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 | $530,000 | 0.0% | $250,000 | $1,280,000 | 155 |
| 2010 | $633,500 | +16.3% | $150,000 | $2,830,000 | 217 |
| 2011 | $593,500 | -6.7% | $240,000 | $1,561,000 | 169 |
| 2012 | $565,000 | -5.0% | $365,000 | $1,310,000 | 187 |
| 2013 | $635,000 | +11.0% | $245,000 | $1,650,000 | 249 |
| 2014 | $710,000 | +10.6% | $430,000 | $3,700,000 | 247 |
| 2015 | $900,000 | +21.1% | $460,000 | $1,600,000 | 197 |
| 2016 | $946,000 | +4.9% | $637,000 | $1,930,000 | 180 |
| 2017 | $1,067,000 | +11.3% | $435,000 | $4,980,000 | 170 |
| 2018 | $990,000 | -7.8% | $585,000 | $2,080,000 | 142 |
| 2019 | $980,000 | -1.0% | $575,000 | $2,225,000 | 123 |
| 2020 | $1,033,000 | +5.1% | $620,000 | $1,780,000 | 141 |
| 2021 | $1,195,000 | +13.6% | $510,000 | $2,950,000 | 203 |
| 2022 | $1,182,000 | -1.1% | $475,000 | $2,960,000 | 170 |
| 2023 | $1,207,000 | +2.1% | $1,001 | $2,470,000 | 170 |
| 2024 | $1,160,000 | -4.1% | $620,000 | $2,600,000 | 172 |
Median Sale Price
$1.18M
Based on 175 recorded sales within the last 12 months
Updated on 22 Dec 2024
Suburb Growth
-2.3%
Current Median Price: $1,180,000
Previous Median Price: $1,207,000
Based on 343 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 | $380 | 0.0% | $240 | $595 | 108 |
| 2012 | $375 | -1.3% | $280 | $700 | 185 |
| 2013 | $385 | +2.6% | $255 | $1,825 | 179 |
| 2014 | $395 | +2.5% | $280 | $800 | 170 |
| 2015 | $400 | +1.3% | $200 | $750 | 246 |
| 2016 | $420 | +4.8% | $205 | $700 | 211 |
| 2017 | $440 | +4.5% | $295 | $750 | 189 |
| 2018 | $460 | +4.3% | $270 | $850 | 186 |
| 2019 | $450 | -2.2% | $200 | $920 | 161 |
| 2020 | $465 | +3.2% | $320 | $950 | 162 |
| 2021 | $450 | -3.3% | $1 | $765 | 199 |
| 2022 | $480 | +6.3% | $340 | $780 | 195 |
| 2023 | $550 | +12.7% | $360 | $1,000 | 158 |
| 2024 | $620 | +11.3% | $310 | $1,200 | 146 |
Median Rent Price
$610
per week
Based on 149 recorded rent within the last 12 months
Updated on 22 Dec 2024
Rent Price Growth
+9.8%
Current Median Rent: $610
Previous Median Rent: $550
Based on 307 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.7%
Current Median Price: $1,180,000
Current Median rent: $610
Based on 324 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 Mitcham
Houses sold in Last 12 months ends 21 Dec 2024
$1.18M
Median Sale Price
67%
Clearance Rate
83/124
Sold/Reported
$2.26M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $2 M - $3 M | 4 | |
| $1.6 M - $1.8 M | 1 | |
| $1.4 M - $1.6 M | 9 | |
| $1.2 M - $1.4 M | 14 | |
| $1 M - $1.2 M (Median Price Range) | 20 | |
| $800 K - $1 M | 8 | |
| $600 K - $800 K | 1 | |
Similar Suburbs to Mitcham 3132
Based on median house sale price sold in last 12 months
Schools closest to Mitcham, VIC 3132
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| St John's School | 490 WHITEHORSE RDMitcham 3132 | Primary | Catholic | 0.18 km |
| Mitcham Primary School | 294 MITCHAM ROADMitcham 3132 | Primary | Government | 0.94 km |
| Mullauna Secondary College | 456 SPRINGFIELD ROADMitcham 3132 | Secondary | Government | 1.07 km |
| Antonio Park Primary School | 631-639 WHITEHORSE ROADMitcham 3132 | Primary | Government | 1.28 km |
| Mount Pleasant Road Nunawading Primary SchoolTop 20 | MT PLEASANT ROADNunawading 3131 | Primary | Government | 1.59 km |
| Rangeview Primary School | 27 CHURINGA AVENUEMitcham 3132 | Primary | Government | 1.73 km |
| Vermont Primary SchoolTop 50 | 4-10 NURLENDI ROADVermont 3133 | Primary | Government | 2.23 km |
| Donvale Primary School | ELATA STREETDonvale 3111 | Primary | Government | 2.47 km |
| St James' School | 51 CENTRE RDVermont 3133 | Primary | Catholic | 2.65 km |