Lower Mitcham at a glance
2,196
People
$1,510,000
Median sale
$604/wk
Median rent
2.08%
Suburb gross yield
Median sale from 9 recorded sales (last 12 months) — a Districts calculation.
SA › Lower Mitcham › Wattlebury Road Corner Denman Tce
$1,305,000
Last sold
4 Dec 2021
4
Bedrooms
2
Bathrooms
3
Car spaces
516 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
$1,305,000
4 Dec 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
$1,510,000
Median sale
$604/wk
Median rent
2.08%
Suburb gross yield
Median sale from 9 recorded sales (last 12 months) — a Districts calculation.
Vs Lower Mitcham
-13.6%
Median sale
Suburb $1,510,000
+0.33 pp
Gross yield
Suburb 2.08%
Suburb median $1,510,000 from 9 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
$1,510,000
Median sale
$604/wk
Median rent
2.08%
Suburb gross yield
Median sale from 9 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Smallacombe Real Estate Mitcham~ Auction: Saturday 4th December @ 1pm ~
This beautifully renovated home is stunning! Combining all the attractive Art Deco character features (warm timber and decorative ceilings) with contemporary renovations.
With fantastic street presence on both Wattlebury Road & Denman Terrace, and set on a fully landscaped easy-care block, it is perfect for those not wanting to compromise on space but without having a big yard to maintain. Ready for you to just move in & enjoy the home and the beautiful surrounds of Lower Mitcham.
With abundant natural light & a versatile floorplan providing options for formal living and dining plus a music room or home office, this home offers;
* Wide and welcoming entrance hall
* Gorgeous formal lounge with stunning decorative ceilings, cornices, timber features and light fittings
* Second cosy living area through double doors from the formal lounge, with a feature timber fireplace & leading to the beautiful front verandah boasting a northerly aspect ~ fabulous for basking in the winter sunshine
* Third living area, currently utilised as a home office, but ideal as a study, children's playroom or music room, even a 4th bedroom option if required ~ perfect for the flow of open plan living, or close the sliding doors and create a quiet retreat
* Recently renovated kitchen with stunning feature tile splash back, unique hand-blown glass lighting, stone benchtops and European appliances including a commercial quality 900mm oven & built in microwave, plus a generous walk-in pantry to provide additional storage
* Casual meals area opening to the alfresco entertaining deck ~ providing the inside to out flow we so desire
* Spacious master bedroom with a generous walk in robe and an ensuite
* Further 2 double bedrooms, both with built in robes
* Fabulous as new family bathroom ideally positioned to service the bedrooms
* Separate laundry
Outside offers;
* Tropical feel private deck with bamboo screening and a very clever retractable awning (complete with a wind sensor) to provide all year-round enjoyment
* Character verandah with feature arches and pillars ~ a great spot to relax & enjoy a cuppa while taking in the pretty cottage gardens
* Two good size garden sheds
* Excellent carparking options including a carport and double driveway with electric gates
* Dual entrances off both Wattlebury Road & Denman Terrace
A perfect lock up and leave home. Nothing to spend, with as new flooring, painting & renovations, and all of the modern conveniences to enjoy including ducted reverse cycle Daikin air conditioning, efficient LED downlighting, skylight and beautifully landscaped grounds.
All in a fabulous family friendly suburb with an array of private and public schools close by including Scotch, Walford and Mercedes Colleges, as well as Unley High, Mitcham Girls, Urrbrae and Colonel Light Gardens Primary. Walk to local parks, coffee shops, Denman Tce Tennis Club, plus both the bus and train station. Easy access to Mitcham Square shops & Cinemas and still just 15 minutes from the CBD.
** 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: $2,577.15 per annum
SA Water: $142.10 per quarter
ESL: $206.25 per annum
Land Size: 516sqm (approx.)
Year Built: 1940
Zoning: Suburban Neighbourhood
Listing description written by David Smallacombe, Smallacombe Real Estate Mitcham — reproduced as published, not verified by Districts.
Also look at