Auction Times
Sat 2 Jul | Auction Time | Agency | |
|---|---|---|---|
 | 1/36 Kulnine Avenue 2 1 1 House | 11:00 AM Sat 2nd Jul | Philip Webb |
 | 36 Thomas Street 4 2 2 House | 11:00 AM Sat 2nd Jul | Ray White |
Sat 9 Jul | Auction Time | Agency | |
|---|---|---|---|
 | 1A Rupert Street 3 1 2 House | 10:00 AM Sat 9th Jul | Ray White |
 | 5/5-7 Casella Street 4 2 2 House | 1:00 PM Sat 9th Jul | Woodards |
 | 2/12 Milne Street 4 3 2 Townhouse | 1:00 PM Sat 9th Jul | Harcourts |
Median Sale Price
House
$1.21M
Updated on May 2022
2 BR $1.04M | 3 BR $1.14M | 4 BR $1.3M |
Unit
$821K
Updated on May 2022
1 BR $313K | 2 BR $618K | 3 BR $930K |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $530,000 | 0.0% | $250,000 | $1,280,000 | 155 |
| 2010 | $632,000 | +16.1% | $150,000 | $2,830,000 | 217 |
| 2011 | $593,500 | -6.5% | $240,000 | $1,520,000 | 169 |
| 2012 | $565,000 | -5.0% | $365,000 | $1,310,000 | 187 |
| 2013 | $632,000 | +10.6% | $245,000 | $1,650,000 | 249 |
| 2014 | $710,000 | +11.0% | $430,000 | $3,700,000 | 247 |
| 2015 | $900,000 | +21.1% | $460,000 | $1,600,000 | 197 |
| 2016 | $946,000 | +4.9% | $637,000 | $1,930,000 | 180 |
| 2017 | $1,067,000 | +11.3% | $435,000 | $4,980,000 | 170 |
| 2018 | $990,000 | -7.8% | $585,000 | $2,080,000 | 142 |
| 2019 | $980,000 | -1.0% | $575,000 | $2,225,000 | 123 |
| 2020 | $1,025,000 | +4.4% | $620,000 | $1,780,000 | 140 |
| 2021 | $1,195,000 | +14.2% | $510,000 | $2,950,000 | 203 |
| 2022 | $1,214,000 | +1.6% | $685,000 | $2,374,000 | 97 |
Median Sale Price
$1.21M
Based on 200 recorded sales within the last 12 months
Updated on 30 Jun 2022
Suburb Growth
+8.4%
Current Median Price: $1,212,000
Previous Median Price: $1,110,000
Based on 364 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending May 2022)
Price Range Segments (12 months ending May 2022)
Median Weekly Rent Price
House
$460
Updated on May 2022
2 BR $395 | 3 BR $450 | 4 BR $550 |
Unit
$408
Updated on May 2022
1 BR $330 | 2 BR $395 | 3 BR $510 | 4 BR $600 |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $380 | 0.0% | $240 | $595 | 108 |
| 2012 | $375 | -1.3% | $280 | $700 | 185 |
| 2013 | $385 | +2.6% | $255 | $1,825 | 179 |
| 2014 | $395 | +2.5% | $280 | $800 | 170 |
| 2015 | $400 | +1.3% | $200 | $750 | 246 |
| 2016 | $420 | +4.8% | $205 | $700 | 211 |
| 2017 | $440 | +4.5% | $295 | $750 | 189 |
| 2018 | $460 | +4.3% | $270 | $850 | 186 |
| 2019 | $450 | -2.2% | $200 | $920 | 161 |
| 2020 | $465 | +3.2% | $320 | $950 | 162 |
| 2021 | $460 | -1.1% | $1 | $765 | 198 |
| 2022 | $475 | +3.2% | $340 | $740 | 82 |
Median Rent Price
$460
per week
Based on 184 recorded rent within the last 12 months
Updated on 30 Jun 2022
Rent Price Growth
0.0%
Current Median Rent: $460
Previous Median Rent: $460
Based on 359 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2%
Current Median Price: $1,212,000
Current Median rent: $460
Based on 384 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending May 2022)
Auction Results For Mitcham
Houses sold in Last 12 months ends 25 Jun 2022
$1.22M
Median Sale Price
84%
Clearance Rate
121/145
Sold/Reported
$2.37M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $2 M - $3 M | 4 | |
| $1.8 M - $2 M | 2 | |
| $1.6 M - $1.8 M | 7 | |
| $1.4 M - $1.6 M | 14 | |
| $1.2 M - $1.4 M (Median Price Range) | 23 | |
| $1 M - $1.2 M | 29 | |
| $800 K - $1 M | 12 | |
| $600 K - $800 K | 2 | |
| $400 K - $600 K | 1 | |
Similar Suburbs to Mitcham 3132
Based on median house sale price sold in last 12 months
Schools closest to Mitcham, VIC 3132
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| St John's School | 490 WHITEHORSE RDMitcham 3132 | Primary | Catholic | 0.18 km |
| Mitcham Primary School | 294 MITCHAM ROADMitcham 3132 | Primary | Government | 0.94 km |
| Mullauna Secondary College | 456 SPRINGFIELD ROADMitcham 3132 | Secondary | Government | 1.07 km |
| Antonio Park Primary School | 631-639 WHITEHORSE ROADMitcham 3132 | Primary | Government | 1.28 km |
| Mount Pleasant Road Nunawading Primary SchoolTop 20 | MT PLEASANT ROADNunawading 3131 | Primary | Government | 1.59 km |
| Rangeview Primary School | 27 CHURINGA AVENUEMitcham 3132 | Primary | Government | 1.73 km |
| Vermont Primary SchoolTop 50 | 4-10 NURLENDI ROADVermont 3133 | Primary | Government | 2.23 km |
| Donvale Primary School | ELATA STREETDonvale 3111 | Primary | Government | 2.47 km |
| St James' School | 51 CENTRE RDVermont 3133 | Primary | Catholic | 2.65 km |