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 | $560,000 | 0.0% | $315,000 | $2,000,000 | 36 |
| 2010 | $676,000 | +17.2% | $455,000 | $2,000,000 | 26 |
| 2011 | $808,000 | +16.3% | $536,200 | $1,665,000 | 26 |
| 2012 | $610,000 | -32.5% | $415,000 | $1,500,000 | 24 |
| 2013 | $585,000 | -4.3% | $295,000 | $7,511,110 | 52 |
| 2014 | $711,000 | +17.7% | $410,000 | $1,420,000 | 33 |
| 2015 | $684,000 | -3.9% | $450,000 | $1,205,000 | 28 |
| 2016 | $742,000 | +7.8% | $375,000 | $1,635,000 | 26 |
| 2017 | $767,470 | +3.3% | $468,000 | $3,200,000 | 25 |
| 2018 | $750,000 | -2.3% | $584,000 | $1,525,000 | 30 |
| 2019 | $820,000 | +8.5% | $445,000 | $1,700,000 | 25 |
| 2020 | $874,000 | +6.2% | $590,000 | $1,600,000 | 30 |
| 2021 | $1,115,000 | +21.6% | $621,000 | $2,350,000 | 29 |
| 2022 | $1,185,000 | +5.9% | $628,000 | $3,720,000 | 24 |
| 2023 | $1,155,000 | -2.6% | $542,000 | $2,225,000 | 26 |
| 2024 | $1,140,000 | -1.3% | $944,000 | $1,705,000 | 9 |
Median Sale Price
$1.15M
Based on 25 recorded sales within the last 12 months
Updated on 19 Apr 2024
Suburb Growth
-3.5%
Current Median Price: $1,145,000
Previous Median Price: $1,185,000
Based on 53 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 | $400 | 0.0% | $270 | $120,000 | 13 |
| 2012 | $450 | +11.1% | $265 | $750 | 19 |
| 2013 | $370 | -21.6% | $300 | $740 | 17 |
| 2014 | $450 | +17.8% | $350 | $1,400 | 10 |
| 2015 | $510 | +11.8% | $270 | $1,400 | 23 |
| 2016 | $595 | +14.3% | $315 | $950 | 26 |
| 2017 | $470 | -26.6% | $305 | $800 | 22 |
| 2018 | $485 | +3.1% | $300 | $1,050 | 24 |
| 2019 | $500 | +3.0% | $300 | $950 | 26 |
| 2020 | $450 | -11.1% | $350 | $660 | 15 |
| 2021 | $550 | +18.2% | $380 | $800 | 9 |
| 2022 | $550 | 0.0% | $380 | $1,200 | 21 |
| 2023 | $650 | +15.4% | $495 | $2,080 | 21 |
| 2024 | $1,000 | +35.0% | $600 | $1,000 | 2 |
Median Rent Price
$750
per week
Based on 16 recorded rent within the last 12 months
Updated on 19 Apr 2024
Rent Price Growth
+14.7%
Current Median Rent: $750
Previous Median Rent: $640
Based on 39 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.4%
Current Median Price: $1,145,000
Current Median rent: $750
Based on 41 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 Mitcham
Houses sold in Last 12 months ends 13 Apr 2024
$1.71M
Median Sale Price
67%
Clearance Rate
2/3
Sold/Reported
$1.71M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $1.6 M - $1.8 M (Median Price Range) | 1 | |
| $1 M - $1.2 M | 1 | |
Similar Suburbs to Mitcham 5062
Based on median house sale price sold in last 12 months
Schools closest to Mitcham, SA 5062
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Mercedes CollegeTop 20 | 540 FULLARTON RDSpringfield 5062 | Combined | Catholic | 0.58 km |
| Scotch CollegeTop 50 | CARRUTH ROADTorrens Park 5062 | Combined | Independent | 0.74 km |
| Unley High SchoolTop 50 | KITCHENER STREETNetherby 5062 | Secondary | Government | 0.91 km |
| Mitcham Primary SchoolTop 50 | HILLVIEW ROADKingswood 5062 | Primary | Government | 1.01 km |
| Urrbrae Agricultural High SchoolTop 100 | FULLARTON ROADNetherby 5062 | Secondary | Government | 1.37 km |
| St Joseph's SchoolTop 100 | 33 CAMBRIDGE TCEKingswood 5062 | Primary | Catholic | 1.27 km |
| Highgate SchoolTop 20 | HAMPSTEAD AVENUEHighgate 5063 | Primary | Government | 1.78 km |
| Mitcham Girls High SchoolTop 50 | KYRE AVENUEKingswood 5062 | Secondary | Government | 1.6 km |
| Concordia CollegeTop 50 | 45 CHELTENHAM STREETHighgate 5063 | Secondary | Independent | 2.17 km |
| St John's Lutheran SchoolTop 100 | 20 HIGHGATE STHighgate 5063 | Primary | Independent | 2.21 km |