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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 $1,080,000 and this has changed 2.85% over the past year and changed 8.00% over 2 years.

The median rent in Mitcham for houses is $600 per week and the median rental yield is 2.88%. Stock on the market for houses/townhouses has changed -3.85% compared to last year and the average time to sell a house/townhouse is 69 days.The median listing price for units is $680,000 and this has changed 4.61% over the past year. The average unit takes 73 days to sell and the median rent for a unit in Mitcham is $500 per week, producing a rental yield of 3.82%.

Supply & Demand in Mitcham, Whitehorse

0.75%

Current vacancy rate


55

Rental stock available


16,151

Population


25.27%

Rental population


1.07%

Current vacancy rate


819

Rental stock available


162,076

Population


25.58%

Rental population


0.93%

Current vacancy rate


28,886

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 $1,080,000 $950,000 $680,000
Median price change - last quarter 2.32% -4.05% -2.21%
Median price change - 1 year 2.85% 5.55% 4.61%
Median price change - 2 years 8.00% 7.95% 6.25%
  House Townhouses Units
Median weekly rent $600 $650 $500
Median yield % 2.88% 3.55% 3.82%
Median rent change - 1 year 9.09% 8.33% 11.11%
  House Units
Previous month sales 18 4
Stock on market previous month 50 24
Stock variance vs. last year -3.85% 0.00%
Average days on market 69 73

Mitcham investment property listings

Showing 5 of 110 investment properties found in Mitcham on realestateinvestar.com.au

1/28 Orient Ave, Mitcham

$650,000

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Easy-Care Living with Modern Interiors and Outdoor Appeal

1/28 Orient Ave, Mitcham presents a well-maintained single-level brick unit offering two bedrooms, one bathroom, and a functional low-maintenance layout ideal for first home buyers, investors, or down-sizers. Combining generous proportions, modern finishes, and excellent outdoor space, this home ...

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VIC 3132


1/5 Moresby St, Mitcham

$890,000

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Quality and Comfort in a Unique Natural Setting

Whether you're looking for your first home, a chance to downsize in a prominent yet private position or for an impressive addition to your investment portfolio, glorious 'Gullyview' more than fits the bill. With the picturesque Moresby Street Reserve as one of your neighbours, you're welcomed ...

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VIC 3132


27 Owen St, Mitcham

$2,100,000

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Fully Renovated Family Residence with Poolside Entertaining and

Positioned in a well-connected Mitcham setting, this fully renovated weatherboard residence delivers a spacious and thoughtfully designed layout complemented by quality finishes and exceptional indoor-outdoor living. A unique highlight is the pathway next door providing direct access to a nearby ...

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House

VIC 3132


40 Good Governs St, Mitcham

$1,115,000

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Convenient living - Architectural home at outstanding value

Effortlessly blending a thoughtful split-level design with first class quality and brilliant Mitcham convenience is this memorable modern home on an enviable corner block. Architecturally inspired and boasting a 4 bedroom, 3 bathroom layout, this easy and stylish property is only a short walk to ...

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VIC 3132


1/3 Orient Ave, MITCHAM

$590,000

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A refined low-maintenance lifestyle in a prized leafy location

Enjoying its own street frontage on a picturesque tree-lined avenue, this elegant single-level brick unit showcases quality renovations throughout. Beautifully presented with gleaming Tasmanian oak hardwood floors, elegant crown moulding and ornamental ceiling roses, the home offers an exceptional ...

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Unit

VIC 3132


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