479 Mitcham Road Mitcham VIC 3132

2 / 1 / 1 / 485 m2

Here you can find what you need to know about 479 Mitcham Road , including how much it's approximately worth, a history of what it has previously sold for and even the estimated weekly rent. You can also view comparable house and unit for sale and sold prices, information about Mitcham, VIC and much more.

Property photo of 479 Mitcham Road Mitcham VIC 3132
Property photo of 479 Mitcham Road Mitcham VIC 3132
Property photo of 479 Mitcham Road Mitcham VIC 3132
Property photo of 479 Mitcham Road Mitcham VIC 3132
Property photo of 479 Mitcham Road Mitcham VIC 3132
Property photo of 479 Mitcham Road Mitcham VIC 3132
Property photo of 479 Mitcham Road Mitcham VIC 3132
Property photo of 479 Mitcham Road Mitcham VIC 3132
Property photo of 479 Mitcham Road Mitcham VIC 3132
Property photo of 479 Mitcham Road Mitcham VIC 3132
Property photo of 479 Mitcham Road Mitcham VIC 3132
Property photo of 479 Mitcham Road Mitcham VIC 3132
Property photo of 479 Mitcham Road Mitcham VIC 3132
Property photo of 479 Mitcham Road Mitcham VIC 3132
Property photo of 479 Mitcham Road Mitcham VIC 3132
Property photo of 479 Mitcham Road Mitcham VIC 3132

Property Insights

479 Mitcham Road Estimated Value

$720,000 - $955,000

About Estimated Values

An automated valuation model estimate (AVM Estimate) is a statistically derived estimate of the sale or rental value (as the context requires) of the subject property. An AVM Estimate is generated (i) by a computer driven mathematical model in reliance on available data; (ii) without the physical inspection of the subject property; (iii) without taking into account market conditions which may, together or separately, affect the value.

An AVM Estimate is current only at the date of publication or supply and must not be relied upon as a professional valuation or an accurate representation of the market sale or rental value of the subject property.

CoreLogic does not warrant the accuracy, currency or completeness of the AVM Estimate and to the full extent permitted by law, CoreLogic excludes all liability for any loss or damage howsoever arising in connection with an AVM Estimate.
Medium confidence estimate
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Last sold for $680,000 on 05/10/2019

Sale Type: Unknown

This calculation is an estimate of weekly mortgage repayments using the estimated property value and a 20% deposit over a 30 year term. The interest rate applied is the average of the big 4 bank's Standard Variable Rates. This tool is only a guide of what your weekly mortgage repayments might be and does not take into account your personal circumstances such as your borrowing power, the lender's home loan product features, the term of any mortgage and does not include all applicable fees and charges that might be applied if you purchase a property. Your actual weekly mortgage repayments may be different. Before acting on this calculation you should seek professional advice.
Estimated
Rent
High confidence
Gross
Cashflow
Unavailable
Estimated
Gross Yield
Medium confidence
Natural Hazard Risk
Example Only
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Pros & Cons

Things to like
  • Above market cashflow potential
  • Cheaper than comparable properties
  • Low risk of losing value
Things to look out for
  • Slower growth than market average

Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

Example Only
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How we calculate the property Cashflow Score

Each property is given a score out of 100 based on one factor relating to the specific property and one factor relating to the suburb in which the property is located in. Each factor has a specific weighting.

A higher score indicates the property has higher than average estimated gross yield and is located in a suburb with similarly high yielding properties.

This property National
Estimated
Gross Yield
Manly, NSW National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the property Capital Growth Score

Each property is given a score out of 100 based on one factor relating to the specific property and three factors relating to the suburb in which the property is located in. Each factor has a specific weighting.

A higher score indicates the property has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

This property National
Change in Property
Value (1 yr)
Manly, NSW National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the property Lower Risk Score

Each property is given a score out of 100 based on two factors relating to the specific property and three factors relating to the suburb in which the property is located in. Each factor has a specific weighting.

A higher score indicates the property has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to command higher rent than average and therefore attract higher income tenants. Furthermore, it is likely to be easier to sell in the future due to strong market health indicators in the suburb it is located in.

This property National
Change in Property
Value (5 yr)
Estimated weekly
rent
Manly, NSW National
Average Days
on Market
Change in Median
Price (5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

About this Property

Details

Bedrooms 2
Bathrooms 1
Car Spaces 1
Land Size 485 m2
Floor Area 97 m2
House Type House: Standard
Council Area Whitehorse
Year Built 1950
Zone Neighbourhood Residential Zone - Schedule 1
Lot/Plan 3/LP15735 Mitcham VIC
Property Type House

Last listing description (September 2019)

The Heart of the Hub
This classic weatherboard home requires extensive work to restore its art deco interior, but the future is yours to decide. Set right in the hub across from Rangeview Village shops and restaurants, with a car park next door, there's potential here to run professional services like many of the medical clinics along the strip, or consider the development prospects (STCA) of this highly central location close to Mitcham train station, Rangeview Primary School, and an array of local parks. This 3 bedroom home built in the 1940's features the period finishes of 3m high ceilings, decorative cornices, hardwood flooring, and an original concrete laundry trough, but in its rundown state is ready for renewal. Consider the range of options here from this prime position - a flat lot with wide frontage - across from shops, cafes, the chemist and supermarket, with the bus out front to several nearby shopping malls and easy access to Eastlink.

Property Timeline

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Latest Auction Results for Mitcham as at 02 August 2020

Property Details
Sale Price
3Bed / 1Bath / 2Car / House
-
3Bed / 1Bath / 2Car / House
-
3Bed / 1Bath / 1Car / House
-
3Bed / 1Bath / 1Car / House
-
2Bed / 1Bath / 1Car / Unit
$685,500

State Auction Clearance Rates - August 2020

Auctions Clearance rate
VIC 369 55%
ACT 58 81%
NSW 643 62%
NT 3 33%
QLD 194 48%
SA 54 56%
TAS 1 0%
WA 12 33%

Suburb Insights

Mitcham, VIC 3132

No data available Part of: Whitehorse Council

Get neighbourhood info and insights with our Suburb Profile

View Mitcham Suburb Profile View properties in Mitcham

Occupancy


Demographic data provided
by Australian Bureau of Statistics


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Here you can find everything you need to know about 479 Mitcham Road, including the property sale history and estimated market value as well as insights into Mitcham Road and Mitcham 479 Mitcham Road Mitcham VIC 3132