17 Langford Avenue, Mitcham VIC 3132
17 Langford Avenue, Mitcham VIC 3132
single-level house, 585m² | north-facing rear garden | 3 car spaces | school-zoned for Rangeview Primary and Vermont Secondary | 35% coverage
A competitive edge is found in the 585 m² block, where only 35% of the land is built upon, leaving generous outdoor space around a 206 m² single-level floor plan. The north-facing rear garden and covered deck are oriented toward the afternoon sun, and polished timber floors, an open fireplace, and modern kitchen fittings are combined in a layout that is rarely seen with three-car parking. School-catchment strength is consistently emphasised across the listing material, and the quiet, leafy street is described as a hallmark of this pocket. This property is best suited to a family buyer, with interest likely from downsizers seeking single-level living without the compromises of a unit or townhouse.
Construction age may need to be weighed carefully, since the interior has been modernised but the underlying condition is yet to be verified. A parcel-level planning check might be required to resolve the overlay inconsistency, clarifying any heritage consideration. The 2023 sale reference is available as a price anchor, though comparisons might be distorted by one conflicting record until the discrepancy is explained.
>> Comparable Sales: 17 Langford Ave, Mitcham (2023) sold $1.238M | Property Price Band: $1.2M to $1.3M | Value Drivers: single-level floor plan, north-facing block and garden, school-zone location
Detailed Independent Property Report prepared by PropCred Analyst team for 17 Langford Avenue, Mitcham VIC 3132
Checks found:
Value Risk
Liquidity Risk
Planning Risk
Income Risk
Execution Risk
2
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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
Bedrooms
3
Bathroom
2
Parking
3
Land
585m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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