Lower Mitcham is in the bottom 30% in SA when comparing median price capital growth over the last year. Lower Mitcham gave property investors a disappointing capital gain figure when compared to the rest of the state, with -2.54%.
Lower Mitcham5062 is located in SA which offers an average discount of -6.57% to property investors. Lower Mitcham itself is showing figures that indicate -2.71% is the average achievable by property buyers investing in the suburb.
Advertised rents are around the $465 mark per week – giving a return of 3.50% based on the median price in Suburb
Lower Mitcham, 5062 ranked 149th in SA when comparing growth in median property values or capital gain over the last 12 months. Lower Mitcham is one of 853 in our list for SA
LACK OF BUYER INTEREST may well be the reason that Lower Mitcham is offering property investors an average of -6.30. This rate of discount on properties puts Suburb at number 38th in terms of most discounted suburbs in SA