Hi Karin. Good question. Unrenovated three bedroom houses usually sell in the $500,000s, whilst renovated and larger homes can sell for a lot, lot more - sometimes over $1,000,000. The quarterly median house price currently sits around $600,000 for a house and $500,000 for a unit. However, prices in the area are rising Ray White Mitcham does a very thorough quarterly report on Mitcham housing prices. Email firstname.lastname@example.org to receive via email every three months or give the office a call on 9872 3995. Cheers.