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 2.8% and has experienced a 12-month capital growth of Up 8.6%, with a median house buy price of $1,542,500. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
–
$1,327,750
$1,902,500
$1,542,500
Suburb Market Profile
Last month Lower Mitcham had 4 properties available for rent and 3 properties for sale. Median property prices over the last year range from $1,542,500 for houses to $569,000 for units. If you are looking for an investment property, consider houses in Lower Mitcham rent out for $698 PW with an annual rental yield of 2.8% and units rent for $495 PW with a rental yield of 3.7%. Lower Mitcham has seen an annual compound growth rate of 8.6% for houses and -33.1% for units.