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Mitchell Park
VIC, 3355 - Ballarat

Thinking about buying in Mitchell Park? Now could not be a better time, with 644 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $517,000 with prices in this suburb ranging from $335,000 to $1,932,000. The aproximate distance to the coast is 79 Km.

Household Makeup

Median Weekly Rent $303.64
Median Monthly Mortgage $1554.64
Median Persons Per Bedroom 0.77
Average Household Size 2.82
Average Age 36.73
Average Income $770.09
Average Cars Per Dwelling 2.22
Average Properties Within 50M 8

Housing Stock

Average Property Prices

1 Bed  $357,000
2 Bed  $409,000
3 Bed  $525,000
4 Bed  $647,000
5 Bed  $925,000

Mitchell Park Real Estate Market Outlook

In Mitchell Park 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 Park 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 Park 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. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Mitchell Park 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.

Houses for sale Mitchell Park

PRD 128 HOPETOUN RD, MITCHELL PARK, VIC, 3355 Beds4 Bathrooms4 Parking 6 $1,499,000 - $1,599,000
PRD 8 WALTHAM DR, MITCHELL PARK, VIC, 3355 Beds3 Bathrooms1 Parking 2 $415,000

Local Schools

Yuille Park P-8 Community College

Our Lady Help of Christians School

Ballarat Secondary College

Forest Street Primary School

Miners Rest Primary School

(While the above schools are located with the suburb of Mitchell Park there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Mitchell Park weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan1.311.827.429.591.95.825.9
Feb1.412.226.135.593.95.821.7
Mar1.110.623.438.195.25.516.8
Apr1.57.818.649.596.94.812.3
May1.85.414.163.597.95.08.7
Jun1.93.611.274.099.04.97.2
Jul2.13.410.574.398.95.77.5
Aug1.93.311.665.198.45.610.4
Sept2.24.614.358.197.15.614.4
Oct1.66.518.149.696.45.419.8
Nov1.68.320.844.796.55.322.6
Dec1.310.324.633.793.85.625.5

source: Australian Government Bureau of Meteorology


Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

Miners RestWendoureeCardiganLucasLake GardensMount RowanAlfredtonWindermereCardigan VillageLake Wendouree

Public Transport


General Points of Interest

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