Mitcham has had a pretty average year for property investment returns compared to the rest of SA, giving investors a capital gain of 3.62% to date .
When looking at the potential capital gains offered to property investors over the last 3 years, Mitcham comes in at number 64th in SA.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Mitcham, 5062. Typically our figures indicate that -9.78% is being offered, which puts this SA suburb at 384th most discounted overall in Australia.
Residents and property investors in Mitcham have been waiting around 132.66 days to sell a property.
Mitcham, 5062’s gross rental yield is 2.82%
Mitcham has had a pretty good year for property investment returns compared to the rest of SA, giving investors a capital gain of 7.87% to date .
Taking the average capital gain, or increase in median house value, Mitcham,5062 has racked up an average of 7.87% over the period. This ranks it number 877th in the whole country for real estate investors looking at median house price increases.
Mitcham, 5062 is offering SA ‘s 15th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 10% of discounts offered by this SA.
Often selling an investment property can take time, and in Mitcham the average time real estate has been on the market is 79.23 days.