Investment Property Mitchell, Victoria

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 $507,000 and this has changed 1.09% over the past year and changed 3.15% over 2 years.

The median rent in for houses is $380 per week and the median rental yield is 3.89%. Stock on the market for houses/townhouses has changed -14.70% compared to last year and the average time to sell a house/townhouse is NA days.The median listing price for units is $372,500 and this has changed 12.36% over the past year. The average unit takes NA days to sell and the median rent for a unit in Mitchell is $315 per week, producing a rental yield of 4.39%.

Supply & Demand in Mitchell

Current vacancy rate

Rental stock available

Population

Rental population

0.47%

Current vacancy rate

Rental stock available

40,910

Population

19.33%

Rental population

1.61%

Current vacancy rate

46,325

Rental stock available

5,926,624

Population

24.77%

Rental population

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Statistical data for Mitchell

	House	Townhouses	Units
Median listing price	$507,000	$483,500	$372,500
Median price change - last quarter	0.99%	3.20%	4.22%
Median price change - 1 year	1.09%	NA	12.36%
Median price change -2 years	3.15%	-2.82%	9.55%

	House	Townhouses	Units
Median weekly rent	$380	$360	$315
Median yield %	3.89%	3.87%	4.39%
Median rent change - 1 year	7.04%	4.34%	5.00%

	House	Units
Previous month sales	62	10
Stock on market previous month	882	25
Stock variance vs. last year	-14.70%	-34.21%
Average days on market	NA	NA

Mitchell investment property listings

Showing 5 of 639 investment properties found in Mitchell on realestateinvestar.com.au

235 Ayre St, Beveridge

$584,194

House and Land Package - The Marsden

When you build with Burbank, you build with a team who has over 30 years' experience in delivering quality homes for Australians. You also build with peace-of-mind, receiving a 30 year structural guarantee plus a 15 month maintenance period. So, build with confidence. Build with us! *Copyright ...

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