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VIC › Mitcham › Mitcham Rd

223 Mitcham Rd, Mitcham VIC 3132

House

$1,370,000

Last sold

31 May 2025

5

Bedrooms

3

Bathrooms

2

Car spaces

689 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,370,000 (31 May 2025).(Recorded sale)
  • FactLand 689 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Mitcham (last 5 years) with land size: median $1,586/m² of land (n=14). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 4 (NRZ4) under the ZN.(Vicmap Planning · 31 Aug 2026)

What could make it worth less?

  • FactDEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1 intersects 99.8% of this parcel.(Vicmap Planning · 31 Aug 2026)
  • FactSIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 9 intersects 99.8% of this parcel.(Vicmap Planning · 31 Aug 2026)

What should you verify next?

  1. 1DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1 affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  2. 2SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 9 affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  3. 3No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

What this lot has actually traded at

Last sold

$1,370,000

31 May 2025 · derived via latest_sale

Local land rate: recorded House sales in Mitcham (last 5 years) with land size have a median of $1,586/m² of land (n=14). Districts calculation from recorded sales — not a valuation.

Mitcham at a glance

17,531

People

$904,000

Median sale

$581/wk

Median rent

3.34%

Suburb gross yield

Median sale from 6 recorded sales (last 24 months) — a Districts calculation.

See the full Mitcham report →

Vs Mitcham

+51.5%

Median sale

Suburb $904,000

-1.13 pp

Gross yield

Suburb 3.34%

Suburb median $904,000 from 6 recorded sales (last 24 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

ZN

Zone

NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 4

NRZ4

Jurisdiction

Whitehorse

Whitehorse, VIC

Planning overlays

  • DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1Detected — 99.8% of parcel

Development activity

Data unavailable

Source

  • Provider: Vicmap Planning
  • Dataset: PLAN_ZONE
  • Retrieved: 31 Aug 2026
  • Version: 1
  • Parcel: 1490352

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$1,370,00031 May 2025
  2. Listedprice unknowncompleted6 May 2025
  3. Listedprice unknowncompleted6 May 2025

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Confidence: medium

Zoned NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 4 · NRZ4 (ZN). Official parcel area about 690 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Official parcel about 690 m² — land size can look like optionality. What reduces it: DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1; SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 9. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $581/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

3 of 10 questions answered so far

  • Development optionality of this lot

    Knownmedium

    Zoned NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 4 · NRZ4 (ZN). Official parcel area about 690 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Knownlow

    Official parcel about 690 m² — land size can look like optionality. What reduces it: DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1; SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 9. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.

  • Lot-level flood

    Unknown

    Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    No DA adapter returned applications for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Mitcham in one glance

Mitcham at a glance

17,531

People

$904,000

Median sale

$581/wk

Median rent

3.34%

Suburb gross yield

Median sale from 6 recorded sales (last 24 months) — a Districts calculation.

See the full Mitcham report →

Keep researching

  • Why Mitcham? Read the area thesis →
  • What else is on the market in Mitcham →
  • Other records on Mitcham Rd →

Listing material

Listed by Harcourts Manningham

Generous Family Dimensions Across from Local Schools

The nearby Mullum Mullum Reserve and Mullauna College provide an excellent introduction to this comfortable, five-bedroom, three-bathroom family home, where a large rear patio further enhances its scope for entertaining.

Inside, formal rooms for lounging and dining are complemented by a casual family zone along the rear. Sliding doors open the space onto the undercover alfresco set below a high gabled roof and benefitting from cafe blinds for year-round comfort.

A central kitchen makes light work of home cooked meals and boasts breakfast bar, wraparound preparation benches, and stainless-steel appliances. A second kitchen in the family zone offers a significant degree of versatility. Perfect for larger-scale celebrations, this area can be cordoned off from the main house to facilitate multi-generational living.

Read the full description

Accommodation comprises five-bedrooms with BIR with three bathrooms shared between them. Further features include floor-to-ceiling bathroom tiling, ducted heating, polished timber flooring, and rear north-facing aspects.

Families are prioritised, with this exceptionally positioned property sitting across the road from Mullauna College & Mitcham Primary School, and within walking distance of Haliday Park. Mitcham station plaza, the Mullum Mullum Trail and the M3 Freeway are right nearby.

Listing description written by John Konidaris, Harcourts Manningham — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.