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 4.0% and has experienced a 12-month capital growth of Up 12.5%, with a median house buy price of $495,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$380,000
$495,000
$500,000
$495,000
Suburb Market Profile
Last month Mitchell Park had 1 property available for rent and 6 properties for sale. Median property prices over the last year range from $495,000 for houses to $507,500 for units. If you are looking for an investment property, consider houses in Mitchell Park rent out for $410 PW with an annual rental yield of 4.0% and units rent for $430 PW with a rental yield of 4.1%. Mitchell Park has seen an annual compound growth rate of 12.5% for houses.