Mitchell Shire, VIC

Mitchell Shire is a local government district in Victoria’s Hume region, north of Melbourne. Broadford, Kilmore, Seymour, Tallarook, Pyalong, and Wallan are all included in this municipality. It was created in 1994 by the merger of the Shires of Pyalong and Kilmore, the majority of the Shire of Broadford, and portions of the Shires of McIvor and Seymour.

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The Mitchell Shire Council governs and administers the Shire; its seat of local government and administrative centre is situated at the council offices in Broadford; the council also has service centres in Kilmore, Seymour, and Wallan. The Shire is named after Major Thomas Mitchell, an early British surveyor and explorer who surveyed the south-eastern section of Australia and returned via the present-day LGA on his third trip.

It is one of Victoria’s fastest growing regional municipalities.

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Capital Growth Heatmap

Property Market Snapshot

This page provides an overview of the LGA real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this council area. You are able to drill down to suburb-level data and charts which visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy

2BR

3BR

4BR

5BR

Typical Price for houses in this council area. Percent changes indicate Year on Year growth or decline in house values. Council area house prices are calculated by averaging Typical Price of all suburbs within the area. Typical Price is a more accurate metric than Median Price.

Rent

2BR

3BR

4BR

5BR

Median Weekly Rent for houses in this council area. Percent changes indicate Year on Year growth or decline in rental prices. Calculated via median value formula applied to rental prices from online listings.

Yield

2BR

3BR

4BR

5BR

Yearly Gross Yield for houses in this council area. Calculated by multiplying the Median Rent by 52 and dividing the resulting value by Typical Price. Percent changes indicate Year on Year growth or decline in Gross Yield for houses.

Buy

1BR

2BR

3BR

Typical Price for units in this council area. Percent changes indicate Year on Year growth or decline in unit values. Council area house prices are calculated by averaging Typical Price of all suburbs within the area. Typical Price is a more accurate metric than Median Price.

Rent

1BR

2BR

3BR

Median Weekly Rent for units in this council area. Percent changes indicate Year on Year growth or decline in rental prices. Calculated via median value formula applied to rental prices from online listings.

Yield

1BR

2BR

3BR

Yearly Gross Yield for units in this council area. Calculated by multiplying the Median Rent by 52 and dividing the resulting value by Typical Price. Percent changes indicate Year on Year growth or decline in Gross Yield for units.

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Upgrade to Personal Plan to see Yield data.
Upgrade to Starter Plan to see Demand Profile data.
Upgrade to Professional Plan to see Buy & Rent Search Index data.

How to use this Dashboard

This interactive dashboard illustrates the trends for key real estate metrics in the area. Use these metrics to determine potential return on investment from this property market and its’ sub-markets.

Upgrade to Personal Plan to unlock the trend forecast section on the Price, Rent & Yield graphs.

Get the Professional Subscription to see trends for advanced metrics such as Buy & Rent Search Index that indicate real estate demand and supply in this LGA.

Upgrade to Professional Plan to see Growth Rate Cycle data.

Property Market in Mitchell Shire, VIC

What other property markets are there near Mitchell Shire, VIC?

Mitchell Shire is surrounded by 6 other council areas – Murrindindi, Strathbogie, Hume, Greater Bendigo, Mount Alexander, Whittlesea.

Suburbs/localities in this Local Government Area: Glenaroua 3764, Glenhope 3444, Glenhope East 3522, Heathcote Junction 3758, Heathcote South 3523, High Camp 3764, Highlands 3660, Hilldene 3660, Kilmore 3764, Kilmore East 3764, Mia Mia 3444, Moranding 3764, Northwood 3660, Nulla Vale 3435, Puckapunyal 3662, Pyalong 3521, Seymour 3660, Beveridge 3753, Sugarloaf Creek 3658, Sunday Creek 3658, Tallarook 3659, Tarcombe 3666, Tooborac 3522, Trawool 3660, Tyaak 3658, Upper Plenty 3756, Wallan 3756, Wandong 3758, Waterford Park 3658, Whiteheads Creek 3660, Willowmavin 3764, Reedy Creek 3658, Broadford 3658, Bylands 3762, Clonbinane 3658, Avenel 3664, Flowerdale 3717, Forbes 3764

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