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City of Ballarat
Mitchell Park

Mitchell Park Property Market
& Suburb Profile

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MEDIAN PRICES IN MITCHELL PARK

Median house price

(all agencies, last 12 months)$480k*

House price change

(all agencies, last 12 months)+9.09%

Median unit price

(all agencies, last 12 months)$490k*

Unit price change

(all agencies, last 12 months)+5.38%

(Median House Price and Median Unit Price is calculated based on sales of properties with all numbers of bedrooms)

MITCHELL PARK PRICE TRACKER

Houses0

MITCHELL PARK SALES OVERVIEW

  • Sold by Auction 100%
  • (Based on Sales Reported in the Last 12 Months)

Average days on market (houses)

(all agencies, 12 months)33

Average held period in Mitchell Park

(proptrack)9 years

MITCHELL PARK INVESTOR STATISTICS

Median rental price for Houses

(all agencies, last 12 months)$430pw

House rental price change

(all agencies, last 12 months)0.05%

Median rental price for Units

(all agencies, last 12 months)$319pw

Unit rental price change

(all agencies, last 12 months)0.02%

Average rental yield for Houses

(all agencies, last 12 months)4.27%

Average rental yield for Units

(all agencies, last 12 months)3.78%

Mitchell Park total population size

(as at the last census)887

Median household size in Mitchell Park

(as at the last census)2.5

(Median House Price and Median Unit Price is calculated based on leased properties with all numbers of bedrooms)

MITCHELL PARK PROPERTY TYPES

  • Houses 63%
  • Units 4%
  • Other 33%

OCCUPANCY IN MITCHELL PARK

  • Owned 72%
  • Rented 27%
  • Other/Not Stated 1%
  • Singles 29%
  • Families 68%
  • Other 5%

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ABOUT MITCHELL PARK

Mitchell Park is an industrial and residential suburb located on the north-western edge of Ballarat, roughly eight kilometres from the city centre. Positioned strategically at the intersection of the Sunraysia Highway and the Ballarat-Maryborough railway line, the area is defined by its role as a significant economic engine for the region. It serves as a transition point between the urban expansion of Wendouree and the rural plains of Miners Rest.

The character of Mitchell Park is dual-natured. The eastern and southern portions are dominated by the Ballarat West Employment Zone, a sprawling industrial precinct that houses major manufacturing, logistics, and distribution hubs. This area is characterized by large-scale contemporary warehouses and specialized industrial facilities, making it one of the most significant employment corridors in Western Victoria. Conversely, the western side of the suburb contains established residential pockets that offer a quieter, suburban atmosphere.

The landscape is predominantly flat, sitting upon the vast volcanic basalt plains that stretch toward the horizon. This level topography was a key factor in the suburb's development, providing the ideal foundation for large-footprint industrial buildings and the Ballarat Airport, which sits immediately to the west. Despite the industrial presence, the suburb is interspersed with open green spaces and the headwaters of local creek systems, which provide a sense of openness often lost in more densely populated urban areas.

Community life in Mitchell Park is largely focused on its practical conveniences. It lacks a traditional "high street" shopping strip, with residents typically utilizing the nearby retail hubs of Wendouree. However, the suburb is highly valued by its residents for its proximity to major transport links and the workplace, as well as its access to regional recreational facilities like the Selkirk Stadium and the nearby Lake Wendouree precinct. It remains a vital part of Ballarat's modern identity—a place where the city's manufacturing future meets a straightforward, convenient residential lifestyle.

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MITCHELL PARK MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
20260-no change0$0pw%
202519$485,0009.09%16$375pw4.03%
202410$452,500-2.22%5$359pw4.39%
202311$225,000-7.73%9$347pw4.25%
202218$243,87514.09%13$327pw3.83%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
20260-no change
202519$485,000+9.09%
202410$452,500-2.22%
202311$225,000-7.73%
202218$243,875+14.09%

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
20260$0pw%
202516$375pw4.03%
20245$359pw4.39%
20239$347pw4.25%
202213$327pw3.83%

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*The State of Victoria owns the copyright in the property sales data and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth).The State of Victoria does not warrant the accuracy or completeness of the licensed material and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.

This information is supplied by Barry Plant Group Pty Ltd (ABN 96 088 069 952) on behalf of PropTrack Pty Ltd (ABN 43 127 386 298).

The 12 month data in this report is from 31 December 2024 to 31 December 2025, last updated 31 December 2025.