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Mansfield, VIC 3722
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$930,000
list-price estimate
Median Unit
$605,000
market range $525K-$650K
Gross Yield (units)
4.7%
1yr Growth (houses)
+1.3%
market range -5.0% to +7.5%
Investment snapshot for Mansfield
Mansfield has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Mansfield market and investor summary
Mansfield sits in VIC, postcode 3722. House prices have moved +1.3% over the past year and -9.3% over three years. At 0.9% vacancy, it is a tight rental market that favours landlords.
Rental demand looks steady, with vacancy at 0.9% and a resident base that is not shrinking. Houses also take time to sell, around 100 days on market, so plan for a slower exit if you ever need one.
Living in Mansfield: people, income and schools
About 5,541 people live in Mansfield, and the area has been growing steadily, up about 12% over five years. At a median age of 47, it reads as skewed a little older, and 74% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
The typical household income runs to around $71,000 a year (about $1,360 a week). On socio-economic measures it ranks around the national middle on the ABS advantage index (5 out of 10). Locally, around 35% of household income goes to mortgage repayments, a level usually flagged as mortgage stress.
Families have 6 schools within roughly 5km to choose from, testing a little above the national school average on ICSEA. It is fairly car-dependent; the suburb scores 46 for walkability and 2 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Premises.
- Population
- 5,541
- +12% over 5yr
- Median age
- 47 years
- Median household income
- $71,000/yr
- Households renting
- 21%
- Family households
- 68%
- Socio-economic rank
- 5/10
- ABS advantage index
- Schools within 5km
- 6
- avg ICSEA 1021
- Unemployment
- 2.8%
- Walk score
- 46/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Mansfield
No properties currently listed in Mansfield
Search Mansfield listings →Frequently asked questions about Mansfield
What should I check before investing in Mansfield?
Mansfield has enough public data for first-pass screening across yield, vacancy, price and supply signals. Unit gross rental yield of 4.7% gives a usable rent-to-price starting point. Tight rental market (0.9% vacancy) gives landlords pricing power and low rental downtime. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Mansfield?
The median property price in Mansfield, VIC 3722 is $605K for units.
What rental yield does Mansfield show?
The gross rental yield in Mansfield is 4.7% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
What does recent house price growth show for Mansfield?
House prices in Mansfield are up 1.3% over the past year and down 9.3% over three years. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.
How tight is the rental market in Mansfield?
The current vacancy rate in Mansfield is 0.9%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.
How many people live in Mansfield?
Mansfield has a population of approximately 5,541 residents, with a median age of 47.
What schools are near Mansfield?
There are 6 schools within roughly 5km of Mansfield. Their average ICSEA is a little above the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Mansfield's population growing?
The population of Mansfield has grown about 12% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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