Lower Mitcham Suburb Profile
South Australia 5062

Get email alerts for this suburb

Track this suburb to receive monthly email updates on median suburb statistics, properties sold and for sale and median property values.

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.

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.

Suburb Insights for LOWER MITCHAM 5062

Market Insights
Lower Mitcham Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Lower Mitcham Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age

Population 2,140

0-9

 

12%

10-19

 

12%

20-29

 

11%

30-39

 

11%

40-49

 

14%

50-59

 

15%

60-69

 

12%

70-79

 

8%

80-89

 

4%

90-99

 

1%

Household Structure
Occupancy

Last Updated: 19/12/2024

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.