1/14 Clive Street, Mitcham VIC 3132
1/14 Clive Street, Mitcham VIC 3132
4-bed executive townhouse | Own frontage in Mitcham | 348m² with double garage | Rare family-sized townhouse | Upper-end suburb pricing
This townhouse holds a genuinely uncommon position in Mitcham’s townhouse market. Most units in the suburb offer two or three bedrooms on smaller lots, often with shared driveways or body corporate constraints. Here, the combination of four bedrooms, three bathrooms, two living areas, and a double lock-up garage on a 348m² lot with its own street frontage gives it the feel of a small house rather than a townhouse. The finishes are described as contemporary and sophisticated, with stone benchtops, floorboards, and a fully fenced, private outdoor area. That configuration is best suited to growing families who want space without the maintenance of a full house, or downsizers who still need room for guests or multi-generational living. The zoning to Antonio Park Primary and Mullauna Secondary College adds practical appeal for family buyers, while proximity to transport, shops, and EastLink strengthens its day-to-day convenience. This is not a typical Mitcham unit; it competes more with premium townhouses and freestanding-feel villas across the eastern suburbs.
The asking range has shifted across listings, and that may reflect genuine market adjustment rather than inconsistency. The property is priced well above typical Mitcham dwelling benchmarks, which could narrow the buyer pool to those specifically seeking a four-bedroom townhouse with this level of finish. Rental estimates vary noticeably between platforms, suggesting the income potential is real but not yet tightly established. The energy rating of 6/10 is adequate but not exceptional, and the build appears recent based on the contemporary presentation, though no construction year is confirmed. Buyers should weigh the value of the own frontage and double garage against the fact that this remains a townhouse on a 348m² lot, not a house. The outdoor entertaining area and secure parking add tangible lifestyle value, but the price will ultimately hinge on how much premium the market assigns to that house-like configuration in a suburb where most comparable stock is smaller and older.
Detailed Independent Property Report prepared by PropCred Analyst team for 1/14 Clive Street, Mitcham VIC 3132
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
2
Income Risk
2
Execution Risk
1
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Market Insight
Positioned 18km east of the CBD, Mitcham attracts professional couples with children—the dominant 30-39 age group—seeking spacious homes, parklands and quality schools. House prices average $1.25M with 5.89–11.6% annual growth; units sit at $861K with 1.3–3.8% growth, showing softer attached demand. Houses sell in 26–35 days, while gross rental yields are low at 2.82–2.90% for houses and 3.5–3.92% for units; median weekly rents are $650 and $580. Annual sales volume is solid at 165–240 houses, and rents rose 5.6% for houses and 8.6% for units, underpinning investor appeal despite thin yields. Key constraints are affordability at these price points, interest-rate exposure for leveraged buyers, and a 30.1% drop in unit sales; house auction clearance of 80.7% indicates underlying demand remains robust.
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PropCred Estimated Value
Comparable Sales: 3-bed villa unit on substantial allotment, leafy setting, no body corporate fees | Property Price Band: $1.2M–$1.3M | Value Drivers: Own frontage, 4-bed layout, double garage, finish quality
Bedrooms
4
Bathroom
3
Parking
2
Land
348m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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