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Mansfield, VIC 3722

Home » VIC Real Estate Data » Mansfield Shire, VIC » Mansfield, VIC 3722

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Mansfield, VIC 3722 to help you make an informed decision about your property choice in this suburb.





Market Snapshot

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

Buy 

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Rent 

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Yield 

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Buy 

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Rent 

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Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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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
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index 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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0 thoughts on “Mansfield, VIC 3722”

  1. The total adult population (15 years or older) of Mansfield 3722 VIC is 4,541, with a median age of 47. Of those, 49.13% are married, 13.32% are divorced or separated, 29.93% are single and 7.58% are widowed.

    The average household size is 2.3 people per dwelling, and the median household monthly income is estimated to be $7,184. The median monthly mortgage repayment for households in this suburb is $1,603 which is 22.31% of their earnings.

    Source: ABS Census Data (2021)

  2. Located in VIC, the suburb of MANSFIELD 3722 is home to an estimated 3617 households. As we delve into Q3 of 2023, the typical pricing for houses in this area stands at a firm $970,727. The median weekly rent here charts at $534, offering an indicative yield of 2.86%.

    Notably, MANSFIELD presents a fairly decent socio-economic situation, with an IRSAD score of 982 out of a total of 1217. This portrays a community with good access to economic resources and a high standard of living. The suburb has a favourable renter to owner ratio of 21%, indicating a lower rate of competition among landlords for tenants and a potential for better returns for property investors.

    The suburb also boasts a low units to houses ratio of 11%, displaying an over-representation of houses over units. This formulates an attractive prospect for families seeking long-term occupancy over rental dynamics associated with units, such as flats and apartments.

    However, the suburb does face an issue with regards to affordability. The affordability index estimates that it would take a whopping 53 years to fully own a house here, which is substantially higher than the standard 30-year mortgage assumption.

    In terms of supply, MANSFIELD 3722 shows promise with a low stock on market Percentage for houses at 0.25%. This indicates a lower level of unsold property stock compared to the total number of dwellings, a favourable prospect for property investors. The inventory level for houses here is 0.98 months, again suggesting low supply, while the building approvals Ratio is a low 0.18%, signifying a slow increase in new dwelling stock.

    The suburb exhibits a high demand with houses spending an average of 24 days on the market and a low vacancy rate of 0.91% for combined houses and units. The buy search index value for houses is at the state average, signifying moderate online interest.

    In conclusion, while the affordability index might present a challenge, the MANSFIELD 3722 suburb seems to offer a number of opportunities for property investors, with most essential, fundamental and demand metrics displaying favourable signals. It’s also essential to monitor the Relative Composite Score (RCS) as provided by HtAG Analytics, which provides a comprehensive evaluation of the property landscape using over 80 metrics.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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