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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 4 of 4 investment properties found in Mitchell on realestateinvestar.com.au

N/A, Beveridge

$505,090

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Spectacular and Spacious Home & Land Package in Sought-After Bev

Only Serious Buyers & First in Best Dressed! Welcome to your dream home! Located in a sought-after neighborhood, this stunning house has everything you're looking for and more. Boasting 3 spacious bedrooms, 2 modern bathrooms, and an ensuite for added convenience, this property is perfect for ...

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House

VIC 3753


Lot 60546 Fungi Walk, Beveridge

$529,900

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Affordable Townhouse in a Great Location!

A blend of modern architectural elements and smart building materials defines the Octave 18 as an exceptional place to call home. This spacious three-bedroom layout includes a luxurious master bedroom with a walk-in robe and ensuite, while the additional bedrooms are conveniently located nearby. ...

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Townhouse

VIC 3753


45 DAFFODIL Cres, Wallan

$949,000

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Spacious Luxury Living with potential Scope to Build Another Dwe

Showcasing modern contemporary design and a thoughtfully crafted layout, this impressive family home delivers the perfect blend of style, comfort, and functionality. From the moment you arrive, the striking façade sets the tone for the quality and sophistication found throughout. Step inside to ...

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House

VIC 3756


21 Violet La, Broadford

$675,000

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Great Investment or First Home

Neat family home offering 4 bedrooms, 2 bathrooms, lounge and open plan kitchen/meals/family area. Features include the gas ducted heating and ducted evaporative cooling. There is access into the house from the double garage plus a generous back yard with concreted side entertaining area. ...

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House

VIC 3658


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