42 Burnett Street, Mitcham, VIC 3132 | Land for sale | OnTheHouse
FOR SALE
$999,000

42 Burnett Street
Mitcham VIC 3132

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 584m2
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Prime 584sqm Corner Development Opportunity in the Heart of Mitcham

A rare opportunity to secure a substantial 584sqm (approx.) corner allotment in one of Mitcham's most desirable and tightly held locations.
Boasting a prominent corner position with valuable dual street frontage, this vacant site offers exceptional flexibility for developers, builders, investors and owner-occupiers
looking to create a landmark project in Melbourne's thriving eastern suburbs (STCA).
Property Highlights
* Generous 584sqm (approx.) corner block
* Vacant land ready for immediate development
* Excellent dual frontage providing versatile design options
* Outstanding potential for a new luxury residence or multi-unit development (STCA)
* Positioned in a highly sought-after family-friendly neighbourhood
* Close to quality schools, shopping precincts, parks and public transport
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Property Details for 42 Burnett St, Mitcham

Building Type
Land
Land Size
584m2
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About Mitcham 3132

The size of Mitcham is approximately 6.6 square kilometres. There are 23 parks, covering nearly 10.8% of the total area. The population of Mitcham in 2016 was 16148 people. By 2021 the population was 16795 showing a population growth of 4.0% in the area during that time. The predominant age group in Mitcham is 30-39 years. Households in Mitcham are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mitcham work in a professional occupation.In 2021, 70.90% of the homes in Mitcham were owner-occupied compared with 69.80% in 2016.

Mitcham has 9,360 properties. Over the last 5 years, Houses in Mitcham have seen a -1.44% decrease in median value, while Units have seen a 8.43% increase. As at 31 May 2026:

  • The median value for Houses in Mitcham is $1,192,831 while the median value for Units is $794,779.
  • Houses have a median rent of $670 while Units have a median rent of $590.
There are currently 24 properties listed for sale, and 8 properties listed for rent in Mitcham on OnTheHouse. According to Cotality's data, 368 properties were sold in the past 12 months in Mitcham.

Suburb Insights for Mitcham 3132

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Ivy Liu
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Ray White Glen Waverley
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.