1/48 Maitland Street, Mitcham SA 5062
1/48 Maitland Street, Mitcham SA 5062
2 bedrooms, 1 bathroom, 1 carport. 80.4 sqm of indoor living on the ground floor of a 1968 brick group. The unit sits within a 239 sqm shared lot in Mitcham’s MPN Living zone. The main bedroom includes a bay window and built-in robe.
What is competitively strong about this unit is its position within a quiet, well-maintained group of only eleven properties, which offers a level of privacy and low-maintenance living that is increasingly sought after in Mitcham. The ground-floor layout and solid brick construction from the late 1960s provide a durable shell that appeals to both first-home buyers and downsizers who value a peaceful setting over modern finishes. Its location within the City of Mitcham places it in an established residential corridor where demand for modest, easy-care units remains steady, though the property itself does not rely on any single standout feature to compete.
The age of the building may mean that some systems or fixtures require attention, though this is not unusual for a 1968 build and the condition is not specified. The shared land arrangement of 239 sqm across eleven units limits exclusive outdoor space and may affect how the property is valued compared to a standalone dwelling. The single carport and one bathroom are functional but may narrow the pool of buyers who require additional parking or a second bathroom. These factors should be weighed when forming a view on price, but they do not undermine the property’s fundamental livability or its place in the market.
Detailed Independent Property Report prepared by PropCred Analyst team for 1/48 Maitland Street, Mitcham SA 5062
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
2
Income Risk
Execution Risk
1
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Market Insight
Mitcham is a well-established, family-oriented suburb where demand is driven by owner-occupiers, evidenced by a high proportion of family households. Recent price trends for houses show strong annual growth, while the unit market offers a more accessible entry point with steady appreciation. The market demonstrates solid fundamentals with consistent sales activity and competitive rental yields across bedroom types, suggesting sustained interest. Future growth is underpinned by its established residential character, though its appeal to families may present affordability constraints over time.
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PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
1
Land
239m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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