Unit 2, 14 BELMONT STREET Lower Mitcham SA 5062
This property is Off Market
- The Average property price in this area is $1,332,504, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 8.59 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Potential Land Contamination risk
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
About Mitcham (SA)
With an average age of 46, households expect an average monthly mortgage payment of $2,000 or a weekly rent payment of $418. The average family earns a weekly income of $2,650 with a typical household size of 2.6 and a 95.05% employment rate.
Consistent high demand relative to supply is a key feature in Lower Mitcham driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Lower Mitcham ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Lower Mitcham classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Lower Mitcham requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
Public Transport
Millswood
General Points of Interest
SA Aquatic & Leisure Centre
Westfield Marion Shopping Centre
Malvern Village
Pioneer Women's Memorial Garden
Plant Genomics Centre
Noel Lothian Viewing Platform
Trak Village Arcade
Adelaide Badminton Centre
Mount Osmond Golf Course
Diving Adelaide
Population
(Country of Birth not stated 1%)
Are people healthy?
There are a recorded 1575 asthma sufferers and 617 people living with diabetes. In addition, 775 people have a heart/vascular condition and 1136 people live with three or more chronic diseases.A good place to invest in property?
Mitcham (SA) a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
South Australia State average 45 / 100
Income
90 / 100
44 / 100
Industry
83 / 100
34 / 100
Population
71 / 100
37 / 100
House Prices
91 / 100
62 / 100
Jobs
79 / 100
33 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsUnley High School
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Mitcham Primary School
Kingswood, SA, 5062 State R-7 -
Colonel Light Gardens Primary School
Colonel Light Gardens, SA, 5041 State R-7 -
Clapham Primary School
Clapham, SA, 5062 State U, R-7 -
Unley High School
Netherby, SA, 5062 State 8-12 -
Scotch College
Torrens Park, SA, 5062 Independent R-12 -
Mitcham Girls High School
Kingswood, SA, 5062 State 7-12 -
St Joseph's School
Kingswood, SA, 5062 Independent R-6
Property Story
Unit 2, 14 Belmont Street, Lower Mitcham, Sa, 5062 is a residential property with 2 bedrooms, 1 bathrooms and 2 Parking spaces. The estimated value of this home is $660,000 while properties of this type typically sell for between $310,000 and $400,000 in this suburb. The estimated distance to the sea is 8.59km and at least 1.72KM to vegatation considered to be a factor in bushfire risk.Local Developments
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz 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 Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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