OFF MARKET

40 Price Avenue
Lower Mitcham SA 5062

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 164m2
Land area: 758m2
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Property Details for 40 Price Ave, Lower Mitcham

Building Type
Land
Year Built
1958
Floor Size
164m2
Land Size
758m2
Local Government
Mitcham
Lot/Plan
A29/D3393

Last Listing description (May 2019)

Choose one of these (soon to be created) Torrens title blocks in a fantastic location ~ so close to all amenities. The current home will be demolished and 2 new titles created.

This perfect size ~ 521sqm (approx) with a 10m frontage ~ allows you to design and create a great size home and still have enough land to include an entertainment area and enjoy a garden.


The flat level site is perfectly located ~ so close to everything you need. Walk to local bus and train as well as great parks and cafes.

So close to Mitcham Square shops and cinemas as well as wonderful schools, both public and private ~ Scotch College, Mitcham Primary, Unley, Urrbrae and Mercedes.

A short commute to the City or the hills.

A great opportunity to invest in such a tightly held, premium location.

NB: Demolition and sub-division costs will be at the expense of the Vendor and completed prior to settlement.

Council: City of Mitcham
Land Size: 521sqm (approx)
Zoning: Residential (CP)PA8.

Property History for 40 Price Ave, Lower Mitcham, SA 5062

A timeline of how this property has performed in the market
Last Sold
$163,000
13 Jan 1999
  • 17 Sep 2018
    Listed for Sale $480,000-$528,000 each
  • 13 Jan 1999
    Sold for $163,000

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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 75.03% increase in median value, while Units have seen a 80.48% increase. As at 31 December 2024:

  • The median value for Houses in Lower Mitcham is $1,402,720 while the median value for Units is $573,276.
  • 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.