Lower Mitcham at a glance
2,196
People
$1,587,500
Median sale
$604/wk
Median rent
1.98%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
SA › Lower Mitcham › Denman Tce
$1,567,500
Last sold
9 Oct 2021
3
Bedrooms
2
Bathrooms
5
Car spaces
550 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
$1,567,500
9 Oct 2021 · derived via latest_sale
Local land rate: recorded House sales in Lower Mitcham (last 5 years) with land size have a median of $2,097/m² of land (n=44). Districts calculation from recorded sales — not a valuation.
Lower Mitcham at a glance
2,196
People
$1,587,500
Median sale
$604/wk
Median rent
1.98%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
Vs Lower Mitcham
-1.3%
Median sale
Suburb $1,587,500
+0.02 pp
Gross yield
Suburb 1.98%
Suburb median $1,587,500 from 10 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 $604/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
Lower Mitcham at a glance
2,196
People
$1,587,500
Median sale
$604/wk
Median rent
1.98%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Smallacombe Real Estate Mitcham~ Auction: Saturday 9th October @ 11:00am ~
This sophisticated, contemporary home offers a very rare opportunity to purchase now and start enjoying your fabulous new home and lifestyle. So spacious and designed for easy entertaining, this stunning home is full of natural light & warm finishes and has garaging that car lovers will yearn for.
Stunning Western Australian limestone is featured throughout the home along with warm spotted gum flooring, high ceilings and large picture windows, combining to deliver a beautiful living space that you will be proud to call your own.
The well thought out layout includes;
* Wide and welcoming entrance hall
* Formal lounge/sitting room with solid limestone feature wall
* Fabulous master suite, complete with a generous walk in robe and ensuite with double vanity & spa bath
* Further 2 bedrooms, both with built in robes and one with limestone feature wall
* Wonderful open plan living area with large picture windows and sliding glass doors which flood the area with warm winter sunshine and overlook the private garden
* Well-appointed kitchen boasting excellent storage, Caesarstone benchtops and quality appliances
* Kitchen, dining and living opening to a private North facing garden area allowing for the desirable flow of entertaining from inside to out
* Cleverly concealed study nook with additional storage ~ perfect to work from home or to supervise children's homework
* Family bathroom and a good size laundry which also serves as a Butler's pantry, complete this area
* Double garage that can accommodate 3 cars inside plus 2 in front of the garage ~ perfect for the avid car collector, or to store that boat or van ~ plus drive through access providing additional parking space if required. Incredible ceiling height and hoist enabling a car to be stored off ground level, great for a car enthusiast to work on their car or to simply store that dream collector's car. There are even solar car battery chargers on the roof!
* Private North facing garden to soak up the winter sun, with room for a lap pool, veggies or for children to play
There are so many features to love, including;
230 squares (approx. umr) to enjoy, extra high ceilings, stunning limestone feature walls, spotted gum flooring, walk in roof space perfect for storage, ducted reverse cycle air conditioning, video screen doorbell & alarm, 3 phase power, ducted vacuuming, private utility areas and so much more!
Set on a 'just right' corner block of 550sqm (approx.) in a great location. Walk to bus and train, local parks and cafes. Just minutes to Mitcham Square shops and cinemas, excellent public & private schools, local parks and walking trails.
This really is a unique home that must be inspected to truly be appreciated.
* NB: Vendor requires a 90 day settlement with a maximum of 2 month rent back option (generous rental amount) *
** The health and wellbeing of our clients, the community and our team is extremely important to us. Whilst we encourage people to continue property viewings, in the current circumstances surrounding COVID-19 we ask that you respect others' health. If you or others that you may have been in contact with, have returned from any interstate or overseas destination within the last 14 days or you are displaying any flu like symptoms please do not attend property viewings. **
Council: City of Mitcham
Council Rates: $2,192.05 per annum
SA Water: $218.27 per quarter
ESL: $182.90 per annum
Land Size: 550sqm (approx.)
Year Built: 2013
Zoning: Suburban Neighbourhood
Listing description written by Janet Hansen-Smith, Smallacombe Real Estate Mitcham — reproduced as published, not verified by Districts.