2. VIC
  3. South Gippsland

Mirboo North VIC 3871

Houses Units

Here you can find what you need to know about Mirboo North, VIC, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$545K Median Sale Price (National Average $485k) 583rd In VIC
-6.03% Median Sale Price Change (1yr) (National Average 4.30%) 2597th In VIC
$375pw Median Rent (National Average $395) 586th In VIC
3.6% Median Gross Yield (National Average 4.24%) 232nd In VIC
Properties sold 22
Average discounting -7.51%
Average Days on Market 93
Stock on Market 15 for sale

Investment Strategy Scores

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Mirboo North, VIC National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Mirboo North, VIC National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Mirboo North, VIC National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Property Prices in Mirboo North


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State Auction Clearance Rates


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Local Schools


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Suburb Information

Mirboo North, VIC 3871

Part of: South Gippsland Council No data available

The size of Mirboo North is approximately 96.6 square kilometres. It has 2 parks covering nearly 8% of total area. The population of Mirboo North in 2011 was 2,296 people. By 2016 the population was 2,218 showing a population decline of 3.4% in the area during that time. The predominant age group in Mirboo North is 60-69 years. Households in Mirboo North are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mirboo North work in a professional occupation. In 2011, 83.7% of the homes in Mirboo North were owner-occupied compared with 81.2% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Mirboo North

Demographic data provided
by Australian Bureau of Statistics

Market Trends for Mirboo North   for Houses in last 12 months


There have been 22 Houses sold in Mirboo North in the past 12 months with a median sale price of $545K, down 6.0% annually. It takes on average 82 days to sell with vendor discounting of -7.5%.

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