MITCHELL PARK 5043
State: SAPosiProp AI Investment Summary
MITCHELL PARK (SA 5043) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.6% and has experienced a 12-month capital growth of Up 11.4%, with a median house buy price of $950,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$734,000
$908,200
$1,111,005
$950,000
Suburb Market Profile
Last month Mitchell Park had 12 properties available for rent and 14 properties for sale. Median property prices over the last year range from $950,000 for houses to $562,000 for units. If you are looking for an investment property, consider houses in Mitchell Park rent out for $660 PW with an annual rental yield of 3.6% and units rent for $510 PW with a rental yield of 4.0%. Mitchell Park has seen an annual compound growth rate of 11.4% for houses and 2.6% for units.