Suburb Profile Report for Mittagong NSW (2575)

Mittagong House: Median price $653,500, Annual capital growth 5.91%, Number of sales 137, Weekly median advertised rent $480

Mittagong Unit: Median price $612,500, Annual capital growth 15.40%, Number of sales 20, 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 1489th in the list of Australian suburbs ordered by increase in median house value over the last year, Mittagong, 2575 is in the top 40% with a property value increase of 7.13% recorded in median house prices.

While Mittagong,2575 ranked number 890th in NSW for increase in median house value (annualised) increase, it is ranked 567th over the last 5 years.

Our latest figures would indicate that property sellers in Mittagong are currently offering property investors an average price cut of -4.71% below the asking price at the moment.

Residents and property investors in Mittagong have been waiting around 71.15 days to sell a property.

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

With a capital gain of 7.64% for the last 12 months, Mittagong, 2575 has performed for property investments than its average annual 15.40% property growth over the last 5 years.

A 184.88% growth in median value for property investors in Mittagong,2575 puts this suburb at number 490th in terms of best performing suburbs in NSW

The most recent median price for Mittagong is $612500, with sellers offering an average of -3.67% off the asking price.

HOUSE UNIT
$653,500 $612,500
0.35% -2.78%
7.13% 7.64%
5.91% 15.40%
$480 N/A
137 20
3.82% N/A
71.15 133.8

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (H)
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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