen with stainless, gas appliances
Reverse cycle ducted heating and cooling in all rooms
Solid brick home build c.1955
Large 767m2 approx., corner block
High ornate ceilings
Garage with automatic roller door and car port located at back of the property with side access from Derwent Street
Zoned to Westbourne Park Primary
Instant gas HWS
Large yard with playhouse for the kids
Subsurface lawn irrigation
Paved entertaining area
Freshly painted throughout
Locals love;
•A short stroll down to Crumpet Caf on Winston Ave for a coffee and breakfast. Perhaps you might prefer Bond & Lane in Colonel Light Gardens?
•Close proximity to AA Baily reserve where you can let the dog run free as well as the recently upgraded playgrounds suiting all kids from 1 year old
•The tree lined streets are beautiful while the Christmas lights on close by Kyeema Ave give Lobethal a run for its money
•Abundant shopping and transport options. We can't think of a more accessible inner southern location with coast, city and hills just a train or tram ride away
Specifications:
CT 5687/956
Council / City of Mitcham
Zoning / Residential
Built / c1955
Land / 748 m2 (Approx.)
Council Rates / $1763.60 pa (Approx.)
ES Levy / $ 151.15 pa (Approx.)
S.A. Water usage / $74.45 pq (Approx.)
All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition) Interested parties should make their own enquiries and obtain their own legal advice. Should this property be scheduled for auction, the Vendor's Statement may be inspected at the offices of Tanner real estate for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts.
The Vendor's Statement (Form 1) will be available for perusal by members of the public:
(A) at the office of the agent for at least 3 consecutive business days immediately preceding the auction; and
(B) at the place at which the auction is to be conducted for at least 30 minutes immediately before the auction.
Listing description written by Daniel Richardson, Harris Real Estate Daw Park — reproduced as published, not verified by Districts.
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