Mitchells Flat is a quiet locality in New South Wales within the Singleton local government area (postcode 2330). With a population of 242, the suburb has an established demographic with a median age of 43. Households earn a median income of $151K per year, with an average household size of 3 people. The most common occupations are technicians & trades, machinery operators & drivers, clerical & administrative. The top ancestries reported are Australian, English, Irish.
The median house price in Mitchells Flat is $1.3 million, having grown strongly 5.5% over the past year. The current median weekly rent is $620. This gives a gross rental yield of approximately 2.6%. The median monthly mortgage repayment is $2,600.
Public transport access includes 5 bus stops. The crime rate in the Singleton LGA is below average at 3,401 incidents per 100,000 population.
From an investment perspective, Mitchells Flat offers a gross rental yield of 2.6%, rated as low yield. Property prices are near the state median ($1.3M/$1.5M). The price-to-income ratio of 8.3x is considered moderate. House prices have moved +5.5% year-on-year.
Mitchells Flat is a quiet locality in New South Wales within the Singleton local government area (postcode 2330). With a population of 242, the suburb has an established demographic with a median age of 43. Households earn a median income of $151K per year, with an average household size of 3 people. The most common occupations are technicians & trades, machinery operators & drivers, clerical & administrative. The top ancestries reported are Australian, English, Irish.
The median house price in Mitchells Flat is $1.3 million, having grown strongly 5.5% over the past year. The current median weekly rent is $620. This gives a gross rental yield of approximately 2.6%. The median monthly mortgage repayment is $2,600.
Public transport access includes 5 bus stops. The crime rate in the Singleton LGA is below average at 3,401 incidents per 100,000 population.
From an investment perspective, Mitchells Flat offers a gross rental yield of 2.6%, rated as low yield. Property prices are near the state median ($1.3M/$1.5M). The price-to-income ratio of 8.3x is considered moderate. House prices have moved +5.5% year-on-year.