6/55 Price AvenueLower Mitcham SA 5062
Property Details for 6/55 Price Ave, Lower Mitcham
6/55 Price Ave, Lower Mitcham is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1971. The property has a floor size of 59m2. While the property is not currently for sale or for rent, it was last sold in July 2022.
Last Listing description (June 2022)
Ideally located in this sought-after suburb and featuring:
* Light and bright open plan living/kitchen/meals with split system air conditioner providing year-round comfort
* Great bench space & shelves for extra storage in the kitchen, but with scope for a value adding renovation
* Combined bathroom/laundry
* Carport
* Potential rental return of $295-$320/week
This neat and well-presented unit is suitable for first home buyers, downsizers, homeowners and investors alike.
Lower Mitcham highlights include:
* Short stroll to Mitcham Square shopping and Wallis cinemas, cafes and parks
* Close to the city's edge with an abundance of wonderful amenities nearby
* Walkways, bike paths and public transport routes ~ very handy to the train
* Elite school options including Mitcham & Colonel Light Gardens Primary Schools, Unley High, and many private schools including Scotch College, Mercedes College, and Mitcham Girls High to name just a few
The perfect place to nest or invest. Don't miss this great value opportunity and call today!
** The health and wellbeing of our clients, the community and our team is extremely important to us. Whilst we encourage people to continue property viewings, in the current circumstances surrounding COVID-19 we ask that you respect others' health. If you or others that you may have been in contact with, have returned from any interstate or overseas destination within the last 14 days or you are displaying any flu like symptoms please do not attend property viewings. **
Council: City of Mitcham
Council Rates: $1,143.85 per annum
SA Water: $142.10 per quarter
ESL: $91.30 per annum
Strata Rates: $315- per quarter + $19- Sinking Fund
Year Built: 1971
Zoning: Suburban Neighbourhood
Rent Range: $295-$320/week
Property History for 6/55 Price Ave, Lower Mitcham, SA 5062
- 15 Jul 2022Sold for $285,000
- 03 May 2022Listed for Sale $285,000 - $295,000
- 04 Mar 2020Listed for Rent $255 / week
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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 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.
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