Lower Mitcham, SA 5062

Lower Mitcham, SA 5062

Compare Part of Mitcham

5.99 km
Distance from CBD
15 k
Population

Auction Times

Sat 8 Oct
Auction Time Agency
10 Fraser Street
4 2 2 House
10:30 AM
Sat 8th Oct
Smallacombe Real Estate
Sat 15 Oct
Auction Time Agency
8 Dunbar Avenue
3 2 3 House
12:00 PM
Sat 15th Oct
Ac Connection Real Estate
Median Sale Price
House
$1.09M
Updated on Aug 2022
2 BR
-
3 BR
$1.06M
4 BR
$1.27M
Unit
$342K
Updated on Aug 2022
1 BR
$235K
2 BR
$380K
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
$1,200,000
+2.1% $970,000 $1,705,000 14
Median Sale Price
$1.2M
Based on 22 recorded sales within the last 12 months
Updated on 3 Oct 2022
Suburb Growth
+23.8%
Current Median Price: $1,200,000
Previous Median Price: $915,000
Based on 60 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Sep 2022)
Price Range Segments (12 months ending Sep 2022)
Median Weekly Rent Price
House
$525
Updated on Aug 2022
2 BR
$495
3 BR
$503
4 BR
$638
Unit
$360
Updated on Aug 2022
1 BR
$350
2 BR
$373
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
$445
+4.5% $320 $800 22
2018
$435
-2.3% $330 $800 17
2019
$520
+16.3% $350 $760 16
2020
$425
-22.4% $290 $600 14
2021
$550
+22.7% $340 $880 12
2022
$620
+11.3% $430 $790 7
Median Rent Price
$575
per week
Based on 9 recorded rent within the last 12 months
Updated on 3 Oct 2022
Rent Price Growth
+2.6%
Current Median Rent: $575
Previous Median Rent: $560
Based on 19 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.5%
Current Median Price: $1,200,000
Current Median rent: $575
Based on 31 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Sep 2022)

Auction Results For Lower Mitcham

Houses sold in Last 12 months ends 1 Oct 2022

$1.31M

Median Sale Price

100%

Clearance Rate

5/5

Sold/Reported

$1.31M

Highest Sale Price

Sold Price Range No. of Sold Properties
$1.2 M - $1.4 M
(Median Price Range)
1
$800 K - $1 M 1

Similar Suburbs to Lower Mitcham 5062

Based on median house sale price sold in last 12 months

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