As of December 2025, Mitcham offers a median house price of $1.2 million, providing access to the desirable inner-east lifestyle at a more attainable price point than suburbs closer to the CBD like Hawthorn or Camberwell.
Mitcham’s appeal lies in its strategic location and infrastructure. Situated 20 kilometres east of Melbourne’s CBD, it provides relatively easy access via Mitcham Station on the Belgrave/Lilydale lines, currently offering a 35-40 minute commute to Flinders Street. This contrasts with the often-higher density and significantly higher property prices of inner-east suburbs. EastLink access from Mitcham Road further enhances connectivity. The suburb benefits from established amenities like Antonio Park and the larger Yarran Dheran Nature Reserve, alongside local schools including Antonio Park Primary and Mullauna Secondary. Proximity to major shopping centres like Eastland in Ringwood (a short drive or bus ride) adds convenience. Currently, Mitcham’s rental yield averages 2.8% for houses and 4.0% for units, reflecting a stable investment environment. Compared to neighbouring suburbs like Box Hill and Blackburn North, Mitcham generally presents a quieter, more family-focused environment.
Essentially, Mitcham delivers a blend of convenient access to inner-east opportunities with a more relaxed suburban feel and comparatively accessible property values as of December 2025.