12-18 Barkly Terrace, Mitcham, VIC 3132 | Property Value & History | OnTheHouse
 
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12-18 Barkly Terrace
Mitcham VIC 3132

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 1285m2
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Last updated 16 Mar 2026
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Property Details for 12-18 Barkly Tce, Mitcham

12-18 Barkly Tce, Mitcham is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 1285m2. While the property is not currently for sale or for rent, it was last sold in October 2022.

Building Type
House
Land Size
1285m2
Local Government
Whitehorse
Lot/Plan
PC377899

Last Listing description (October 2022)

Burgess Rawson is pleased to offer to the market, Joyful Learning ELC located in Mitcham VIC, for sale via our Auction Investment Portfolio 156.

This investment has the following key investment highlights:

+Secure 10-year net lease to Joyful Learning ELC to 2030.

+Three further 10-year options to 2060.
+Joyful Learning ELC: family owned and operated boutique provider.
+Attractive 3% annual rent increases.
+Tenant pays all usual outgoings.
+Immaculate purpose-built childcare centre approved for 54 LDC places.
+Near new construction (2020) with significant depreciation benefits.
+Strategically positioned 1,289sqm site adjoining Mitcham Train Station, and within ease of access to five schools.
+Conveniently located 250 metres from the Coles-anchored Mitcham Retail Centre, and within close proximity to Ringwood Square Shopping Centre and Eastland, underpinned by major retailers Coles, Woolworths and over 500 specialty retailers.
+Mitcham: popular family-oriented suburb located 20 kilometres* east from the Melbourne CBD.
+Childcare/Early Education is an essential service and one of Australia's most sought-after asset classes, with both Federal and State Governments providing record funding. In the 2021-22 Federal Budget, the Federal Government added a further $1.7 billion to the $10.3 billion already budgeted for the year*
+Net Income: $214,131 pa plus GST.

*Mitchell Institute, Australian Investment in Education: Early Childhood Education and Care (ECEC).

For Sale by Investment Portfolio Auction
10:30am (AEDT) Wednesday 26 October 2022
Crown Casino - River Room

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Property History for 12-18 Barkly Tce, Mitcham, VIC 3132

A timeline of how this property has performed in the market
Last Sold
$3,900,000
26 Oct 2022
  • 26 Oct 2022
    Sold for $3,900,000
  • 29 Sep 2022
    Listed for Sale Price on Request
  • 10 Sep 2020
    Sold for $3,410,000
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About Mitcham 3132

The size of Mitcham is approximately 6.6 square kilometres. It has 23 parks covering nearly 10.8% of 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 9,367 properties. Over the last 5 years, Houses in Mitcham have seen a 19.15% increase in median value, while Units have seen a 22.10% increase. As at 28 February 2026:

  • The median value for Houses in Mitcham is $1,280,161 while the median value for Units is $848,775.
  • Houses have a median rent of $650 while Units have a median rent of $580.
There are currently 23 properties listed for sale, and 6 properties listed for rent in Mitcham on OnTheHouse. According to Cotality's data, 382 properties were sold in the past 12 months in Mitcham.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

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