Suburb Profile Report for Mittagong NSW (2575)

Mittagong House: Median price $652,000, Annual capital growth 6.08%, Number of sales 141, Weekly median advertised rent $480

Mittagong Unit: Median price $630,000, Annual capital growth 15.80%, Number of sales 18, Weekly median advertised rent N/A

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

At number 979th in the list of Australian suburbs ordered by increase in median house value over the last year, Mittagong, 2575 is in the top 30% with a property value increase of 10.51% recorded in median house prices.

Comparing Mittagong,2575 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Property buyers and investors in Mittagong 2575 should be seeing an average reduction in asking price of around -4.62% . This means that Mittagong is holding prices well when compared to other suburbs in NSW.

Renters in Suburb are facing rents around $5760 per annum or $480 every week.

Property investors who have had real estate in Mittagong, 2575 should be relatively pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 10.72%

A 244.26% growth in median value for property investors in Mittagong,2575 puts this suburb at number 184th in terms of best performing suburbs in NSW

Property buyers and investors in Mittagong 2575 should be seeing an average reduction in asking price of around -3.67% . This means that Mittagong is holding prices well when compared to other suburbs in NSW.

HOUSE UNIT
$652,000 $630,000
4.32% 2.02%
10.51% 10.72%
6.08% 15.80%
$480 N/A
141 18
3.83% N/A
67.27 137.68

Source: CoreLogic

DSR Score for property investment : Good (H), Very good (U)
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Demographics
Total population 5720
Median household income ($/weekly) 942
Median age of persons 45
Median housing loan repayment ($/monthly) 1863
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 732 12.8
    35-44 years 646 11.3
    45-54 years 749 13.1
    55-64 years 817 14.3
    65-74 years 693 12.1
    Others 2085 36.4
    Age Group
    Census Count Percent(%)
    Registered Married 2031 51.1
    Not Married 1626 40.9
    Defacto Relationship 321 8.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 4535 83.4
    Greece 36 0.7
    Papua New Guinea 101 1.9
    United Kingdom 394 7.2
    Other 104 1.9
    Others 269 4.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 54 1.0
    Christianity 3971 76.2
    Hinduism 22 0.4
    Other Religious Groups 26 0.5
    No Religion 1115 21.4
    Others 26 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 180 9.4
    $400-$599 279 14.6
    $600-$799 224 11.7
    $800-$999 199 10.4
    $1,500-$1,999 219 11.4
    Others 813 42.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1959 44.6
    Employed, worked full-time 1317 30.0
    Employed, worked part-time 866 19.7
    Employed, away from work 133 3.0
    Unemployed, looking for work 117 2.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 286 12.4
    Professionals 537 23.2
    Technicians & trades workers 352 15.2
    Community & personal service workers 238 10.3
    Clerical & administrative workers 268 11.6
    Others 631 27.3
    Occupation
    Census Count Percent(%)
    Pre-school 88 6.4
    Infants/Primary 416 30.4
    Secondary 563 41.1
    Technical or Further Educational Institution 125 9.1
    University or other Tertiary Institutions 150 11.0
    Others 27 2.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4612 92.3
    Semi-detached, row or terrace house, townhouse 198 4.0
    Flat, unit or apartment 120 2.4
    Caravan, cabin, houseboat 53 1.1
    House or flat attached to a shop, office 16 0.3
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 907 42.7
    Being purchased 618 29.1
    Rented 576 27.1
    Other tenure type 22 1.0
    Tenure Type
Census 2011, ABS
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Recent sales & rentals