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

14 Burges La, Broadford

$550,000

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A great first start or a place to settle

Beautifully updated and ready to move straight in, this solid 3-bedroom brick veneer home offers comfort, space and modern convenience on a generous 810 sqm (approx.). The main bedroom features a private ensuite and walk-in robe, while the remaining bedrooms include built-in robes. A large lounge ...

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VIC 3658


11 Redbank Rd, Seymour

$399,000

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Smart Buying on Redbank! Fresh, Spacious & Full of Potential

Set high in one of Seymour's most preferred pockets, this solid 4-bedroom home sits proudly on a generous 636sqm block, offering instant comfort with endless scope to add value. Recently refreshed with new paint and carpets, the home feels light, bright and ready for its next chapter. Whether ...

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VIC 3660


1/129 Hamilton St, Kilmore

$530,000

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Modern, Low-Maintenance Living in a Convenient Kilmore Location

Immaculately presented and filled with natural light, this near-new home delivers the perfect blend of comfort, style and low-maintenance living ideal for first-home buyers, savvy investors and those looking to downsize without compromise. Set on an easy-care 411m² (approx.) block, the home offers ...

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House

VIC 3764


6 Medallion Ave, Beveridge

$430,000

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Modern, Low-Maintenance Home In The Highly Sought-After Mandalay

Welcome to 6 Medallion Avenue - a modern, low-maintenance home in the highly sought-after Mandalay Estate, ideal for first-home buyers, downsizers, or investors. Built in 2016, this stylish 3-bedroom residence features a master with ensuite, two contemporary bathrooms, and a light-filled open-plan ...

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VIC 3753


249 Michelstown Rd, Beveridge

$605,000

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Lock in Your Dream Home today! Lets Talk

A delightful home for the whole family to enjoy. The Harvey is the perfect blend of stylish design and thoughtful use of space. Positioned at the front of the home, the master bedroom features a large walk-in robe and ensuite with a double shower and provides optimal privacy for a secluded ...

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VIC 3753


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