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Mincha, VIC 3575
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$410,000
market range $200K-$425K
Median Unit
$445,000
list-price estimate
Gross Yield (houses)
2.4%
1yr Growth
-
Investment snapshot for Mincha
Mincha has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Mincha market and investor summary
Mincha (VIC 3575) runs a median house price of $410K, with houses yielding a gross 2.4%. At 0.9% vacancy, it is a tight rental market that favours landlords.
For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 2.4% will not cover holding costs in the early years, so the case leans on price appreciation. Rental demand looks steady, with vacancy at 0.9% and a resident base that is not shrinking. Houses also take time to sell, around 230 days on market, so plan for a slower exit if you ever need one.
Living in Mincha: people, income and schools
Mincha has a resident population of roughly 62, a number that has held fairly steady over five years. The median age is 52, an older, established demographic, and 86% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
Households here earn a median of about $72,000 a year, or roughly $1,380 a week. On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (3 out of 10). At current prices a median house runs to roughly 5.7 times local household income, leaving more headroom than most capital-city markets. Incomes have risen about 20% over five years, which tends to underpin what local buyers can pay.
Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 62
- +1% over 5yr
- Median age
- 52 years
- Median household income
- $72,000/yr
- Households renting
- 14%
- Family households
- 73%
- Socio-economic rank
- 3/10
- ABS advantage index
- Unemployment
- 5.0%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Mincha
No properties currently listed in Mincha
Search Mincha listings →Frequently asked questions about Mincha
What should I check before investing in Mincha?
Mincha has enough public data for first-pass screening across yield, vacancy, price and supply signals. 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 Mincha?
The median property price in Mincha, VIC 3575 is $410K for houses.
What rental yield does Mincha show?
The gross rental yield in Mincha is 2.4% for houses. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
How tight is the rental market in Mincha?
The current vacancy rate in Mincha 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 Mincha?
Mincha has a population of approximately 62 residents, with a median age of 52.
Is Mincha affordable to buy in?
A median house in Mincha costs about 5.7 times the median local household income (more affordable than most capital-city markets). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.
Is Mincha's population growing?
The population of Mincha has held roughly flat over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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