LOWER MITCHAM 5062
State: SAPosiProp AI Investment Summary
LOWER MITCHAM (SA 5062) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 2.7% and has experienced a 12-month capital growth of Up 2.9%, with a median house buy price of $1,575,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
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$1,385,000
$2,021,000
$1,575,000
Suburb Market Profile
Last month Lower Mitcham had 3 properties available for rent and 7 properties for sale. Median property prices over the last year range from $1,575,000 for houses to $924,003 for units. If you are looking for an investment property, consider houses in Lower Mitcham rent out for $725 PW with an annual rental yield of 2.7% and units rent for $505 PW with a rental yield of 3.9%. Lower Mitcham has seen an annual compound growth rate of 2.9% for houses and 35.4% for units.
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