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2 Welbourne Street, Mitcham$1m
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For Salehouse

2 Welbourne Street

Mitcham, SA 5062, Australia
$1m
2 bed 1 bath 2 car505 m²

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About this property

Delightful two-bedroom State Bank Bungalow, circa 1920, retaining beautiful character features, offering a fantastic entry level opportunity into prestigious Mitcham. Showcasing a cosmopolitan and convenient lifestyle being only minutes' walk to fashionable Mitcham Square Shopping precinct, and Mitcham Reserve. Presenting a myriad of options, including retaining as a rental investment, whilst enjoying capital growth, move in and enjoy whilst carrying out cosmetic improvements in the short term, or further extending with contemporary additions to the rear down the track (STCC). Enjoying a charming streetscape, the house would respond very well, offering great flexibility for further improvement given the valuable large rear garden area, including garage and shedding via the valuable side driveway access. Surrounded by excellent schooling, including being zoned for Unley High School, Mitcham Primary School, and Mitcham Village Kindergarten. Other schooling options include Netherby Kindergarten, Highgate School, Mitcham Girls High School, Urrbrae Agricultural High School, and Glenunga International High School. Transport at your doorstep, and only a short drive to the CBD, or the picturesque Adelaide Hills. Fantastic start for the first homebuyer who is looking for a very low maintenance, cosmopolitan, and spontaneous lifestyle. AUCTION: SATURDAY, 1ST AUGUST 2026 AT 11:00 AM (UNLESS SOLD PRIOR) AGENT: JAMIE BROWN 0413 000 887 RLA: 294724 RATES AND TAXES (approximate only and subject to change): - Certificate of Title Volume: 5768 Folio: 55 - Council City of Mitcham Rates: $1,895.35 per annum (approx.) - SA Water Quarterly Supply Charge: $88.00 per quarter (approx.) Sewer Charges: $130.46 per quarter (approx.) - Emergency Services Levy $164.00 per annum (approx.)

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
2
Bathrooms
1
Parking
2
Land Area
505 m²
Listed
2 days ago

Repayment calculator

$4,848/month
$2,424 /fortnight
Loan $800,000 at 6.10% over 30 years

Upfront costs

Deposit$200,000
Stamp duty$48,830
Conveyancing (est.)$2,000
Total upfront$250,830
Verify with SA revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Mitcham

This 2-bedroom house in Mitcham, SA 5062 sits within reach of public transport, local shops and nearby schools. It is listed 8% above the $924,000 median of 52 comparable houseswithin 5 km.

Schools near Mitcham

  • Scotch College - Mitcham Campuscombined

What's nearby

  • Stop 19 Princes Road - South side (bus)57 m away
  • Welbourne Hair Studio91 m away
  • Unnamed852 m away
  • McElligott's Quarry Reserve991 m away
  • Barrans Reserve1.1 km away

Mitcham at a glance

Full suburb profile
Population
1,832
Median age
44
Household income
$1,996/wk
Median rent
$328/wk
Median mortgage
$2,000/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Mitcham price trend

Median sold · House 3 bed

Compound growth +8.0% / yr over 4 yrs

$1.49mcurrent median

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