Mitchell
VIC, 3435
Thinking about buying in Mitchell? Now could not be a better time, with just 114 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,259,000 with prices in this suburb ranging from $475,000 to $3,861,000. The aproximate distance to the coast is 66 Km.
Household Makeup
| Median Weekly Rent | $485.00 |
| Median Monthly Mortgage | $2058.00 |
| Median Persons Per Bedroom | 0.80 |
| Average Household Size | 3.00 |
| Average Age | 47.00 |
| Average Income | $806.00 |
| Average Cars Per Dwelling | 2.44 |
| Average Properties Within 50M | 5 |
Housing Stock
Average Property Prices
| 1 Bed $474,000 |
| 2 Bed $1,384,000 |
| 3 Bed $1,066,000 |
| 4 Bed $946,000 |
| 5 Bed $2,854,000 |
| 6 Bed+$1,215,000 |
Mitchell Real Estate Market Outlook
Consistent high demand relative to supply is a key feature in Mitchell driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Mitchell are above average indicating a preference for good quality housing and lifestyle. That ensures consistent 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. 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 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
|
285 malones rd, nulla vale, vic, 3435 |  2 |
 1 |
Under Offer |
Local Schools
(While the above schools are located with the suburb of Mitchell there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Mitchell 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 | |
|---|---|---|---|---|---|---|---|
| Feb | 0.2 | 13.4 | 27.9 | 30.9 | 80.8 | 5 | 22.6 |
| Mar | 1.4 | 12.2 | 24.7 | 37.9 | 84.4 | 4.4 | 17.0 |
| Apr | 1.7 | 9.3 | 20.4 | 44.6 | 87.1 | 3.4 | 12.0 |
| May | 2.2 | 6.9 | 15.4 | 58.8 | 93.5 | 3.2 | 8.6 |
| Jun | 2.5 | 5.5 | 12.9 | 67.4 | 96.0 | 2.9 | 7.5 |
| Jul | 1.9 | 4.7 | 12.1 | 68.9 | 96.3 | 3.2 | 7.8 |
| Aug | 1.5 | 4.5 | 13.4 | 58.5 | 95.0 | 3.2 | 10.8 |
| Oct | 1.6 | 8.6 | 20.4 | 46.2 | 86.7 | 4.4 | 19.0 |
| Nov | 0.9 | 12 | 25.2 | 36.4 | 83.9 | 4.2 | 24.2 |
| Dec | 0.0 | 11.6 | 27 | 27.6 | 81.2 | 5.4 | 26.6 |
| Jan | 1.7 | 14.2 | 29.8 | 29.7 | 82.6 | 5.5 | 24.7 |
source: Australian Government Bureau of Meteorology
Internet Speed
Nearby Suburbs
Public Transport
Broadford - Greater then 10KM
Clarkefield - Greater then 10KM
Riddells Creek - Greater then 10KM
Tallarook - Greater then 10KM
Kyneton - Greater then 10KM
Wandong - Greater then 10KM
Woodend - Greater then 10KM
Wallan - Greater then 10KM
Heathcote Junction - Greater then 10KM
Kilmore East - Greater then 10KM
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