What is the current median house price in LOWER MITCHAM, SA?
The median house price in LOWER MITCHAM, SA 5062 is $2,225,000 as of 2026. The median unit/apartment price is $221,000. Prices have grown by 42.4% over the past 12 months.
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Core Market Intelligence — June 2026
The median house price in LOWER MITCHAM, SA 5062 is $2,225,000 as of 2026. The median unit/apartment price is $221,000. Prices have grown by 42.4% over the past 12 months.
LOWER MITCHAM shows favourable investment fundamentals. Key indicators include positive 12-month capital growth of 42.4%, a rental yield of 5.4%. Investors should consider their strategy (capital growth vs yield) and conduct due diligence on local market conditions before making decisions.
The gross rental yield in LOWER MITCHAM, SA 5062 is approximately 5.4%, with a median weekly rent of $368. This is considered a strong yield for the Australian market.
LOWER MITCHAM, SA 5062 has a population of 1,800 with a median age of 40. The median household income is $53,464. 71% of residents are owner-occupiers.