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Mitchell Shire

Population

49,460

Mitchell Shire is a Local Government Area in Australia comprising 33 suburbs with a population of 49,460 residents. For property investors analysing Mitchell Shire capital growth potential, this council area ranks in the top 19% of Australian LGAs for investment opportunity based on our proprietary scoring algorithm.

The current median house price in Mitchell Shire is approximately $620K, making it accessible for investors seeking balanced growth and yield. Mitchell Shire property investment fundamentals show strong signals, supported by positive population growth trends and healthy employment diversity across industries. This positions Mitchell Shire as one of the best council areas to invest in for Australian property investors seeking long-term capital appreciation.

Growth Performance Prediction

Top 19% of areas

Since 2015, the Picki High Performance Growth algorithm has been selecting the best places to invest across Australia. Over that time it has been responsible for selecting over 400 million dollars worth of properties for property investors and has generated 110% higher capital growth when compared to the average.

Overall Growth Potential

81%Excellent

Outperforms 81% of all LGAs

Key Market Indicators

Good Population Forecasts

Population Score

5/5

High Opportunity

Opportunity Score

5/5

Good Employment Health

Employment Score

4/5

Investment Outlook

This area shows strong growth potential with excellent indicators across key market factors, suggesting favourable conditions for property investment.

Em

Employment Diveristy

Public Administration and Safety - 15.00%

Health Care and Social Assistance - 12.00%

Education and Training - 11.00%

Retail Trade - 10.00%

Others - 52.00%

Commute Time

78mins

40kms

Common Transport Methods
car75%
train3%
walk3%
Income Growth

Average Income

33 Suburbs in Mitchell Shire

Ordered by Best Projected Short Term Growth (Green = Buying window)

Trend Indicators:

Price/yield increasing compared to previous period
Price/yield decreasing compared to previous period
Suburb Name
Asking Price
Yield
Heathcote Junction
$870.0k
4.56%
Kilmore East
$650.0k
1.37%
Tallarook
$863.0k
2.31%
Heathcote South
$415.0k
9.63%
Seymour (Vic.)
$525.0k
5.87%
Glenhope
$675.0k
6.50%
Wandong
$1.1m
2.73%
Hilldene
$850.0k
7.65%
Pyalong
$720.0k
8.04%
Sugarloaf Creek
$1.1m
3.94%
Sunday Creek
$995.0k
2.22%
Tooborac
$2.0m
3.39%
Beveridge
$649.0k
3.71%
Waterford Park
$715.0k
2.63%
Bylands
$2.3m
0.98%
Willowmavin
$785.0k
5.72%
Glenaroua
$960.0k
4.34%
Broadford
$649.0k
4.05%
High Camp
-
1.89%
Upper Plenty
$1.4m
2.41%
Trawool
$900.0k
2.85%
Clonbinane
$950.0k
6.35%
Wallan
$640.0k
4.06%
Kilmore
$700.0k
4.37%
Whiteheads Creek
$995.0k
3.58%
Tyaak
$595.0k
0%
Moranding
$2.9m
0%
Nulla Vale
$2.1m
0%
Glenhope East
$885.0k
0%

Mitchell Shire Property Investment FAQs

Is Mitchell Shire a good area for property investment in 2026?

Mitchell Shire ranks in the top 19% of all Australian Local Government Areas for property investment potential. This places Mitchell Shire among the best LGAs in Australia for capital growth, with strong fundamentals including population growth, employment diversity, and infrastructure development. Property investors looking for long-term appreciation should consider Mitchell Shire as a priority market.

What is the median house price in Mitchell Shire?

The current median house price across Mitchell Shire is approximately $620K. This median price reflects sales data from properties across all 33 suburbs within the Local Government Area. This price range positions Mitchell Shire as a mid-market investment destination, balancing capital growth potential with reasonable entry costs for property investors.

What are the best suburbs to invest in Mitchell Shire?

Mitchell Shire contains 33 suburbs, each with unique investment characteristics and suburb scores. The best suburbs for investment within Mitchell Shire depend on your investment strategy - whether you're seeking capital growth, rental yield, or a balanced approach. Use our suburb analysis tools to compare all 33 suburbs in Mitchell Shire ranked by our proprietary suburb score, which factors in price growth trends, rental yields, vacancy rates, and demographic indicators.

What is the capital growth outlook for Mitchell Shire?

Mitchell Shire's capital growth outlook is positive based on current market indicators. Key drivers supporting capital growth in Mitchell Shire include strong population growth, diverse employment opportunities, and infrastructure investment. These fundamentals suggest continued property value appreciation in the medium to long term.

What is the population of Mitchell Shire?

Mitchell Shire has a population of approximately 49,460 residents across its 33 suburbs. Population growth is a key indicator for property investment as it drives housing demand. Mitchell Shire's population metrics contribute positively to its investment score, indicating growing demand for housing in the area.

How many suburbs are in Mitchell Shire council area?

Mitchell Shire Local Government Area contains 33 suburbs. Each suburb has its own property market dynamics, median prices, and investment potential. When investing in Mitchell Shire, it's important to analyse individual suburbs rather than relying solely on LGA-level data. Our platform provides detailed suburb scores and analytics for all 33 suburbs to help you identify the best investment opportunities within Mitchell Shire.

Disclaimer

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