10 Broughton Avenue, Mitcham SA 5062

10 Broughton Avenue, Mitcham SA 5062
Family home on 902sqm | Scott Salisbury build | Unley High zone | 4-car garage | rare 2002 classic The propertyโ€™s competitive strength is its combination of generous land size, solid construction by an award-winning builder, and a school catchment that appeals directly to family buyers. The 902sqm allotment with only 35% building coverage leaves meaningful outdoor space uncommon in Mitcham, while the four-car garage and off-street capacity give it an edge for multi-vehicle households or those needing workshop or storage room. This house suits a buyer seeking a turnkey family residence with room to personalise the garden or extend later, without needing immediate renovation. The main risk is that the property has been on market for roughly a week with no disclosed sale, suggesting price expectations may sit above what the current market will absorb quickly. Buyers should note the 2015 purchase price of $1.15m, which sets a low cost base for the seller, and the estimated range of $1.78m to $2.43m leaves room for negotiation if competition is thin. The lack of heritage or flood overlays simplifies due diligence. This property should be held as a long-term family home, not a short-term flip, given its suburban positioning and steady demand from school-zone buyers

Independent, Unbiased Research Report for this property by PropCred Analyst teamย 

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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

4

Bathroom

2

Parking

4

Land

902mยฒ

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