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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 $566,000 and this has changed 11.63% over the past year and changed 12.86% over 2 years.

The median rent in for houses is $390 per week and the median rental yield is 3.58%. Stock on the market for houses/townhouses has changed -28.57% compared to last year and the average time to sell a house/townhouse is NA days.The median listing price for units is $390,000 and this has changed 4.69% over the past year. The average unit takes NA days to sell and the median rent for a unit in Mitchell is $340 per week, producing a rental yield of 4.53%.

Supply & Demand in Mitchell

0.44%

Current vacancy rate


97

Rental stock available


40,910

Population


19.33%

Rental population


1.05%

Current vacancy rate


30,825

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 $566,000 $480,000 $390,000
Median price change - last quarter 3.33% 0.52% 2.63%
Median price change - 1 year 11.63% -0.73% 4.69%
Median price change - 2 years 12.86% NA 17.64%
  House Townhouses Units
Median weekly rent $390 $380 $340
Median yield % 3.58% 4.11% 4.53%
Median rent change - 1 year 2.63% 5.55% 7.93%
  House Units
Previous month sales 57 4
Stock on market previous month 630 12
Stock variance vs. last year -28.57% -52.00%
Average days on market NA NA

Mitchell investment property listings

Showing 5 of 401 investment properties found in Mitchell on realestateinvestar.com.au

262 Mandalay Cct, Beveridge

$720,000

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LOOKING FOR THE PERFECT FAMILY HOME THIS IS FOR YOU!!

Century 21 Caroline Springs are proud to present this elegant property located in the heart of Beveridge. Which is a perfect property for investors, and families. This elegant family home has an open plan design that attracts entertaining and easy living, connected with super-beneficial location ...

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House

VIC 3753


17 Black Duck Crossing Cct, Kilmore

$580,000

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AMAZING PROPERTY AT A DAMN LOW PRICE... Waiting for you to Call

A Display Home with a prime address in a highly sought-after location. This single-story 4 Bedroom home is just waiting for you to call it home in the quiet area of Kilmore. Well-presented for families to move in and enjoy immediately. A well-appointed Master Bedroom includes Walk-in wardrobe and ...

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House

VIC 3764


42 Wandong Ave, Wandong

$699,000

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A Hidden Gem

Wandong is a sought-after area with a great community spirit. It has the country feel and yet it's only about around an hour commute to Melbourne either by rail or the Hume Freeway, which is in close proximity. A pretty place with shops including an IGA and chemist, (skate) park, IB Davern Reserve ...

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House

VIC 3758


24-26 Church St, Kilmore

$849,000

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PRIME DEVELOPMENT BLOCK OF 2000 SQM - PLUS 5 BEDROOM HOME

It is not often that you have the opportunity to secure a very large block of over 2000 SQM and a five-bedroom home in the heart of a rapidly expanding town and yet here it is, being offered to the very astute buyer. Enjoy the space or develop, (STCA) whatever you decide, the choice is yours. With ...

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House

VIC 3764


29 Charles St, Wallan

$580,000

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PRICE REDUCED TO SELL

Located adjacent to the Newbridge community and within one of Australia's fastest growing areas, welcome to Newbridge! Offering a unique mix of lifestyle, affordability and location, this master-planned community has it all. The vibrant and upcoming town of Wallan is just a moment away with great ...

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VIC 3756


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