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Mansfield Shire, VIC

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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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Suburb Heatmap Analysis

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.

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Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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GRC chart
Fundamentals
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
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Hold chart
Demand

Days on Market

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DOM chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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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.

How many people live in Mansfield Shire, VIC?

There are approximately people 9000 living in roughly dwellings in total, with an average 6000 household size of 2.3.

What major retailers are there in Mansfield Shire, VIC?

The main retail centres are Kmart Mansfield K Hub, Mansfield Menswear, RB Sellars, FoodWorks Mansfield.

What is the main industry in Mansfield Shire, VIC?

Such sectors as Agriculture, Forestry and Fishing make up the largest part of the employment.

What are the dominant demographic groups in Mansfield Shire, VIC?

Among approximately 9000 people in Mansfield Shire males and females make roughly 50% of each group. The median age of people is 48 years. Children aged 0-14 years account for approximately 18% of the population, and those aged 65+ years account for 24%.

How is unemployment rate trending in Mansfield Shire, VIC?

Among approximately 4000 people employed, roughly 53% work full-time, 37% work part-time, and an estimated 3% are unemployed.

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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