Suburb Profile Report for Mittagong NSW (2575)

Mittagong House: Median price $665,000, Annual capital growth 6.23%, Number of sales 132, Weekly median advertised rent $485

Mittagong Unit: Median price $605,000, Annual capital growth 11.87%, Number of sales 23, 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 1237th 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 9.02% recorded in median house prices.

The five-year average increase in median property values for Mittagong,2575 has given property investors a potential capital gain of 62.20% across each of those five years.

Property buyers and investors in Mittagong 2575 should be seeing an average reduction in asking price of around -4.55% . This means that Mittagong is holding prices well when compared to other suburbs in NSW.

Mittagong has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of 6.33% to date .

Across a shorter period, Mittagong, 2575 has seen a median price increase of -3.20% over the last quarter.

Mittagong2575 is located in NSW which offers an average discount of -4.42% to property investors. Mittagong itself is showing figures that indicate -3.67% is the average achievable by property buyers investing in the suburb.

On average over the past year, suburb has had 1.92 sales per month, which equates to 23 per year.

Situated 53.83km from the CBD, Mittagong is one of Wingecarribee localities in the postcode 2575.

HOUSE UNIT
$665,000 $605,000
1.99% -3.20%
9.02% 6.33%
6.23% 11.87%
$485 N/A
132 23
3.79% N/A
65.33 128.53

Source: CoreLogic

DSR Score for property investment : Balanced (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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