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Mansfield
VIC, 3723

Thinking about buying in Mansfield? Now could not be a better time, with 562 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $730,000 with prices in this suburb ranging from $97,000 to $7,755,000. The aproximate distance to the coast is 137 Km.

Household Makeup

Median Weekly Rent $292.17
Median Monthly Mortgage $1651.50
Median Persons Per Bedroom 0.73
Average Household Size 2.50
Average Age 43.50
Average Income $826.33
Average Cars Per Dwelling 2.40
Average Properties Within 50M 5

Housing Stock

Average Property Prices

1 Bed  $418,000
2 Bed  $486,000
3 Bed  $776,000
4 Bed  $1,045,000
5 Bed  $1,834,000
6 Bed+$1,016,000

Mansfield Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Mansfield driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Mansfield due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Mansfield changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. 'Lower than average population density constrains growth in Mansfield to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Mansfield 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.

Houses for sale Mansfield

McGrath 13 MEADOW VIEW CT, MERRIJIG, VIC, 3723 Beds3 Bathrooms2 Parking 2 $895,000 - $950,000
McGrath 44 CHANGUE RD, MERRIJIG, VIC, 3723 Beds6 Bathrooms2 Parking 4 $995,000 - $1,090,000

Local Schools

Merrijig Primary School

(While the above schools are located with the suburb of Mansfield there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Mansfield 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
Jan2.910.119.037.578.55.426.6
Feb3.68.917.145.883.95.020.3
Mar3.46.513.854.992.55.416.5
Apr4.33.910.159.092.65.612.3
May5.10.55.567.695.16.68.0
Jun5.7-1.43.071.095.55.66.8
Jul6.1-2.61.282.097.85.46.3
Aug6.1-2.91.578.198.05.99.5
Sept4.2-0.85.363.896.65.314.2
Oct4.32.09.457.792.35.120.2
Nov4.24.212.053.990.4622.6
Dec3.66.915.443.183.95.626.8

source: Australian Government Bureau of Meteorology


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Nearby Suburbs

MerrijigSawmill SettlementMirimbahBarwiteHowqua HillsBooroliteDelatiteTolmieCheshunt SouthPiries


General Points of Interest

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