Mitchell, located in the Bathurst Regional area of New South Wales, offers a distinct blend of rural charm and growing suburban amenities, making it an intriguing option for homebuyers. The housing market in Mitchell has been experiencing a steady interest due to its affordable property prices compared to metropolitan areas. Traditionally characterized by single-family homes with sizeable yards, the neighborhood appeals particularly to young families and retirees seeking quiet lifestyles. Recent years have seen a modest increase in property values, driven by regional development and an improved local economy. As demand continues to grow, opportunities for investment in Mitchell's real estate remain promising albeit competitive.
Living in Mitchell offers residents a serene countryside environment while still providing access to essential amenities. The area boasts a strong sense of community where neighbors often engage in local events and communal activities. Bathurst, a short drive from Mitchell, enhances the area's livability with its range of shopping facilities, educational institutions, and medical services. Outdoor enthusiasts enjoy the proximity to natural landscapes perfect for hiking and picnicking. Despite its tranquility, the region is not isolated, with reasonable transport links making commutes to larger cities feasible. Overall, Mitchell provides a balanced lifestyle with its peaceful rural atmosphere and the convenience of nearby urban comforts.
Median Weekly Rent | $306.60 |
Median Monthly Mortgage | $1645.00 |
Median Persons Per bed houseroom | 0.74 |
Average Household Size | 2.20 |
Average Age | 38.00 |
Average Income | $769.40 |
Average Cars Per Dwelling | 1.61 |
Average Properties Within 50M | 25 |
Typical 1 bed house | $246,000 |
Typical 2 bed house | $483,000 |
Typical 3 bed house | $401,000 |
Typical 4 bed house | |
Typical 5 bed house | $923,000 |
Housing Stock
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Thinking about buying in Mitchell? Now could not be a better time, with just 271 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $463,000 with prices in this suburb ranging from $69,000 to $1,000,000. The aproximate distance to the coast is 151 Km.
In Mitchell there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Mitchell due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Mitchell changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Mitchell to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Mitchell the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
Instant Property ValuationSkillset Senior College
Carenne School
Bathurst South Public School
St Philomena's Catholic Primary School
St Stanislaus' College
Bathurst West Public School
Bathurst Public School
The Assumption Catholic Primary School
Cathedral Catholic Primary School
Denison College of Secondary Education
Bathurst High Campus
(While the above schools are located with the suburb of Mitchell there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 0.5 | 15.1 | 30.6 | 30.1 | 85.9 | 5.4 | 26.3 |
Feb | 0.8 | 15.0 | 29.3 | 34.2 | 87.0 | 5.1 | 23.3 |
Mar | 0.4 | 13.5 | 26.8 | 38.0 | 89.4 | 5.0 | 19.0 |
Apr | 1.0 | 10.3 | 23.8 | 40.5 | 92.6 | 4.1 | 14.5 |
May | 1.4 | 7.9 | 19.3 | 49.2 | 94.9 | 3.8 | 10.9 |
Jun | 2.1 | 6.2 | 16.3 | 56.1 | 96.6 | 3.8 | 8.9 |
Jul | 2.3 | 5.5 | 15.6 | 61.6 | 98.5 | 4.2 | 9.6 |
Aug | 1.5 | 4.8 | 16.6 | 58.6 | 99.2 | 3.9 | 12.4 |
Sept | 1.3 | 6.7 | 20.1 | 50.3 | 98.7 | 4.5 | 16.9 |
Oct | 0.7 | 7.8 | 24.3 | 36.6 | 95.0 | 4.5 | 21.9 |
Nov | 0.5 | 10.1 | 26.5 | 30.8 | 92.6 | 5.0 | 24.0 |
Dec | 0.5 | 12.6 | 28.8 | 29.4 | 88.4 | 5.0 | 27.5 |
source: Australian Government Bureau of Meteorology
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