550 Mitcham Road, Mitcham, VIC 3132 | Property Value & History | OnTheHouse
 
OFF MARKET

550 Mitcham Road
Mitcham VIC 3132

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 240m2
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Property Details for 550 Mitcham Rd, Mitcham

Building Type
Commercial
Land Size
240m2
Local Government
Whitehorse
Lot/Plan
3/LP26529

Last Listing description (December 2025)

Position your brand for success in this prominently located, well-maintained commercial property, perfectly situated within Mitcham's vibrant retail and service precinct.

Set along busy Mitcham Road, this high-exposure opportunity offers a versatile layout ideal for medical, allied health, consulting, beauty, or retail businesses. Surrounded by popular cafs, boutique stores, and essential services, this property puts your business at the centre of a thriving local hub.

Property Highlights:

Outstanding street presence with excellent signage potential
Flexible floor plan lease the entire premises and customise to suit your operations
High foot traffic and strong vehicle exposure
Exceptional accessibility buses at your doorstep, minutes from Mitcham Train Station
Well presented and move-in ready

This is a rare chance to secure a quality commercial space in one of Mitcham's most sought-after locations. Whether you're launching a new venture or expanding an existing one, this address offers everything you need to thrive.

Enquire today and secure your place in a premium retail strip with proven demand.

Proudly presented by Noel Jones Doncaster.

Disclaimer:
Every precaution has been taken to establish the accuracy of the information provided. Some images may have been digitally enhanced or virtually staged for presentation purposes. This material does not constitute any representation by the vendor or real estate agent as to the propertys current condition or features. You should rely on your own inspection and enquiries to satisfy yourself of the condition and characteristics of the property.

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Property History for 550 Mitcham Rd, Mitcham, VIC 3132

A timeline of how this property has performed in the market
Last Sold
$254,500
28 Nov 1988
Listed for Rent
$436/w
09 Oct 2025
  • 09 May 2025
    Listed for Rent - Price not available
  • 28 Nov 1988
    Sold for $254,500
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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 9,354 properties. Over the last 5 years, Houses in Mitcham have seen a 26.84% increase in median value, while Units have seen a 14.98% increase. As at 31 December 2025:

  • The median value for Houses in Mitcham is $1,298,879 while the median value for Units is $818,305.
  • Houses have a median rent of $630 while Units have a median rent of $580.
There are currently 16 properties listed for sale, and 9 properties listed for rent in Mitcham on OnTheHouse. According to Cotality's data, 372 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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