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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

1/3 Rupert St, Broadford

$435,000

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Refreshed, Low-Maintenance Living in a Convenient Broadford Pock

Neatly refreshed and full of warmth, this established home presents an inviting opportunity for first home buyers, downsizers or investors seeking a comfortable, easy-care property in a well-connected part of Broadford. Behind its charming façade, the home offers a functional and well-considered ...

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Unit

VIC 3658


3/3 Rupert St, Broadford

$480,000

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Brand New, Light-Filled Living in an established Broadford Pocke

Showcasing contemporary design, quality finishes and effortless low-maintenance living, this brand new three-bedroom residence presents an outstanding opportunity for owner-occupiers, first-home buyers and investors alike. Step inside to a well-considered floorplan where light-filled open-plan ...

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VIC 3658


1/120 Sutherland St, Kilmore

$500,000

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Charming Street Appeal, Smart Layout & Exceptional Convenience

Set in a quiet, well-established pocket of Kilmore, 1/120 Sutherland Street presents a refreshed and welcoming home that combines character, comfort and an exceptionally convenient location ideal for owner-occupiers seeking ease of living or investors focused on long-term demand. From the outset, ...

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Unit

VIC 3764


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