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Investment Property Lower Mitcham, SA, 5062

Suburb Snapshot

Lower Mitcham is a suburb in the Mitcham Region of South Australia. Lower Mitcham has a population of 2,149 people and 16.26% of its occupants live in rental accommodation. The median listing price for houses is $1,100,000 and this has changed -12.00% over the past year and changed 8.91% over 2 years.

The median rent in Lower Mitcham for houses is $600 per week and the median rental yield is 2.83%. Stock on the market for houses/townhouses has changed -66.67% compared to last year and the average time to sell a house/townhouse is 47 days.The median listing price for units is NA and this has changed NA over the past year. The average unit takes NA days to sell and the median rent for a unit in Lower Mitcham is NA per week, producing a rental yield of NA.

Supply & Demand in Lower Mitcham, Mitcham

0.21%

Current vacancy rate


2

Rental stock available


2,149

Population


16.26%

Rental population


0.40%

Current vacancy rate


113

Rental stock available


64,806

Population


17.93%

Rental population


0.52%

Current vacancy rate


4,602

Rental stock available


1,676,654

Population


25.08%

Rental population


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Statistical data for Lower Mitcham, Mitcham

  House Townhouses Units
Median listing price $1,100,000 NA NA
Median price change - last quarter -12.00% NA NA
Median price change - 1 year -12.00% NA NA
Median price change - 2 years 8.91% NA NA
  House Townhouses Units
Median weekly rent $600 NA NA
Median yield % 2.83% NA NA
Median rent change - 1 year 4.34% NA NA
  House Units
Previous month sales 6 2
Stock on market previous month 3 1
Stock variance vs. last year -66.67% 0.00%
Average days on market 47 NA

Lower Mitcham investment property listings

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