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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 5 of 83 investment properties found in Mitcham on realestateinvestar.com.au

6/27 Percy St, MITCHAM

$930,000

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Townhouse

VIC 3132


7/8 Harrison St, Mitcham

$965,000

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Bright, modern townhouse in a friendly complex

THE PROPERTY This lovely, move-in ready townhouse is full of light and easy modern style, tucked into a friendly, well-kept complex where people look out for each other. It has a comfortable, spacious layout that just works with a quiet lounge at the front for winding down, and a relaxed family ...

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Townhouse

VIC 3132


3 Panel St, Mitcham

$1,650,000

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When only the best will do.

Please register to attend open for inspection. Why settle for second best when you can own a home that's clearly a level above, both in lifestyle and living. Designed for the homebuyer with an appreciation for quality craftsmanship, a requirement of space and an eye for style, this meticulously ...

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House

VIC 3132


23 Dudley St, Mitcham

$1,350,000

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Modern Elegance with Premium Features

Welcome to 23 Dudley Street, Mitcham a stunning double-storey brick home nestled on a desirable corner block in one of the area's most sought-after locations. Designed for comfort, convenience, and contemporary family living, this spacious residence offers an exceptional blend of style and ...

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House

VIC 3132


4/233 Mitcham Rd, Mitcham

$749,000

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Immense living space and a tranquil rear location

Expansive living space and tremendous northern appeal defines this large and inviting villa unit! Towards the back of the block giving you quiet and privacy from Mitcham Road, this 3 bedroom home is perfect for so many buyers, including small families, young professionals, and those looking to ...

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Unit

VIC 3132


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