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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 1 of 1 investment properties found in Mitchell on realestateinvestar.com.au

9 Zenith Rd, Beveridge

$859,000

property pic

LARGE FAMILY SANCTUARY NESTLED ON A RARE 746SQM

Clever house design with drive-through side access and plenty of natural light, this exceptionally spacious four-bedder is sure to catch your eye. Rare quality and style and occupying an impressive 746sqm with lush garden surrounds, the supersized family sanctuary creates an inviting atmosphere ...

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House

VIC 3753


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