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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 5 of 983 investment properties found in Mitchell on realestateinvestar.com.au

N/A, Kilmore

$695,000

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HIGH RENT YIELD DUAL OCCUPANCY

If you're a serious investor looking for Maximum Cashflow, Two Rental Incomes, then a Dual Occupancy or Duplex is a strategy that beats the typical single tenant model every day of the week, a Dual Occupancy or Duplex is one of the sharpest plays in the Australian market right now. And the smart ...

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Townhouse

VIC 3764


N/A, Wallan

$675,050

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High-Performance H & L Package with Guaranteed Fixed Prices.

This brand-new, 100% full-turnkey house and land package offers you something buyers rarely get in today's market: Certainty! With a guaranteed fixed price, guaranteed build time, guaranteed full turnkey and a Grade A inclusion list, this opportunity delivers a safe and structured pathway into a ...

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House

VIC 3756


N/A, Seymour

$623,050

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Full Turnkey First Homes with Guaranteed Build Times

If you're serious about getting into your first home, there has never been a better moment than right now, and there might not be another window like this for years. With rents climbing, vacancy rates tightening, and good land disappearing fast, first home buyers who wait are the ones who lose. ...

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House

VIC 3660


140 Golf Links Dr, Beveridge

$660,000

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Modern Living in Prestigious Mandalay Estate

Positioned in the highly sought-after Mandalay Estate, this near-new home offers the perfect combination of style, comfort and future growth potential, featuring 4 bedrooms, 2 bathrooms and a double garage. This beautifully presented residence meaning all the hard work has already been done for ...

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House

VIC 3753


20 Melaleuca Bvd, Beveridge

$810,000

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Modern Contemporary North Facing light- filled home

Talk about best house in the street, this stunning home is opposite future parkland/reserve in a thriving Ooranya neighbourhood delivering an unrivalled family lifestyle of first-class quality and exceptional floor-plan and flexibility. Meticulously detailed and filled with natural light, the ...

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House

VIC 3753


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