As of December 2025, Mitcham property values reflect the completed Level Crossing Removal Project at Union Road, and the associated upgrades to Mitcham Station, as well as ongoing improvements to bus routes servicing the area.
The removal of the Union Road level crossing, completed in late 2023, significantly improved traffic flow along Whitehorse Road and created a new, modern station precinct. This has demonstrably increased accessibility to Mitcham Station, which currently offers train services on the Belgrave and Lilydale lines with 35-40 minute commutes to Flinders Street Station. Property closest to the station, particularly along Station Street and surrounding residential streets, experienced the most noticeable price adjustments following the project’s completion. Further, the Victorian Government’s continued investment in bus network optimisation, including route adjustments to better connect residents to Heatherdale Station and EastLink bus interchanges, is also factored into current valuations. These improvements are designed to reduce reliance on private vehicles and enhance connectivity to surrounding centres like Box Hill and Ringwood. The proximity to EastLink, providing direct access to the CBD and Peninsula, remains a key factor, but the rail improvements have become increasingly important, particularly for families prioritising access to schools like Antonio Park Primary and Mullauna Secondary.
Mitcham’s property market currently reflects the benefits of these completed and ongoing transport infrastructure projects, contributing to its desirability and value.