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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 971 investment properties found in Mitchell on realestateinvestar.com.au

24 Numbat Dr, Beveridge

$580,000

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PREMIUM NDIS & SDA INVESTMENT OPPORTUNITY

With above-market rental yields, enjoy a secure, government-backed income stream, while making a valuable contribution to the local community. Smart design, well-appointed, and wheelchair-friendly with quality finishes and abundant natural light, this four-bedroom, two-bathroom (three-toilet) home ...

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House

VIC 3753


8 Templemore Rd, Beveridge

$670,000

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An exquisite Modern Luxury!

Proudly Presented by Truewest Real Estate - 8 Templemore Road, Beveridge (Lyra Estate) Step into a home where quality, space, and modern design come together effortlessly. Positioned in the fast-growing Lyra Estate, this brand-new 4-bedroom residence offers a complete, move-in-ready lifestyle with ...

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House

VIC 3753


N/A, Beveridge

$799,800

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Hamilton Living 33 MK2 (25.3) - Lot 906 Lyra

Welcome home to the ...

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House

VIC 3753


5701 Mandalay, Beveridge

$629,200

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Ashbourne 19 (25.3) (4B) - Lot 5701 Mandalay

Build your dream home. The Ashbourne is expertly created for busy ...

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House

VIC 3753


Lot 309 Broadstead, Wheeler Dr, Kilmore

$669,220

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Craft your perfect home with a proven eight-time HIA award-winni

With Kingsbridge Homes, prepare to be impressed by our exceptional standard inclusions. Our homes come equipped with: Elegant 20mm edge stone benchtops in both the kitchen and bathrooms. Your choice of timber look laminate or tiled flooring to living areas High-quality 900mm European kitchen ...

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House

VIC 3764


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