Over the last year, property investments in Lower Mitcham, 5062 have given investors a capital gain of 6.74%. This compares favourably with the 4.21% for SA as a whole.
Across a shorter period, Lower Mitcham, 5062 has seen a median price increase of 7.87% over the last quarter.
At number 346th of SA’s most discounted properties, Lower Mitcham is in the TOP 20% of the state/territory when listing in order of most discounted to least.
With the median price for a house in Lower Mitcham being $760500 and the advertised rent reaching $450 the gross rental yield for property investors calculates out to be 3.08%