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 › Verco Ave
4
Bedrooms
2
Bathrooms
3
Car spaces
867 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
No recorded sale price for this property yet.
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.
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
UnknownArea
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 Harris Real Estate Daw ParkNestled on a generous 867m² block, this charming 1940s-character home has been lovingly held by the same family for over 50 years. Offering up to four spacious bedrooms plus a study & two bathrooms, the property exudes warmth, heritage charm, and enduring quality. The beautifully manicured gardens provide a serene backdrop, complemented by the striking gabled roof double carport, offering undercover parking for up to three vehicles.
Step inside, and you are immediately greeted by the home's meticulous condition, a testament to the care and dedication of its long-term owners. The high, ornate ceilings & pristine jarrah floorboards create an atmosphere of timeless elegance. At the heart of the home, the large front lounge or additional bedroom offers a peaceful retreat, featuring a stunning picture window complete with a window seat overlooking the lush front yard. A gas log fire adds to the cosy ambiance, making this the perfect spot to relax & unwind.
The master bedroom, located at the front of the house, is generously proportioned and boasts a large built-in wardrobe with tranquil garden views. Each additional bedroom is spacious and versatile, equipped with built-in robes or cabinetry, making them ideal for growing families or those needing extra space.
The light-filled eat-in kitchen is truly a delight, with its retro hardwood cabinetry, dishwasher, large walk-in pantry and a bay window that frames picturesque views of the back garden. It's easy to imagine this space bustling with activity, as it serves as the heart of the home where family and friends gather. Adjacent to the kitchen, the formal dining room offers a warm, welcoming space for entertaining, with jarrah floors and a fireplace that create a sense of intimacy.
Flowing from the dining area is an expansive family room, with huge windows and French doors opening onto the paved alfresco area, perfect for year-round outdoor entertaining. Additionally, there is a charming second living space featuring cottage windows with views of the front garden, offering yet another spot to relax or entertain.
Upstairs, a versatile section of the home provides two additional rooms that could serve as a bedroom and/or study, offering flexible options for families, guests, or those working from home.
All your heating and cooling needs are taken care of via the ducted evaporative cooling and the three cost-effective Nova electric panel heaters as well as several gas heaters placed conveniently throughout the home, ensuring warmth throughout the cooler months.
Outdoors, the meticulously maintained backyard is an oasis of tranquillity, with vibrant garden beds and flowers in bloom. The paved entertaining area with built in BBQ offers the perfect setting to enjoy the shade in summer and the warmth of the winter sun. The large back shed is a handy addition as is the security system.
Convenience is at the forefront of this home's location. Prestigious schools, trendy cafes & diverse public transport options are all within easy reach. Just a short stroll away are the popular shopping hubs of Mitcham Square and Pasadena Foodland, along with local parks, tennis courts, and sporting clubs. Families will appreciate the zoning for Unley High School, while elite schools like Scotch & Mercedes Colleges, Walford, Concordia, and Cabra are just minutes away. Flinders University is a 10-minute drive, and the CBD is only 15 minutes, offering the perfect balance between peaceful suburban living & urban convenience.
This home is much more than a property; it's a rare opportunity to create a lifetime of memories in a beautiful, well-loved setting.
It's our absolute privilege and pleasure to bring this property, to the market. Please Call Simon Tanner with any questions about the home or for further information about the local area. We're here to help and we'd love to hear from you.
Specifications:
CT / 5723/566
Council / Mitcham
Zoning / GN
Built / 1944
Land / 867m2 (approx)
Frontage / 19.2m
Council Rates / $2,472.05pa
Emergency Services Levy / $455.05pa
SA Water / $245.76pq
Estimated rental assessment: $740 - $800 p/w (Written rental assessment can be provided upon request)
Nearby Schools / Colonel Light Gardens P.S, Mitcham P.S, Clapham P.S, Unley H.S, Mitcham Girls H.S, Urrbrae Agricultural H.S, Springbank Secondary College
Disclaimer: All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate & 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 &condition). Interested parties should make their own enquiries and obtain their own legal and financial advice. Should this property be scheduled for auction, the Vendor's Statement may be inspected at any Harris Real Estate office for 3 consecutive business days immediately preceding the auction & at the auction for 30 minutes before it starts. RLA | 33383
Listing description written by Simon & Bec Tanner, Harris Real Estate Daw Park — reproduced as published, not verified by Districts.
Nearby 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.