Mount Mitchell
NSW, 2365
-
Glen Innes Severn
Thinking about buying in Mount Mitchell? Now could not be a better time, with just 85 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $633,000 with prices in this suburb ranging from $131,000 to $790,000. The aproximate distance to the coast is 120 Km.
Household Makeup
| Median Weekly Rent | $210.00 |
| Median Monthly Mortgage | $1387.00 |
| Median Persons Per Bedroom | 0.70 |
| Average Household Size | 2.00 |
| Average Age | 50.00 |
| Average Income | $695.00 |
| Average Cars Per Dwelling | 2.49 |
| Average Properties Within 50M | 1 |
Housing Stock
Average Property Prices
| 1 Bed $130,000 |
| 2 Bed $430,000 |
| 3 Bed $419,000 |
| 4 Bed $669,000 |
| 5 Bed $406,000 |
Mount Mitchell Real Estate Market Outlook
In Mount Mitchell there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Mount Mitchell is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. Low average earnings from people in Mount Mitchell leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Mount Mitchell the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
Local Schools
None within suburb boundary
(While the above schools are located with the suburb of Mount Mitchell there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Mount Mitchell weather - Average Local Climate by month
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 3.1 | 17.7 | 30.8 | 37.6 | 86.6 | 3.1 | 25.0 |
| Feb | 3.0 | 16.4 | 29.5 | 38.0 | 88.6 | 2.8 | 23.2 |
| Mar | 3.1 | 15.6 | 28.6 | 36.6 | 88.3 | 2.7 | 18.4 |
| Apr | 1.6 | 11.3 | 23.9 | 38.9 | 88.4 | 2.6 | 16.4 |
| May | 1.3 | 7.1 | 19.5 | 42.2 | 91.8 | 2.3 | 12.8 |
| Jun | 1.5 | 5.4 | 16.9 | 44.4 | 92.4 | 2.4 | 10.8 |
| Jul | 1.6 | 3.4 | 15.9 | 39.6 | 92.5 | 2.4 | 12.2 |
| Aug | 1.4 | 4.2 | 18.1 | 31.9 | 86.1 | 2.6 | 14.9 |
| Sept | 1.8 | 7.4 | 20.4 | 36.9 | 88.3 | 2.8 | 18.3 |
| Oct | 2.9 | 11.1 | 24.4 | 34.9 | 87.4 | 2.8 | 22.0 |
| Nov | 2.8 | 13.9 | 27.8 | 32.2 | 81.6 | 3.0 | 26.0 |
| Dec | 4.2 | 15.2 | 27 | 44.6 | 91.4 | 2.8 | 24.6 |
source: Australian Government Bureau of Meteorology
Recently Sold Properties / House Prices
| 21-03-2024 | $287,000 | 545 AQUA PARK RD |
| 10-03-2023 | $770,000 | 470 AQUA PARK RD |
| 16-01-2023 | $539,555 | 66 SARA RIVER RD |
| 20-12-2022 | $335,000 | 737 AQUA PARK RD |
| 09-09-2022 | $370,000 | 448 AQUA PARK RD |
| 04-08-2022 | $543,000 | 510 AQUA PARK RD |
| 29-03-2022 | $4,125,000 | 911 COSTELLOS RD |
| 16-12-2021 | $457,000 | 157 WARRA FOREST RD |
| 16-11-2021 | $8,800,000 | 1674 MOUNT MITCHELL RD |
| 11-10-2021 | $750,000 | 486 AQUA PARK RD |
| 10-02-2021 | $260,000 | 737 AQUA PARK RD |
| 05-02-2021 | $339,000 | 66 SARA RIVER RD |
| 30-11-2020 | $335,000 | 123 WARRA FOREST RD |
| 18-09-2020 | $165,000 | 65 SARA RIVER RD |
| 22-01-2019 | $390,000 | 510 AQUA PARK RD |
| 24-09-2018 | $360,000 | 121 JERROCKIE RD |
| 07-09-2018 | $175,000 | 737 AQUA PARK RD |
| 05-04-2018 | $4,300,000 | 1057 MOUNT SLOW RD |
| 14-02-2018 | $385,000 | 470 AQUA PARK RD |
| 07-02-2018 | $1,200,000 | 749 COSTELLOS RD |
| 24-01-2018 | $825,000 | 1944 GLEN LEGH RD |
| 12-01-2018 | $330,000 | 189 WARRA FOREST RD |
| 08-11-2017 | $165,000 | 109 WARRA FOREST RD |
| 30-08-2017 | $117,500 | 30 SARA RIVER RD |
| 29-07-2016 | $108,500 | 157 WARRA FOREST |
| 12-02-2016 | $290,000 | 189 WARRA FOREST RD |
| 24-09-2015 | $384,000 | 488 AQUA PARK RD |
| 27-08-2015 | $645,000 | 486 AQUA PARK RD |
| 06-07-2015 | $189,000 | 37 SARA RIVER RD |
| 18-12-2014 | $1,600,000 | 545 MOUNT SLOW RD |
| 21-03-2014 | $370,000 | 788 AQUA PARK RD |
| 09-10-2013 | $190,000 | 123 WARRA FOREST RD |
| 02-05-2013 | $62,000 | 65 SARA RIVER RD |
| 21-02-2013 | $85,000 | 593 SARA RIVER RD |
| 09-03-2012 | $1,950,000 | 1887 MOUNT MITCHELL RD |
| 30-09-2011 | $4,400 | 2376 MOUNT MITCHELL RD |
| 21-04-2010 | $125,000 | 30 SARA RIVER RD |
| 22-03-2010 | $155,000 | 658 AQUA PARK RD |
| 30-07-2009 | $180,000 | 121 JERROCKIE RD |
| 25-01-2008 | $85,000 | 448 AQUA PARK RD |
| 21-02-2007 | $72,000 | 593 SARA RIVER RD |
Internet Speed
Download 25 Mbps / Upload 5 MbpsNearby Suburbs
Public Transport
Glen Innes - Greater then 10KM
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