Auction Times
Sat 30 May | Auction Time | Agency | |
|---|---|---|---|
 | 26 Heatherdale Road 3 1 2 House | 3:00 PM Sat 30th May | Buxton Box Hill |
Median Sale Price
House
$1M
Updated on Mar 2020
2 BR $820K | 3 BR $960K | 4 BR $1.14M |
Unit
$718K
Updated on Mar 2020
1 BR $323K | 2 BR $656K | 3 BR $835K |
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 | $630,000 | +15.9% | $150,000 | $2,830,000 | 217 |
| 2011 | $593,500 | -6.1% | $240,000 | $1,520,000 | 169 |
| 2012 | $565,000 | -5.0% | $365,000 | $1,300,000 | 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 | $1,070,000 | +11.6% | $435,000 | $4,980,000 | 169 |
| 2018 | $990,000 | -8.1% | $585,000 | $2,080,000 | 142 |
| 2019 | $983,000 | -0.7% | $680,000 | $2,225,000 | 121 |
| 2020 | $1,075,000 | +8.6% | $755,000 | $1,665,000 | 58 |
Median Sale Price
$1.03M
Based on 142 recorded sales within the last 12 months
Updated on 26 May 2020
Suburb Growth
+9.1%
Current Median Price: $1,025,000
Previous Median Price: $932,000
Based on 269 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Apr 2020)
Price Range Segments (12 months ending Apr 2020)
Median Weekly Rent Price
House
$450
Updated on Apr 2020
2 BR $400 | 3 BR $440 | 4 BR $515 |
Unit
$410
Updated on Apr 2020
1 BR $340 | 2 BR $400 | 3 BR $500 | 4 BR $610 |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $375 | 0.0% | $240 | $595 | 107 |
| 2012 | $375 | 0.0% | $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 | 188 |
| 2018 | $460 | +4.3% | $270 | $850 | 185 |
| 2019 | $450 | -2.2% | $200 | $920 | 159 |
| 2020 | $490 | +8.2% | $365 | $700 | 45 |
Median Rent Price
$460
per week
Based on 126 recorded rent within the last 12 months
Updated on 26 May 2020
Rent Price Growth
+2.2%
Current Median Rent: $460
Previous Median Rent: $450
Based on 305 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.3%
Current Median Price: $1,025,000
Current Median rent: $460
Based on 268 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Apr 2020)
Auction Results For Mitcham
Houses sold in Last 12 months ends 23 May 2020
$1.04M
Median Sale Price
82%
Clearance Rate
105/129
Sold/Reported
$1.68M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $1.6 M - $1.8 M | 5 | |
| $1.4 M - $1.6 M | 7 | |
| $1.2 M - $1.4 M | 11 | |
| $1 M - $1.2 M (Median Price Range) | 27 | |
| $800 K - $1 M | 32 | |
| $600 K - $800 K | 5 | |
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 |