Michelago, NSW 2620

Snowy Monaro Regional CouncilAll suburbs in postcode 2620

Updated

Median house price

$1,190,000

+12.0% over the past year.

Median of 8 house sales · NSW Valuer General · calendar 2025

Selling in Michelago?

Get the free selling guide, personalised to Michelago, or ask for a free appraisal from a local agent.

Michelago at a glance

Weekly rent
$695
Houses · units $433
Population
642
Median age 38

Rent: NSW rental bond data (postcode 2620), June 2026 · Population: 2021 Census

House prices in Michelago

Houses change hands at $1,190,000 on a typical sale, in line with the NSW median (8 house sales, NSW Valuer General, calendar 2025). The last 12 months delivered strong growth (+12%), well clear of the long-run average for the state.

For sellers

Twelve-month growth is +12%, supporting confident pricing at the upper end of recent comparables.

Work out your selling costs

For buyers

A 20% deposit on the median house works out to roughly $238,000. Prices are in line with the NSW median, so the broader state lending settings apply.

See what you can borrow

Rental data as of June 2026· NSW rental bond data (postcode 2620)

Free appraisal in Michelago

What’s your home worth in Michelago?

Ask us to introduce one participating agent who sells in your area for an appraisal backed by recent comparable sales. Only with your permission, and no commitment to list.

What to know about Michelago

Michelago (2620) sits in the Snowy Monaro region of NSW. The median house here is $1,190,000, in line with the NSW median of around $1.10M. Prices have moved +12% over the past year, well clear of the NSW average (3%).

Michelago has roughly 642 residents, with a typical family-age mix. Households are predominantly owner-occupied. Daily life is car-dependent: most residents drive to work, school and the shops.

What it’s like to live here

Michelago scores 0/100 on walkability, which makes it car-dependent with limited public transport. Plan for two cars in a typical household, especially if work isn't local.

Summer days here average around 27°C (warm), winter mornings around -1°C (cold). Annual rainfall lands at about 578 mm. Figures are our 1991 to 2020 averages of SILO data for this location (Queensland Government, built from Bureau of Meteorology observations).

Schooling within or near the suburb covers 12 government primary, 2 government secondary, 3 Catholic, 2 independent.

Schools in Michelago

Schools serving Michelago: government first, then Catholic and independent.

Government schools

Michelago Public School

K-6Co-edGovernment
Catchment

Bredbo Public School

K-6Co-edGovernment
Catchment

Captains Flat Public School

K-6Co-edGovernment
Catchment

© ACARA, licensed under CC BY 4.0.

Location

Walkability

Walk
0/100
Transit
0/100
Bike
0/100

Very car dependent. Scores out of 100, calculated from OpenStreetMap data (ODbL).

Walkability data as of May 2026· OpenStreetMap

Demographics

The 2021 Census put Michelago's population at 642, with a median age of 38. That sits as a typical family-age mix. Households are predominantly owner-occupied (85% own, 11% rent), which shapes everything from school catchment stability to how often properties turn over. The household mix skews family-dominated (81% family households, 15% lone person), so amenity decisions tend to follow what families want: parks, schools, supermarkets.

Family households
81%
Lone person
15%
Owner occupied
85%
Renter occupied
11%

Demographics data as of May 2026· ABS 2021 Census

Investment overview

Gross rental yield on houses sits at 3.04% (median rent $695/wk against a $1,190,000 price tag). Renter share is modest (11%), so the rental pool is smaller and tenant demand can be patchier than in higher-density suburbs. The 12-month growth of +12% adds a capital-growth case on top of the yield.

Gross yield, housesSource: NSW Valuer General (PSI) · Sept 2026
3.04%
On the $1,190,000 median
12-month change, housesSource: NSW Valuer General (PSI) · Sept 2026
+12.0%

Gross rental yield is a year’s rent divided by the purchase price, before expenses. It leaves out vacancy, management fees, maintenance and financing costs, so treat it as a starting point.

Crime and safety

12 offences recorded in 2026

Top offence categories
Theft6 (50.0%)
Drug offences2 (16.7%)
Disorderly conduct2 (16.7%)
Sexual offences1 (8.3%)
Intimidation, stalking and harassment1 (8.3%)

Source: State Police Open Data

Crime data as of January 2026

Weather year-round

Annual rainfall
578 mm
Hottest month, avg max
27.4°C
Coldest month, avg min
-0.9°C
Rainfall by month
J
F
M
A
M
J
J
A
S
O
N
D

Our 1991 to 2020 averages of SILO data (Queensland Government, built from Bureau of Meteorology observations, CC BY 4.0) for this location.

Climate data as of October 2026· SILO (Queensland Government), from Bureau of Meteorology observations

Questions about Michelago

What is the median house price in Michelago?
The median house price in Michelago, NSW 2620 is $1,190,000 (median of 8 house sales recorded by the NSW Valuer General in calendar 2025). Annual growth is +12.0%.
How much is my house worth in Michelago?
A useful starting point is the Michelago median house price of $1,190,000. Your home will sit above or below that depending on land size, condition, position and what comparable homes nearby have sold for recently. For a figure specific to your property, request a free property appraisal from a local agent using the form on this page.
Is Michelago a good investment?
On the published figures, the gross rental yield on houses in Michelago is 3.0%: the median weekly house rent is $695 (NSW rental bond data (postcode 2620), June 2026) against the median house price of $1,190,000 (NSW Valuer General, calendar 2025). The median house price rose 12.0% over 12 months on the same NSW Valuer General figures. Whether Michelago is a good investment for you depends on the price you pay, your loan and holding costs, vacancy and your tax position. These are published market figures, not financial advice.
What is the Michelago postcode?
Michelago is in the 2620 postcode, in NSW, in the Snowy Monaro Regional Council region.
Where is Michelago?
Michelago is a suburb in the Snowy Monaro Regional Council area, NSW 2620.
What is the average rent in Michelago?
The median weekly rent for houses is $695, for units it's $433.
What schools are in Michelago?
There are 20 schools serving Michelago on this page, including Michelago Public School, Bredbo Public School, Captains Flat Public School.
How walkable is Michelago?
Michelago has a Walk Score of 0 out of 100, highly car-dependent. transit score 0, bike score 0.
What suburbs are near Michelago?
Michelago is close to Tinderry, Clear Range, Bumbalong, Colinton, The Angle.
What is the population of Michelago?
The population of Michelago is approximately 642 (2021 Census). The median age is 38.

Selling in Michelago? Get the free selling guide

What selling costs, how agents price homes, what to ask them and a 12-week plan to settlement, personalised to Michelago. A free PDF, in about a minute.

Sources. House and unit medians from the NSW Valuer General, Land Victoria, the SA Government and the ABS; rents from the state rental bond authorities. Census from the ABS (2021), climate from the Bureau of Meteorology, hazard from Geoscience Australia, schools from ACARA and crime from state police open data. Each figure carries its source and date. How we source data

How we’re paid. The guides and this page are free. When a seller asks, we introduce one local agent, and the agent pays us a flat fee for the introduction, never a share of their commission; it costs the seller nothing. If a figure looks wrong, tell us and we’ll fix it.