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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 0.78% over the past year and changed 0.94% 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 12.06% compared to last year and the average time to sell a house/townhouse is NA days.The median listing price for units is $410,000 and this has changed -4.66% 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 4.81%.

Supply & Demand in Mitchell

1.02%

Current vacancy rate


260

Rental stock available


40,910

Population


19.33%

Rental population


0.93%

Current vacancy rate


28,886

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 $410,000
Median price change - last quarter -0.55% 0.00% -1.24%
Median price change - 1 year 0.78% -13.52% -4.66%
Median price change - 2 years 0.94% -11.12% -2.39%
  House Townhouses Units
Median weekly rent $470 $440 $380
Median yield % 3.81% 4.76% 4.81%
Median rent change - 1 year 4.44% 4.76% 5.55%
  House Units
Previous month sales 64 6
Stock on market previous month 1,041 33
Stock variance vs. last year 12.06% 32.00%
Average days on market NA NA

Mitchell investment property listings

Showing 3 of 3 investment properties found in Mitchell on realestateinvestar.com.au

10 Mentor St, Seymour

$610,000

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The Space You've Been Searching For

Welcome to 10 Mentor Street, a generous and well-kept family home offering comfort, space and flexibility in one of Seymour's most convenient pockets. With 5 bedrooms, 2 bathrooms and 2 living areas, this residence is ideal for large families, blended families, or anyone needing extra room to ...

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House

VIC 3660


7/56 George St, Kilmore

$490,000

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Neat, Private & Perfectly Positioned A Smart Start or Savvy Inv

Tucked away in a quiet and tightly held pocket of Kilmore, this beautifully maintained home delivers comfort, convenience and low-maintenance living on a manageable 367m² (approx.). Well presented throughout and offering exceptional privacy, it's an ideal opportunity for investors, ...

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House

VIC 3764


5203 Domain Dr, Beveridge

$722,200

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Build your dream home with Boutique!

The Barcelona is always lively. With its huge windows and high ceilings, your home is continuously naturally bright and inviting. Positioned near the entrance, the master bedroom promises a tranquil retreat separated from the rest of the home. The clever use of space allows for a spacious walk-in ...

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House

VIC 3753


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