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Investment Property Mitcham, VIC, 3132

Suburb Snapshot

Mitcham is a suburb in the Whitehorse Region of Victoria. Mitcham has a population of 16,151 people and 25.27% of its occupants live in rental accommodation. The median listing price for houses is $1,015,000 and this has changed 3.57% over the past year and changed -3.34% over 2 years.

The median rent in Mitcham for houses is $530 per week and the median rental yield is 2.71%. Stock on the market for houses/townhouses has changed 5.45% compared to last year and the average time to sell a house/townhouse is 58 days.The median listing price for units is $650,000 and this has changed 4.83% over the past year. The average unit takes 50 days to sell and the median rent for a unit in Mitcham is $440 per week, producing a rental yield of 3.52%.

Supply & Demand in Mitcham, Whitehorse

0.68%

Current vacancy rate


50

Rental stock available


16,151

Population


25.27%

Rental population


1.01%

Current vacancy rate


757

Rental stock available


162,076

Population


25.58%

Rental population


0.87%

Current vacancy rate


26,641

Rental stock available


5,926,624

Population


24.77%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Mitcham, Whitehorse

  House Townhouses Units
Median listing price $1,015,000 $900,000 $650,000
Median price change - last quarter 1.50% 0.00% 0.00%
Median price change - 1 year 3.57% 0.55% 4.83%
Median price change - 2 years -3.34% 5.88% 13.53%
  House Townhouses Units
Median weekly rent $530 $600 $440
Median yield % 2.71% 3.46% 3.52%
Median rent change - 1 year 12.76% 13.20% 10.00%
  House Units
Previous month sales 13 4
Stock on market previous month 58 32
Stock variance vs. last year 5.45% 33.33%
Average days on market 58 50

Mitcham investment property listings

Showing 5 of 64 investment properties found in Mitcham on realestateinvestar.com.au

11 Ronald St, Mitcham

$1,900,000

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Signature style in a leafy enclave

With its storybook façade and pretty tree-lined street, this designer home is sure to turn heads and capture your heart with its signature style and generosity of space. The elegant light-filled interior features a formal lounge room warmed by a cosy gas log fire, leading to an impressive family ...

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House

VIC 3132


54 Madison Blvd, Mitcham

$950,000

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Magnificent Madison living.

If you're taking your first steps on the property ladder either as an owner-occupier or investor, you don't have to start at the very bottom. Take this fabulous three-bedroom townhouse, for example, which offers a sensational entry into Mitcham with a lock-and-leave lifestyle that's the envy of ...

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Townhouse

VIC 3132


58 Owen St, Mitcham

$1,250,000

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Clinker charm with 797sqm of potential.

With a host of popular local lifestyle assets at your door and a light and bright single-level layout suitable for family living, get off to a flying start in the property game with this charming three-bedroom clinker brick home. Displaying immaculate presentation inside and out, the luxury of two ...

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House

VIC 3132


14a Rotherwood Ave, Mitcham

$1,050,000

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Modern townhouse living with space, quality and no common land.

An amazing lifestyle location moments from Mitcham's magnificent heart is just one of the major selling points of this immaculately presented three-bedroom townhouse, boasting its own street frontage, no common land, no Body Corporate fees and low-maintenance living. Attractive from the kerbside ...

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Unit

VIC 3132


5/21 Burnett St, Mitcham

$1,000,000

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Designer Haven In A Treelined Location

OPPORTUNITY. Exuding sophistication with its designer renovations, this spacious split-level residence with a north-facing garden, impresses from start to finish. Nestled at the rear of a whisper-quiet complex, in one of central Mitcham's leafy streets, it offers both a serene retreat and ...

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Unit

VIC 3132


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