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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 2 of 2 investment properties found in Mitchell on realestateinvestar.com.au

95 North Mountain Rd, Heathcote Junction

$1,500,000

property pic

Stunning Acreage Retreat with Country Charm and Modern Elegance.

Inspection by Appointment Only! Contact Agent We are thrilled to present this breathtaking property set on just over an acre of scenic land in the charming town of Heathcote Junction, an easy hour's drive or direct train ride to the heart of the CBD. In addition to a delightful two-bedroom ...

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9

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6

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4

House

VIC 3758


2A Vallence Ct, Wallan

$0

property pic

An Ideal Blend of Privacy, Convenience and Low-Maintenance Livin

Positioned in a quiet court location, 2A Vallence Court, Wallan offers an exceptional opportunity to secure a modern, low-maintenance home on its own title, perfectly suited to first-home buyers, downsizers, or investors. Designed for easy living, this well-presented residence combines comfort, ...

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2

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1

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2

Unit

VIC 3756


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