MITCHELL PARK 3355
State: VICPosiProp AI Investment Summary
MITCHELL PARK (VIC 3355) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 4.2% and has experienced a 12-month capital growth of Up 13.6%, with a median house buy price of $500,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$410,000
$495,000
$522,500
$500,000
Suburb Market Profile
Last month Mitchell Park had 1 property available for rent and 3 properties for sale. Median property prices over the last year range from $500,000 for houses to $555,000 for units. If you are looking for an investment property, consider houses in Mitchell Park rent out for $430 PW with an annual rental yield of 4.2% and units rent for $450 PW with a rental yield of 4.1%. Mitchell Park has seen an annual compound growth rate of 13.6% for houses and 13.3% for units.
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