Median Sale Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $615,500 | 0.0% | $420,000 | $825,000 | 23 |
| 2010 | $590,000 | -4.3% | $440,000 | $1,700,000 | 48 |
| 2011 | $602,000 | +2.0% | $470,259 | $1,245,000 | 24 |
| 2012 | $567,000 | -6.2% | $71,500 | $3,200,000 | 44 |
| 2013 | $582,000 | +2.6% | $370,000 | $1,720,000 | 57 |
| 2014 | $645,000 | +9.8% | $341,500 | $1,611,000 | 39 |
| 2015 | $735,000 | +12.2% | $480,500 | $1,500,000 | 29 |
| 2016 | $690,000 | -6.5% | $356,000 | $895,000 | 25 |
| 2017 | $775,000 | +11.0% | $595,000 | $2,100,000 | 30 |
| 2018 | $780,000 | +0.6% | $642,000 | $1,210,000 | 29 |
| 2019 | $784,000 | +0.5% | $570,000 | $1,450,000 | 37 |
| 2020 | $840,000 | +6.7% | $550,000 | $1,380,000 | 31 |
| 2021 | $1,175,000 | +28.5% | $646,500 | $1,567,500 | 31 |
| 2022 | $1,171,000 | -0.3% | $843,000 | $1,705,000 | 22 |
| 2023 | $1,300,000 | +9.9% | $780,000 | $1,900,000 | 26 |
| 2024 | $1,350,100 | +3.7% | $850,000 | $1,662,000 | 4 |
Median Sale Price
$1.38M
Based on 21 recorded sales within the last 12 months
Updated on 26 Apr 2024
Suburb Growth
+14.7%
Current Median Price: $1,375,000
Previous Median Price: $1,173,000
Based on 50 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Mar 2024)
Price Range Segments (12 months ending Mar 2024)
Median Weekly Rent Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $385 | 0.0% | $290 | $595 | 18 |
| 2012 | $370 | -4.1% | $295 | $580 | 15 |
| 2013 | $395 | +6.3% | $310 | $695 | 20 |
| 2014 | $470 | +16.0% | $310 | $650 | 10 |
| 2015 | $475 | +1.1% | $330 | $950 | 18 |
| 2016 | $425 | -11.8% | $320 | $850 | 26 |
| 2017 | $465 | +8.6% | $320 | $800 | 22 |
| 2018 | $435 | -6.9% | $330 | $800 | 17 |
| 2019 | $520 | +16.3% | $350 | $825 | 16 |
| 2020 | $450 | -15.6% | $290 | $650 | 14 |
| 2021 | $550 | +18.2% | $340 | $880 | 12 |
| 2022 | $620 | +11.3% | $430 | $950 | 14 |
| 2023 | $620 | 0.0% | $345 | $990 | 16 |
| 2024 | $850 | +27.1% | $530 | $950 | 6 |
Median Rent Price
$730
per week
Based on 14 recorded rent within the last 12 months
Updated on 26 Apr 2024
Rent Price Growth
+18.5%
Current Median Rent: $730
Previous Median Rent: $595
Based on 32 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.8%
Current Median Price: $1,375,000
Current Median rent: $730
Based on 35 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Mar 2024)
Auction Results For Lower Mitcham
Houses sold in Last 12 months ends 20 Apr 2024
$0M
Median Sale Price
0%
Clearance Rate
0/1
Sold/Reported
$0M
Highest Sale Price
Schools closest to Lower Mitcham, SA 5062
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Mitcham Girls High SchoolTop 50 | KYRE AVENUEKingswood 5062 | Secondary | Government | 0.78 km |
| St Joseph's SchoolTop 100 | 33 CAMBRIDGE TCEKingswood 5062 | Primary | Catholic | 0.87 km |
| Mitcham Primary SchoolTop 50 | HILLVIEW ROADKingswood 5062 | Primary | Government | 0.9 km |
| Scotch CollegeTop 50 | CARRUTH ROADTorrens Park 5062 | Combined | Independent | 1.01 km |
| Colonel Light Gardens Primary SchoolTop 100 | WINDSOR AVENUEColonel Light Gardens 5041 | Primary | Government | 1.6 km |
| Unley High SchoolTop 50 | KITCHENER STREETNetherby 5062 | Secondary | Government | 1.52 km |
| Westbourne Park Primary SchoolTop 50 | MARLBOROUGH ROADWestbourne Park 5041 | Primary | Government | 1.63 km |
| Clapham Primary School | BARRETTS ROADClapham 5062 | Primary | Government | 1.92 km |
| Concordia CollegeTop 50 | 45 CHELTENHAM STREETHighgate 5063 | Secondary | Independent | 2.01 km |
| Walford Anglican School for GirlsTop 10 | 316 UNLEY ROADHyde Park 5061 | Combined | Independent | 2.11 km |