Market snapshot
Suburb insights for Mitcham3132
Change suburbMitcham is located 20 km east of the CBD. The area is primarily residential with some industry located along Whitehorse Road and the commercial focus of Mitcham is centred around the railway station. Mitcham features a number of parks such as Halliday Park Simpsons Park Heatherdale Reserve and Antonio Park.
Sales data
Median sale price
$1.2mil
Quarterly price change
4.3%
Metro Melbourne Comparison
$895k
-2.1%
| Bedrooms | Mitcham | Metro comparison |
|---|---|---|
| 2 | $860,000 | $888,000 |
| 3 | $1,078,500 | $807,000 |
| 4 | $1,365,000 | $950,000 |
| Insight | Mitcham | Metro comparison |
|---|---|---|
| Clearance rate | 76.1% | 72.6% |
| Days on market | 35 | 43 |
Rental data
Median weekly rent
$600
Rental yield
2.6%
Metro Melbourne Comparison
$580
3.3%
| Bedrooms | Mitcham | Metro comparison |
|---|---|---|
| 2 | $530 | $575 |
| 3 | $605 | $550 |
| 4 | $700 | $600 |
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