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 › Surrey Cres
$980,000
Last sold
29 Nov 2018
3
Bedrooms
2
Bathrooms
1
Car spaces
427 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
$980,000
29 Nov 2018 · derived via latest_sale
Local land rate: recorded House sales in Lower Mitcham (last 5 years) with land size have a median of $2,156/m² of land (n=45). 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
-38.3%
Median sale
Suburb $1,587,500
+1.22 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 OCAUCTION Sat 15 Dec at 12.30pm (usp)
Positioned on a quiet street, this new freestanding residence offers a sleek, modern design, with bespoke finishes and spacious interiors. Presenting three generous bedrooms, both formal and informal living spaces, and an outdoor entertaining area, the home is set on a low-maintenance allotment, providing an easy-care lifestyle. This custom designed home was built in 2018 by multi award-winning Creative Structures and featuring high quality fixtures and fittings, including a Paradox security system, Rinnai gas fireplace and LED lighting throughout.
Located in a highly desirable position, with easy access to shopping, restaurants and amenities along Goodwood Road, a short drive to Mitcham Square Shopping Centre and bus and train links for easy CBD access nearby. Quality schooling nearby including zoned Colonel Light Gardens Primary and Springbank Secondary College, Mitcham Girls, Mercedes College and Scotch College also nearby.
Entrance hallway with 3m high ceilings, pendant lighting and feature timber front door
Generous open plan rear living, with light-filled lounge opening through sliding doors to the outdoor entertaining and dining overlooked by the kitchen
Lounge with vaulted ceiling and Rinnai gas fireplace, dining adjacent with pendant light and LED downlights
Ultra-modern kitchen with stone benchtops, stainless steel appliances including Smeg 900mm oven, 5 burner gas cooktop and Bosch dishwasher, matte black two pack cabinetry and Butler's pantry with corner pantries
Separate formal lounge with matte black sliding doors and downlights
Master bedroom overlooking the front garden, with 3m high ceilings, walk in robe and ensuite with penny tile feature wall, timber vanity, toilet and walk in frameless shower with matte black rain shower head
Two further carpeted bedrooms, each with recessed built in robes
Main bathroom with floor to ceiling tiles, freestanding bath tub, frameless walk in shower and generous vanity with timber doors
Laundry with trough sink, external access and an abundance of storage
Outdoor undercover entertaining with ceiling fan and downlights
Easy care grounds, with automatic irrigation and 2 x 3,000L rainwater tanks
Garage with automatic roller door and internal access, additional driveway parking for a second car
Mitsubishi Electric reverse cycle ducted heating and cooling throughout
OUWENS CASSERLY - MAKE IT HAPPEN
RLA 286513
Listing description written by Alistair Loudon, OC — reproduced as published, not verified by Districts.