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Investment Property Mitchell Park, SA, 5043

Suburb Snapshot

Mitchell Park is a suburb in the Marion Region of South Australia. Mitchell Park has a population of 5,465 people and 44.67% of its occupants live in rental accommodation. The median listing price for houses is $775,000 and this has changed 19.23% over the past year and changed 24.00% over 2 years.

The median rent in Mitchell Park for houses is $640 per week and the median rental yield is 4.29%. Stock on the market for houses/townhouses has changed -40.00% compared to last year and the average time to sell a house/townhouse is 39 days.The median listing price for units is $465,000 and this has changed 29.16% over the past year. The average unit takes 41 days to sell and the median rent for a unit in Mitchell Park is $400 per week, producing a rental yield of 4.47%.

Supply & Demand in Mitchell Park, Marion

0.63%

Current vacancy rate


19

Rental stock available


5,465

Population


44.67%

Rental population


0.43%

Current vacancy rate


203

Rental stock available


88,614

Population


28.05%

Rental population


0.50%

Current vacancy rate


4,460

Rental stock available


1,676,654

Population


25.08%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Mitchell Park, Marion

  House Townhouses Units
Median listing price $775,000 NA $465,000
Median price change - last quarter 3.47% NA 3.33%
Median price change - 1 year 19.23% NA 29.16%
Median price change - 2 years 24.00% NA NA
  House Townhouses Units
Median weekly rent $640 $610 $400
Median yield % 4.29% NA 4.47%
Median rent change - 1 year 13.27% 1.66% 2.56%
  House Units
Previous month sales 13 4
Stock on market previous month 12 1
Stock variance vs. last year -40.00% -50.00%
Average days on market 39 41

Mitchell Park investment property listings

Showing 1 of 1 investment properties found in Mitchell Park on realestateinvestar.com.au

Lots 1-3/146 Bradley Grove, Mitchell Park

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Brand-New Single-Storey Homes Facing Mitchell Park Sports & Comm

Facing the Mitchell Park Sports and Community Centre, these three brand-new single-story homes by boutique Adelaide builder TJE BUILT offer modern, stylish living with clever, functional layouts in one of Mitchell Park's most convenient locations. Due for completion in April, these homes come with ...

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SA 5043


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