5/55 Price Avenue

Lower Mitcham SA 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 962 properties. Over the last 5 years, Houses in Lower Mitcham have seen a 64.32% increase in median value, while Units have seen a 69.28% increase. As at 30 September 2024:

• The median value for Houses in Lower Mitcham is $1,364,749 while the median value for Units is $533,181.
• Houses have a median rent of $720 while Units have a median rent of $350.