Mitcham has been one of the more active open home suburbs in Melbourne's east this winter. Attendance has been running above area average and the conversion from inspection to offer has been solid. Buyers are comparing Mitcham closely with Forest Hill and Nunawading, and the walkability of the Britannia Mall precinct and Mullum Mullum Creek trail access is tipping some of those decisions.
Halliday Park and the surrounding streets are seeing consistent inquiry from young families. The three-bedroom house market is moving well. The unit market is also active, picking up buyers who want this part of the east at a lower entry price, and clearing at rates that suggest genuine demand rather than exploratory interest.
Median sale price for houses in Mitcham is $1,200,000, up 3.4% from last year.
Median sale price for units in Mitcham is $771,000, up 4.6% from last year.
Properties sold for houses in Mitcham is 219, up 0.0% from last year.
Properties sold for units in Mitcham is 79, down 28.8% from last year.
Auction clearance for houses in Mitcham is 70.3%, down 7.1% from last year.
Auction clearance for units in Mitcham is 74.5%, up 4.3% from last year.
Av days on market for houses in Mitcham is 32, down 3.0% from last year.
Av days on market for units in Mitcham is 31, down 32.6% from last year.
Wondering what homes are actually selling for locally? Browse recently sold properties in the area
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