Mansfield Shire, VIC

The Mansfield Shire is a local government area in Victoria’s Hume region, in the state’s northeast corner. The property market is considered to be a rural market. The real estate is dominated by the sale of farms and agricultural land. There is a limited supply of residential properties in the market, which has resulted in strong demand from buyers.

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The Mansfield Shire, Victoria property economy is based on agriculture, forestry, and tourism.

Managers account for 18.1 % of employment in Mansfield, followed by technicians and trades workers at 16.9 %, professionals at 15.2 %, laborers at 12.5 %, and community and personal service workers at 10.9 %. In Mansfield, the typical weekly personal income for persons aged 15 and over is $580.

The typical real estate in Mansfield Shire, Victoria is a detached house on a large lot. The houses are typically older and have a lot of character. There are a lot of parks and green spaces in the area, and it is a popular place to live for families. In Mansfield, 96.1 % of occupied private residences are detached houses, 1.5 % are semi-detached, row or terrace houses, townhouses, or other dwellings, 0.5 % are flats or apartments, and 1.1 % are other dwellings.

If you’re looking to invest in property in the Mansfield Shire, there are a few things you need to bear in mind.

The first is that the market here is relatively affordable, so you can get more for your money than in some of the state’s more expensive areas. However, it’s still important to do your research and be aware of the potential risks involved in any investment.

Overall, the Mansfield Shire is a great area to invest in property, and with a bit of research and careful planning, you can make a healthy return on your investment.

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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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Yield chart
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Demand chart
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unit to houses pie charts
Renters to owners pie chart
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IRSAD chart
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Index chart
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GRC chart

Confidence: High, Medium, Low

Supply

Stock on Market

Inventory

Hold Period

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SOM chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

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DOM chart
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Inventory chart
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Auction chart

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Property Market in Mansfield Shire, VIC

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

Mansfield Shire is surrounded by 7 other council areas – Wellington, Wangaratta, Baw Baw, Yarra Ranges, Benalla, Murrindindi, Strathbogie.

Suburbs/localities in this Local Government Area: Goughs Bay 3723, Howes Creek 3723, Howqua 3723, Howqua Hills 3723, Howqua Inlet 3723, Jamieson 3723, Kanumbra 3719, Kevington 3723, Barjarg 3723, Lake Eildon 3713, Lima South 3673, Macs Cove 3723, Maindample 3723, Barwite 3722, Mansfield 3722, Merton 3715, Mirimbah 3722, Mount Buller 3723, Mountain Bay 3723, Piries 3723, Sawmill Settlement 3723, Tolmie 3723, Bonnie Doon 3720, Woodfield 3715, Knockwood 3723, Gaffneys Creek 3723, Enochs Point 3723, Merrijig 3723, Boorolite 3723, Bridge Creek 3723, Ancona 3715, Creek Junction 3669, Delatite 3723

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