Mitchell Park, SOUTH-AUSTRALIA Real Estate & Suburb Profile
Comprehensive property market insights and live data for Mitchell Park.
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Property Market Snapshot & Data for Mitchell Park
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About Mitchell Park Real Estate
Mitchell Park is a suburb south of Adelaide. It shares common boundaries with Marion, Bedford Park, Clovelly Park, and Ascot Park. In recent years it has undergone major redevelopments through a program of urban renewal which included the renovation of many properties owned by the former South Australian Housing Trust. These projects have won many awards.
The Flinders railway line forms the eastern boundary of Mitchell Park.
Property Investment Potential
When analyzing the local real estate landscape, Mitchell Park presents a dynamic opportunity. With median property prices sitting around $2,092,000 and delivering an average rental yield of 2%, the area caters nicely to both owner-occupiers and savvy investors. Properties typically spend an average of 18 days on the market, underscoring the consistent demand in this part of South Australia. For accurate financial planning, check out our investment calculators to estimate your potential returns.
Local Demographics & Lifestyle in Mitchell Park
Frequently Asked Questions about Mitchell Park Real Estate
What is the median house price in Mitchell Park?
The median house price in Mitchell Park, South Australia is currently estimated at $2,092,000.
Is Mitchell Park a good place to invest?
With a capital growth of 5.1% over the last 12 months and an average rental yield of 2%, Mitchell Park presents a solid opportunity for property investors.
What is the postcode for Mitchell Park?
The postcode for Mitchell Park in South Australia is 5043.