Property Market Outlook for Mitchel Shire, VIC

Mitchell Shire is located in central Victoria, about 30-90 kilometres north of the Melbourne CBD and is one of the fastest growing regional municipalities in Victoria.

The city had a population of 46,082 as of 2019 and is expected to reach 270,000 in the next 25-30 years. Most growth is expected in the southern townships of Beveridge, Kilmore, Kilmore East and Wallan.

18,407 people living in Mitchell Shire in 2016 were employed, of which 62% worked full-time and 36% part-time.

More Mitchell Shire residents worked in construction than any other industry in 2016 and features a large portion of technicians and trades workers.

In Mitchell Shire there were 452 residential buildings approved to be built in the financial year 2019-20 Feb FYTD.