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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 $1,100,000 and this has changed 8.37% over the past year and changed 12.24% over 2 years.

The median rent in Mitcham for houses is $600 per week and the median rental yield is 2.83%. Stock on the market for houses/townhouses has changed -8.62% compared to last year and the average time to sell a house/townhouse is 72 days.The median listing price for units is $665,000 and this has changed 2.30% over the past year. The average unit takes 73 days to sell and the median rent for a unit in Mitcham is $495 per week, producing a rental yield of 3.87%.

Supply & Demand in Mitcham, Whitehorse

0.82%

Current vacancy rate


60

Rental stock available


16,151

Population


25.27%

Rental population


1.11%

Current vacancy rate


848

Rental stock available


162,076

Population


25.58%

Rental population


0.94%

Current vacancy rate


29,256

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 $1,100,000 $950,000 $665,000
Median price change - last quarter 2.32% -4.05% -2.21%
Median price change - 1 year 8.37% 5.55% 2.30%
Median price change - 2 years 12.24% 6.14% 7.25%
  House Townhouses Units
Median weekly rent $600 $640 $495
Median yield % 2.83% 3.50% 3.87%
Median rent change - 1 year 13.20% 6.66% 12.50%
  House Units
Previous month sales 16 4
Stock on market previous month 53 24
Stock variance vs. last year -8.62% -25.00%
Average days on market 72 73

Mitcham investment property listings

Showing 4 of 4 investment properties found in Mitcham on realestateinvestar.com.au

19 Owen St, MITCHAM

$2,200,000

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House

VIC 3132


2/366 Mitcham Rd, MITCHAM

$550,000

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Unit

VIC 3132


1/17 Harrison St, Mitcham

$810,000

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Superb Lifestyle Location

Perfectly positioned in a quiet yet ultra-convenient Mitcham pocket, this two-bedroom home delivers stylish, low-maintenance living with an impressive sense of space and comfort. Step inside to discover fresh oak-look flooring and a light-filled, split-level design. A spacious open-plan dining and ...

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Unit

VIC 3132


19 Nara Rd, Mitcham

$0

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Solid Foundations For The Future You Desire

OPPORTUNITY. Set on the fridges of Yarran Dheran and the Schwerkolt Cottage Reserve, this expansive family residence offers those with vision the chance to redefine the home's future, taking advantage of the fabulous foundations that are currently in place. PROPERTY. Spanning two generously ...

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House

VIC 3132


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