Thinking about buying in Mihi? Now could not be a better time, with just 21 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,410,000 with prices in this suburb ranging from $1,410,000 to $1,410,000. The aproximate distance to the coast is 116 Km.
Household Makeup
| Median Weekly Rent | $ |
| Median Monthly Mortgage | $ |
| Median Persons Per Bedroom | |
| Average Household Size | |
| Average Age | |
| Average Income | $ |
| Average Cars Per Dwelling | |
| Average Properties Within 50M |
Housing Stock
Average Property Prices
Mihi Real Estate Market Outlook
In Mihi 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 Mihi 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 Mihi 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. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Mihi the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
Local Schools
None within suburb boundary
(While the above schools are located with the suburb of Mihi there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Mihi weather - Average Local Climate by month
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 3.1 | 17.7 | 30.8 | 37.6 | 86.6 | 3.1 | 25.0 |
| Feb | 3.0 | 16.4 | 29.5 | 38.0 | 88.6 | 2.8 | 23.2 |
| Mar | 3.1 | 15.6 | 28.6 | 36.6 | 88.3 | 2.7 | 18.4 |
| Apr | 1.6 | 11.3 | 23.9 | 38.9 | 88.4 | 2.6 | 16.4 |
| May | 1.3 | 7.1 | 19.5 | 42.2 | 91.8 | 2.3 | 12.8 |
| Jun | 1.5 | 5.4 | 16.9 | 44.4 | 92.4 | 2.4 | 10.8 |
| Jul | 1.6 | 3.4 | 15.9 | 39.6 | 92.5 | 2.4 | 12.2 |
| Aug | 1.4 | 4.2 | 18.1 | 31.9 | 86.1 | 2.6 | 14.9 |
| Sept | 1.8 | 7.4 | 20.4 | 36.9 | 88.3 | 2.8 | 18.3 |
| Oct | 2.9 | 11.1 | 24.4 | 34.9 | 87.4 | 2.8 | 22.0 |
| Nov | 2.8 | 13.9 | 27.8 | 32.2 | 81.6 | 3.0 | 26.0 |
| Dec | 4.2 | 15.2 | 27 | 44.6 | 91.4 | 2.8 | 24.6 |
source: Australian Government Bureau of Meteorology
Recently Sold Properties / House Prices
| 22-06-2023 | $5,200,000 | 1253 ENMORE RD |
| 24-01-2020 | $2,650,000 | 313 MIHI RD |
| 25-01-2018 | $1,000,000 | 794 ENMORE RD |
| 24-05-2017 | $1,050,000 | 1292 ENMORE RD |
| 25-01-2017 | $2,040,000 | 313 MIHI RD |
| 16-01-2017 | $3,750,000 | 1453 ENMORE RD |
| 14-12-2015 | $1,700,000 | 313 MIHI RD |
| 30-07-2013 | $430,000 | 1673 GOSTWYCK RD |
| 30-04-2013 | $350,000 | 1453 ENMORE RD |
| 27-07-2011 | $495,000 | 1453 ENMORE RD |
| 09-11-2006 | $1,725,000 | 231 DWYERS RANGE RD |
Internet Speed
Download 25 Mbps / Upload 5 MbpsNearby Suburbs
Public Transport
Uralla - Greater then 10KM
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