Thinking about buying in Mighell? Now could not be a better time, with just 327 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $384,000 with prices in this suburb ranging from $131,000 to $611,000. Mighell is located fairly close to the coast at just 4Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
Median Weekly Rent | $250.00 |
Median Monthly Mortgage | $989.00 |
Median Persons Per Bedroom | 0.90 |
Average Household Size | 3.00 |
Average Age | 34.00 |
Average Income | $622.00 |
Average Cars Per Dwelling | 1.69 |
Average Properties Within 50M | 7 |
1 Bed  $261,000 |
3 Bed  $360,000 |
4 Bed  $466,000 |
5 Bed  $386,000 |
6 Bed+$522,000 |
In Mighell there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Mighell is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. Low average earnings from people in Mighell leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Medium density in Mighell necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Mighell we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Mighell a better buying opportunity than it may have been in the past.
unit 6, 38 jones st, mighell, qld, 4860 | 3 | 1 | 2 | Attractive Investment Opportunity 1101 SQM Block, |
Innisfail East State School
Radiant Life College
Good Counsel College
Good Counsel Primary School
Innisfail State School
Goondi State School
Innisfail State College
Mundoo State School
(While the above schools are located with the suburb of Mighell there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 23.9 | 23.0 | 31.9 | 64 | 98.2 | 3.1 | 21.6 |
Mar | 10.8 | 22.5 | 31.5 | 63.9 | 98.2 | 2.8 | 20.8 |
Apr | 4.7 | 19.9 | 28.8 | 62.3 | 96.5 | 3.6 | 16.8 |
May | 15.8 | 16.9 | 25.9 | 64.1 | 99.5 | 2.9 | 14.7 |
Jun | 3.4 | 14.8 | 24.4 | 64.9 | 98.6 | 3.1 | 13.9 |
Jul | 3.7 | 16.3 | 25.8 | 64.3 | 98.6 | 2.8 | 15.2 |
Aug | 2.0 | 14.4 | 26.5 | 55.2 | 98.7 | 2.5 | 17.8 |
Sept | 4.5 | 17.3 | 26.7 | 60.4 | 97.6 | 3.3 | 19 |
Oct | 5.2 | 18.6 | 30.1 | 57.2 | 98.7 | 2.7 | 23.2 |
Nov | 2.3 | 19.7 | 31 | 53.6 | 98.7 | 3.0 | 24.8 |
Dec | 4.4 | 21.6 | 32.7 | 55.4 | 99.2 | 2.9 | 25 |
source: Australian Government Bureau of Meteorology
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