SOLD
Sold on 21 Mar 2024 for $375,000

1/55 Price Avenue
Lower Mitcham SA 5062

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 59m2
Land area: 60m2
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Property Details for 1/55 Price Ave, Lower Mitcham

1/55 Price Ave, Lower Mitcham is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1971. The property has a land size of 60m2 and floor size of 59m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Unit sold in Lower Mitcham in the last 12 months.

Building Type
Unit
Year Built
1971
Floor Size
59m2
Land Size
60m2
Local Government
Mitcham
Lot/Plan
U1/S1437

Last Listing description (March 2024)

Versatile in its application as an investment property, first home or downsizer, this immaculate and well-appointed unit offers an exceptional opportunity without compromising on accessibility.
To the vendors delight this property is now under contract. Whether you're buying or selling the team at Tanner are here to help you on your journey. Please feel free to call David or Sarah on 0418 896 392 or email david@tannerre.com.au if you'd like to find out about selling your home with Tanner or if you'd like to be updated on other listings coming to market that might meet your requirements. We're here to help and look forward to hearing from you.

Property History for 1/55 Price Ave, Lower Mitcham, SA 5062

A timeline of how this property has performed in the market
Last Sold
$375,000
21 Mar 2024
Listed for Rent
$280/w
27 Apr 2021
  • 21 Mar 2024
    Sold for $375,000
  • 16 Jan 2024
    Listed for Sale Under Contract
  • 14 Apr 2022
    Sold for $310,500
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About Lower Mitcham 5062

The size of Lower Mitcham is approximately 0.9 square kilometres. It has 3 parks covering nearly 1.3% of total area. The population of Lower Mitcham in 2011 was 2,063 people. By 2016 the population was 2,140 showing a population growth of 3.7% in the area during that time. The predominant age group in Lower Mitcham is 50-59 years. Households in Lower Mitcham are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lower Mitcham work in a professional occupation. In 2011, 79.1% of the homes in Lower Mitcham were owner-occupied compared with 79.6% in 2016.

Lower Mitcham has 967 properties. Over the last 5 years, Houses in Lower Mitcham have seen a 76.81% increase in median value, while Units have seen a 76.40% increase. As at 30 November 2024:

  • The median value for Houses in Lower Mitcham is $1,386,585 while the median value for Units is $560,405.
  • Houses have a median rent of $650 while Units have a median rent of $350.
There are currently 1 property listed for sale, and no properties listed for rent in Lower mitcham on OnTheHouse. According to CoreLogic's data, 35 properties were sold in the past 12 months in Lower mitcham.

Suburb Insights for Lower Mitcham 5062

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.