2/24 Price Avenue, Lower Mitcham, SA 5062 | Property Value & History | OnTheHouse
OFF MARKET

2/24 Price Avenue
Lower Mitcham SA 5062

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 78m2
Land area: 44m2
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Property Details for 2/24 Price Ave, Lower Mitcham

2/24 Price Ave, Lower Mitcham is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1972. The property has a land size of 44m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in May 2022.

Building Type
Townhouse
Year Built
1972
Floor Size
78m2
Land Size
44m2
Local Government
Mitcham
Lot/Plan
U2/S840

Last Listing description (May 2022)

Positioned in the highly desirable suburb of Lower Mitcham, this spacious low maintenance townhouse is any first home buyer's or investor's dream. A stress-free investment, this property offers a lock up and leave lifestyle with easy access to public transport, the CBD and nearby cosmopolitan Mitcham square shopping centre. The location of this unit could hardly be better.

As new kitchen complete with stainless steel cooking appliances

Spacious modern bathroom
Two spacious bedrooms both with built in robes, main bedroom with balcony
Large open sitting room complete with floating floors
Decorated in neutral tones throughout
Reverse cycle air conditioning
Small yard plus undercover parking
Just a short stroll to public transport and Mitcham Shopping centre
Situated in a small well looked after group of 6
Currently tenanted at $310 per week

Specifications:
CT | 5050/259
Council | City of Mitcham
Zoning | Residential
Council Rates | $1,154.30 per annum
SA Water | $142.10 per quarter
ES Levy | $111.05 per annum
Strata Fees | $375 per quarter
Year built | 1972
Rental Potential $340-370 per week

OUWENS CASSERLY MAKE IT HAPPEN
RLA - 275 403

Property History for 2/24 Price Ave, Lower Mitcham, SA 5062

A timeline of how this property has performed in the market
Last Sold
$400,000
20 May 2022
Listed for Rent
$310/w
13 Jul 2020
  • 20 May 2022
    Sold for $400,000
  • 20 Jan 2022
    Listed for Sale $380k - $410k
  • 31 May 2020
    Listed for Rent $310 / week
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About Lower Mitcham 5062

The size of Lower Mitcham is approximately 0.9 square kilometres. It has 3 parks covering nearly 1.3% of total area. The population of Lower Mitcham in 2016 was 2153 people. By 2021 the population was 2187 showing a population growth of 1.6% in the area during that time. The predominant age group in Lower Mitcham is 50-59 years. Households in Lower Mitcham are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lower Mitcham work in a professional occupation.In 2021, 81.50% of the homes in Lower Mitcham were owner-occupied compared with 79.60% in 2016.

Lower Mitcham has 963 properties. Over the last 5 years, Houses in Lower Mitcham have seen a 79.46% increase in median value, while Units have seen a 94.94% increase. As at 30 November 2025:

  • The median value for Houses in Lower Mitcham is $1,442,081 while the median value for Units is $630,520.
  • Houses have a median rent of $690 while Units have a median rent of $350.
There are currently 2 properties listed for sale, and no properties listed for rent in Lower mitcham on OnTheHouse. According to Cotality's data, 27 properties were sold in the past 12 months in Lower mitcham.

Suburb Insights for Lower Mitcham 5062

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Cotality Copyright and Legal Disclaimers about Property Data
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.