Corangamite Shire Council
Mount Mitchell
Mount Mitchell at a glance
Median house
$352,000
Median unit
$253,440
Walk score
0
Very car dependent
Population
18.9k
Median age 40
About
Welcome to Mount Mitchell.
Mount Mitchell (3352) sits in the Corangamite region of Victoria. The median house here is $352,000, well below the Victoria median of around $850K.
Mount Mitchell has roughly 18,922 residents, with a typical family-age mix. Households are dominated by renters. Daily life is car-dependent: most residents drive to work, school and the shops.
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Houses change hands at $352,000 on a typical sale, well below the Victoria median. Units come in around $253,440, roughly 28% below the house median.
For buyers
A 20% deposit on the median house works out to roughly $70,000. Prices are well below the Victoria median, which keeps Mount Mitchell on the radar for first-home buyers and right-sizers.
Market
The price of a home here.
Median house price
$352,000
+0.0% over the past year. Median unit price $253,440.
Rental and ownership
Weekly rent (house)
$322/wk
Weekly rent (unit)
$274/wk
Owner occupied
–
Renter occupied
–
At a deeper level
$352,000
$253,440
18,922
Median age: 40
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For investors
Investment overview.
Gross rental yield on houses sits at 4.76% (median rent $322/wk against a $352,000 price tag). Units yield 5.62% gross, often the better cash-flow play for first-time investors.
Gross Yield (House)
Source: RTBA, Residential Tenancies Bond Authority (VIC)4.76%
Based on $352,000 median
Gross Yield (Unit)
Source: RTBA, Residential Tenancies Bond Authority (VIC)5.62%
Based on $253,440 median
Annual Growth (House)
Source: RTBA, Residential Tenancies Bond Authority (VIC)–
Year-on-year capital growth
Annual Growth (Unit)
Source: RTBA, Residential Tenancies Bond Authority (VIC)–
Year-on-year capital growth
Owner Occupancy
Source: ABS Census 2021–
Higher = more owner-occupier demand
Days on Market
Source: RTBA, Residential Tenancies Bond Authority (VIC)–
Lower = higher buyer demand
Gross rental yield is annual rent divided by purchase price, before expenses. It does not account for vacancy rates, management fees, maintenance, or financing costs. Use this as a starting point for further research.
Who lives here
Demographics.
The 2021 Census put Mount Mitchell's population at 18,922, with a median age of 40. That sits as a typical family-age mix.
Population
18,922
Median age
40
Family households
–
Lone person
–
Day to day
What it’s like to live here.
Mount Mitchell 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 23°C (mild), winter mornings around 7°C (cool). Annual rainfall lands at about 612mm. Data comes from the Bureau of Meteorology's Ballarat Aerodrome station, 12.8km away.
Schooling within or near the suburb covers 5 government primary.
Getting around
Walkability.
0
0
0
Scores calculated from OpenStreetMap data (ODbL)
Walkability data as of May 2026· OpenStreetMap
Place
Location.
Amenities
Transport
Education
Schools in Mount Mitchell.
Local schools for Mount Mitchell
View the catchment for each school to find out more.
Government School Catchment
Waubra Primary School
Talbot Primary School
Clunes Primary School
© ACARA, licensed under CC BY 4.0.
Climate
Weather year-round.
Annual Rainfall
612 mm
Hottest Month (avg max)
23.2°C
Coldest Month (avg min)
7.3°C
Monthly Rainfall (mm)
Weather data from BOM station Ballarat Aerodrome (13 km away)
Climate data as of May 2026· Bureau of Meteorology
Frequently asked
About Mount Mitchell.
- What is the median house price in Mount Mitchell?
- The median house price in Mount Mitchell, VIC 3352 is $352,000. The median unit price is $253,440. Annual growth is +0.0%.
- What is the Mount Mitchell postcode?
- Mount Mitchell is in the 3352 postcode, in VIC, in the Corangamite Shire Council region.
- What is the average rent in Mount Mitchell?
- The median weekly rent for houses is $322, for units it's $274.
- What schools are in Mount Mitchell?
- There are 5 schools serving Mount Mitchell on this page, including Waubra Primary School, Talbot Primary School, Clunes Primary School.
- How walkable is Mount Mitchell?
- Mount Mitchell has a Walk Score of 0 out of 100, highly car-dependent. transit score 0, bike score 0.
- What suburbs are near Mount Mitchell?
- Mount Mitchell is close to Lexton, Burnbank, Evansford, Glenbrae, Langi Kal Kal.
- What is the population of Mount Mitchell?
- Mount Mitchell has approximately 18,922 residents. The median age is 40.
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For Rent
Mount Mitchell
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Side by side
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Sources cited
Median, growth and rental data from state revenue offices and ABS. Census from ABS 2021. Climate from BoM. Hazard from Geoscience Australia. School data from ACARA. Crime from state police open data. Full methodology →
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