FairSquare analyses every Australian suburb for property investors — score, yield, risk and a full investment verdict.
FairSquare's model rates Mitcham, South Australia 6.8 out of 10 (Workhorse Investment) as of May 2026.
Mitcham, SA, just 10km from the CBD, is a "workhorse" investment driven by exceptionally tight supply and robust tenant demand, evidenced by a 0.7% vacancy rate. This imbalance underpins strong capital appreciation, with 16.5% price growth last year, positioning it as a compelling long-term hold despite a 2.6% gross yield. The market has started re-rating this location — 12-month growth of +16.5% puts it ahead of the broader South Australia median.
The median price is derived, not estimated. Every number on this page traces back to the model's proprietary yield surface — calibrated for each part of the country and resolved against distance from CBD. The price falls out of the formula.
Inputs for this suburb sit at the top of our calibration tier. The model is not guessing.
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Unlock 9 signals — A$25 →FairSquare's model rates Mitcham, South Australia 6.8 out of 10 (Workhorse Investment) as of May 2026. Mitcham, SA, just 10km from the CBD, is a "workhorse" investment driven by exceptionally tight supply and robust tenant demand, evidenced by a 0.7% vacancy rate. This imbalance underpins strong capital appreciation, with 16.5% price growth last year, positioning it as a compelling long-term hold despite a 2.6% gross yield.
The median house price in Mitcham, SA is $1.43M. Weekly rent of $727 against a 2.6% gross yield underpins this figure.
Mitcham has a gross rental yield of 2.6%, with a median weekly rent of $727. 12-month price growth is tracking at +16.5%.
Based on its market signals, Mitcham aligns with: Growth Play, Defensive Hold.