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Mitiamo, VIC 3573
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$340,000
list-price estimate
Median Unit
$390,000
Gross Yield (units)
7.3%
1yr Growth
-
Investment snapshot for Mitiamo
Mitiamo has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Mitiamo market and investor summary
Mitiamo sits in VIC, postcode 3573.
Living in Mitiamo: people, income and schools
About 116 people live in Mitiamo, a number that has held fairly steady over five years. The median age is 50, an older, established demographic, and 80% 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 $51,000 a year, or roughly $980 a week. On socio-economic measures it ranks around the national middle on the ABS advantage index (5 out of 10). Incomes have risen about 25% over five years, which tends to underpin what local buyers can pay.
- Population
- 116
- +1% over 5yr
- Median age
- 50 years
- Median household income
- $51,000/yr
- Households renting
- 0%
- Family households
- 61%
- Socio-economic rank
- 5/10
- ABS advantage index
- Unemployment
- 4.6%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Mitiamo
No properties currently listed in Mitiamo
Search Mitiamo listings →Frequently asked questions about Mitiamo
What should I check before investing in Mitiamo?
Mitiamo has enough public data for first-pass screening across yield, vacancy, price and supply signals. Strong unit gross rental yield of 7.3%, before expenses, tax and loan costs. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Mitiamo?
The median property price in Mitiamo, VIC 3573 is $390K for units.
What rental yield does Mitiamo show?
The gross rental yield in Mitiamo is 7.3% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
How many people live in Mitiamo?
Mitiamo has a population of approximately 116 residents, with a median age of 50.
Is Mitiamo's population growing?
The population of Mitiamo 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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