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Suburb Insights ยท VIC 3608

Mitchellstown 3608, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Mitchellstown is a regional centre in Victoria, Australia, with a population of approximately 71, making it a boutique locality. Located approximately 109 km from the Melbourne CBD, Mitchellstown is a regional area in Victoria. The median household income is $97,448 AUD per year (ABS 2021 Census).

Investment Score

42 / 100 Moderate

Above-average earnings in Mitchellstown support sustained property values. As a regional location, growth prospects depend on local economic conditions and infrastructure investment.

Location

Map shows Mitchellstown, Victoria, Australia.

Key Indicators

Postcode
3608

Official Australia Post postcode for Mitchellstown. A postcode may cover multiple suburbs.

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Population
71

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$120/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

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Median Household Income
$97,448/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
109 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb based on ABS 2021 data.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$1,660/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
65% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

As a regional centre, Mitchellstown serves a wide catchment area. Regional property can offer higher rental yields than metro equivalents, though investors should assess local employment diversity and infrastructure plans. The median rent of $120/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,660/month. The median household income of $97,448/year reflects a solid demographic, supporting sustainable rental demand.

Investment Strategy

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Buy & Hold

Mitchellstown offers moderate buy-and-hold potential โ€” look for properties with value-add opportunities.

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Rental Yield

Achieving strong cash flow in Mitchellstown is challenging at current rent-to-price ratios.

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Renovation / Flip

The resale market in Mitchellstown may not support quick-turnaround renovation projects.

Risk Factors

Run the numbers on a Mitchellstown property

Full Property Analysis

30-year projections for Mitchellstown

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Mitchellstown faces a cautious growth outlook for 2026 โ€” investors should focus on yield rather than short-term gains. Rental demand may be softer โ€” budgeting for vacancy periods is prudent in Mitchellstown's 2026 outlook. Mitchellstown is not a headline market, but contrarian investors may see long-term potential.

Frequently Asked Questions

Is Mitchellstown a good suburb for investment?

Mitchellstown is a regional area in Victoria with a population of 71. The median rent is $120/week and the median household income is $97,448/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Mitchellstown?

Key demand drivers in Mitchellstown include regional employment hubs, lifestyle, and affordability. 65% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Mitchellstown?

According to the ABS 2021 Census, Mitchellstown has a population of approximately 71. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Mitchellstown from the Melbourne CBD?

Mitchellstown is approximately 109 km straight-line distance from the Melbourne CBD (calculated from ABS 2021 suburb centroid coordinates). As a regional or remote location, travel to the capital is significant โ€” local amenities and employment are important investment considerations.

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