Lower Mitcham, SA 5062

Lower Mitcham, SA 5062

Compare Part of Mitcham

5.99 km
Distance from CBD
15 k
Population
Median Sale Price
House
-
Updated on Oct 2024
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Oct 2024
1 BR
-
2 BR
-
3 BR
-
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
Year Median Growth Low High # Sales
2009
$615,500
 0.0% $420,000 $825,000 23
2010
$590,000
 -4.3% $440,000 $2,030,000 48
2011
$602,000
 +2.0% $470,259 $1,245,000 24
2012
$567,000
 -6.2% $71,500 $3,200,000 44
2013
$593,000
 +4.4% $436,000 $1,720,000 57
2014
$645,000
 +8.1% $341,500 $1,611,000 39
2015
$735,000
 +12.2% $480,500 $1,500,000 29
2016
$690,000
 -6.5% $356,000 $895,000 25
2017
$775,000
 +11.0% $595,000 $2,100,000 30
2018
$780,000
 +0.6% $642,000 $1,210,000 29
2019
$784,000
 +0.5% $570,000 $1,450,000 37
2020
$840,000
 +6.7% $550,000 $1,380,000 31
2021
$1,175,000
 +28.5% $646,500 $1,567,500 31
2022
$1,171,000
 -0.3% $843,000 $1,705,000 22
2023
$1,300,000
 +9.9% $780,000 $1,900,000 26
2024
$1,500,000
 +13.3% $850,000 $1,907,000 24
Median Sale Price
$1.5M
Based on 25 recorded sales within the last 12 months
Updated on 22 Dec 2024
Suburb Growth
+13.3%
Current Median Price: $1,500,000
Previous Median Price: $1,300,000
Based on 51 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Nov 2024)
Price Range Segments (12 months ending Nov 2024)
Median Weekly Rent Price
House
-
Updated on Oct 2024
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Oct 2024
1 BR
-
2 BR
-
3 BR
-
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
Year Median Growth Low High # Rents
2011
$385
 0.0% $290 $595 18
2012
$370
 -4.1% $295 $580 15
2013
$395
 +6.3% $310 $695 20
2014
$470
 +16.0% $310 $650 10
2015
$475
 +1.1% $330 $950 18
2016
$425
 -11.8% $320 $850 26
2017
$465
 +8.6% $320 $800 22
2018
$435
 -6.9% $330 $800 17
2019
$520
 +16.3% $350 $825 16
2020
$450
 -15.6% $290 $650 14
2021
$550
 +18.2% $340 $880 12
2022
$610
 +9.8% $430 $950 15
2023
$620
 +1.6% $345 $990 16
2024
$650
 +4.6% $530 $950 17
Median Rent Price
$650
per week
Based on 17 recorded rent within the last 12 months
Updated on 22 Dec 2024
Rent Price Growth
+4.6%
Current Median Rent: $650
Previous Median Rent: $620
Based on 33 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.3%
Current Median Price: $1,500,000
Current Median rent: $650
Based on 42 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Nov 2024)

Auction Results For Lower Mitcham

Houses sold in Last 12 months ends 21 Dec 2024

$1.53M

Median Sale Price

87%

Clearance Rate

13/15

Sold/Reported

$1.88M

Highest Sale Price

Sold Price Range No. of Sold Properties
$1.8 M - $2 M 2
$1.4 M - $1.6 M
(Median Price Range)		 4
$1.2 M - $1.4 M 1
$1 M - $1.2 M 1
$800 K - $1 M 1

Schools closest to Lower Mitcham, SA 5062

School name Address Type Sector Distance
Mitcham Girls High SchoolTop 50 KYRE AVENUEKingswood 5062 Secondary Government 0.78 km
St Joseph's SchoolTop 100 33 CAMBRIDGE TCEKingswood 5062 Primary Catholic 0.87 km
Mitcham Primary SchoolTop 50 HILLVIEW ROADKingswood 5062 Primary Government 0.9 km
Scotch CollegeTop 50 CARRUTH ROADTorrens Park 5062 Combined Independent 1.01 km
Colonel Light Gardens Primary SchoolTop 100 WINDSOR AVENUEColonel Light Gardens 5041 Primary Government 1.6 km
Unley High SchoolTop 50 KITCHENER STREETNetherby 5062 Secondary Government 1.52 km
Westbourne Park Primary SchoolTop 50 MARLBOROUGH ROADWestbourne Park 5041 Primary Government 1.63 km
Clapham Primary School BARRETTS ROADClapham 5062 Primary Government 1.92 km
Concordia CollegeTop 50 45 CHELTENHAM STREETHighgate 5063 Secondary Independent 2.01 km
Walford Anglican School for GirlsTop 10 316 UNLEY ROADHyde Park 5061 Combined Independent 2.11 km