2. VIC
  3. Ballarat

Mitchell Park VIC 3355

Houses Units

Here you can find what you need to know about Mitchell Park, 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

$450K Median Sale Price (National Average $485k) 647th In VIC
-7.69% Median Sale Price Change (1yr) (National Average 4.30%) 2651st In VIC

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.

Mitchell Park, 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.

Mitchell Park, 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.

Mitchell Park, 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 Mitchell Park


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State Auction Clearance Rates


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Local Schools


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Suburb Information

Mitchell Park, VIC 3355

Part of: Ballarat Council No data available

The size of Mitchell Park is approximately 19.6 square kilometres. It has 4 parks covering nearly 0.9% of total area. The population of Mitchell Park in 2011 was 752 people. By 2016 the population was 875 showing a population growth of 16.4% in the area during that time. The predominant age group in Mitchell Park is 20-29 years. Households in Mitchell Park are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mitchell Park work in a trades occupation. In 2011, 76.9% of the homes in Mitchell Park were owner-occupied compared with 70.6% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Mitchell Park

Demographic data provided
by Australian Bureau of Statistics

Market Trends for Mitchell Park   for Houses in last 12 months


There have been 11 Houses sold in Mitchell Park in the past 12 months with a median sale price of $450K, down 7.7% annually. It takes on average 28 days to sell with vendor discounting of -5.4%.

Others also viewed

Suburb Median Sale Price Change (1yr) Median Sale Price Median Rent Median Gross Yield
Mitchell Park SA, 5043 13.28% $725,000 $550pw 3.9% View Suburb Profile
Canton Beach NSW, 2263 -5.35% $840,000 $435pw 2.7% View Suburb Profile
Alice River QLD, 4817 7.20% $707,500 $630pw 4.6% View Suburb Profile
Hawker ACT, 2614 2.01% $1,245,000 $660pw 2.8% View Suburb Profile
Mont Albert North VIC, 3129 -1.51% $1,699,000 $650pw 2.0% View Suburb Profile
Mitchell QLD, 4465 -13.46% $112,500 Unavailable Unavailable View Suburb Profile

Currency

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