Thinking about buying in Mirboo North? Now could not be a better time, with 1619 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $588,000 with prices in this suburb ranging from $95,000 to $2,953,000. The aproximate distance to the coast is 27 Km.

Mirboo North Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Mirboo North driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Mirboo North due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Mirboo North provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Mirboo North to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Mirboo North 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.

Houses for sale Mirboo North

	2 jepson ct, mirboo north, vic, 3871	4	1	4	$775,000
	9 allen st, mirboo north, vic, 3871	6	2	5	$750,000
	unit 14, 19-21 thorpdale rd, mirboo north, vic, 3871	3	1	2	$430,000
	9 scott ct, mirboo north, vic, 3871	5	2	5	$995,000
	unit 5, 19-21 thorpdale rd, mirboo north, vic, 3871	3	1	2	$450,000
	63 grand ridge west, mirboo north, vic, 3871	2	1	2	$495,000
	13 old thorpdale rd, mirboo north, vic, 3871	3	2	2	$798,000

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General Points of Interest

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