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Investment Property Mitchell, VIC

Region Snapshot

Mitchell is a region in Victoria, Australia. Mitchell has a population of 40,910 people and 19.33% of its occupants live in rental accommodation. The median listing price for houses is $640,000 and this has changed 0.62% over the past year and changed 0.78% over 2 years.

The median rent in for houses is $470 per week and the median rental yield is 3.81%. Stock on the market for houses/townhouses has changed 19.09% compared to last year and the average time to sell a house/townhouse is NA days.The median listing price for units is $400,000 and this has changed -5.89% over the past year. The average unit takes NA days to sell and the median rent for a unit in Mitchell is $380 per week, producing a rental yield of 4.94%.

Supply & Demand in Mitchell

1.05%

Current vacancy rate


266

Rental stock available


40,910

Population


19.33%

Rental population


0.94%

Current vacancy rate


29,256

Rental stock available


5,926,624

Population


24.77%

Rental population


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

Statistical data for Mitchell

  House Townhouses Units
Median listing price $640,000 $480,000 $400,000
Median price change - last quarter -0.55% 0.00% -1.24%
Median price change - 1 year 0.62% -13.52% -5.89%
Median price change - 2 years 0.78% -11.12% -4.77%
  House Townhouses Units
Median weekly rent $470 $440 $380
Median yield % 3.81% 4.76% 4.94%
Median rent change - 1 year 6.81% 4.76% 7.04%
  House Units
Previous month sales 77 3
Stock on market previous month 1,073 29
Stock variance vs. last year 19.09% -3.33%
Average days on market NA NA

Mitchell investment property listings

Showing 5 of 814 investment properties found in Mitchell on realestateinvestar.com.au

Lot 5228 Domain Release, BEVERIDGE

$797,045

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4

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2

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2

House

VIC 3753


Lot 5317 Ambient, BEVERIDGE

$753,445

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4

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3

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2

House

VIC 3753


Lot 5231 Domain Release, BEVERIDGE

$825,335

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5

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2

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2

House

VIC 3753


112 Queen St, WALLAN

$1,850,000

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3

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2

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0

House

VIC 3756


10B Union St, KILMORE

$550,000

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3

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2

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1

House

VIC 3764


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