Panorama at a glance
2,668
People
$1,310,500
Median sale
$558/wk
Median rent
2.21%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
SA › Panorama › Springbank Rd
$690,000
Last sold
11 Nov 2019
4
Bedrooms
2
Bathrooms
3
Car spaces
820 m²
Land
210 m²
Building
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
$690,000
11 Nov 2019 · derived via latest_sale
Local land rate: recorded House sales in Panorama (last 5 years) with land size have a median of $1,516/m² of land (n=51). Districts calculation from recorded sales — not a valuation.
Panorama at a glance
2,668
People
$1,310,500
Median sale
$558/wk
Median rent
2.21%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
Vs Panorama
-47.3%
Median sale
Suburb $1,310,500
+2.00 pp
Gross yield
Suburb 2.21%
Suburb median $1,310,500 from 18 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 $558/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
Panorama at a glance
2,668
People
$1,310,500
Median sale
$558/wk
Median rent
2.21%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Magain Real EstatePlease contact Rachael Farror for viewing times.<P>
An enviable floor plan with numerous upgrades and plenty of room still to add your own touches will put this Panorama winner at the very top of your list. With the fantastic Mortlock Park only a stones throw away as well as being located close to popular schools such as Colonel Light Gardens Primary, Mitcham Primary, Unley High School, Mitcham Girls High School and Scotch College, it's a fantastic opportunity for investors and those wishing to move into this sought after location.<P>
Step inside and there's an instant feeling of vibrance offering luxe quality, an impressive sense of grandeur, timeless colour schemes and quality improvements. A wide hallway greets you and blends seamlessly through to a cozy formal lounge laden with stunning timber floors, high ceilings and bathed in natural light, the large picture window allowing views of the beautiful established front garden.<P>
It will be love at first sight for those who hold the kitchen as the heart of the home. Beautifully updated with an abundance of country style wooden cabinetry plus a well-designed breakfast bar and dishwasher, it's sure to satisfy the highest of culinary expectations. Overlooking the family living/meals and adjacent to a formal dining, this hub of the home is cleverly designed to maximise the space provided.<P>
The choice of four bedrooms include built in robes to the master bedroom, bedroom two and three while bedrooms three and four are complete with ceiling fans. All four bedrooms are serviced by the stunningly renovated main bathroom with sparkling white tiles, adjacent to a handy linen press.<P>
Double sliding doors from the kitchen/family area allow views and seamless access to a large undercover entertaining area which is sure to get plenty of use, while the sparkling in-ground swimming pool will make your home the place to be as we get ready to welcome the warmer weather. The fully fenced front yard is a children's dream come true with plenty of space for them to run around, play and enjoy with fabulous privacy, surrounded by established trees, it's the perfect home for the whole family to enjoy.<P>
Additional extras we love include; 16 solar panels for those pesky electricity bills, ducted reverse cycle heating and cooling for year round comfort, side access to a double carport plus bonus separate single carport and an updated laundry with a second shower and toilet.<P>
86 Springbank Road truly represents a lifestyle opportunity, within walking distance of bus and train transport, a stone's throw away from popular schools and a mere 10-minute drive to the Mitcham Shopping Centre, this home is a gateway to a new life.<P>
All floorplans, photos and text are for illustration purposes only and are not intended to be part of any contract. All measurements are approximate and details intended to be relied upon should be independently verified.
Listing description written by Rachael Farror, Magain Real Estate — 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.