Mitchell · 3717
Yea, VIC
population +7.8% (5y), 67% under your cap.
NextSuburb scoreTier D
26Below trend
Median house
$496k
5y growth
2.6%/yr
Gross yield
3.1%
Vacancy
2.4%
Thin market · ~2k residentsLow confidence
Thin marketSmall sample sizes (~14 sales/yr) can distort medians. Treat the score with caution and weight the eight-signal breakdown over the headline number.
Eight-signal breakdown
Each signal scored 0–100 against the national distribution. Bars reflect how this suburb sits across the index.
- Capital growth (5y)2.6%/yr26/100
- Population growth+7.8% (5y)78/100
- Supply tightening+5.0% YoY25/100
- Rental yield3.1%63/100
- Rental demand2.4% vacancy40/100
- Income growth+13.0% (5y)52/100
- Construction pipelineno nearby pipeline0/100
- Affordability67% under cap67/100
Why this score
Yea scores 26/100 (Below trend). The two strongest signals: 7.8% population growth over five years and 3.1% gross rental yield. The standout watch-out: population of 1,789 makes the market illiquid.
Drivers
- Population growth+7.8% (5y)
- Budget headroom67% under cap
- Rental yield3.1%
Risks
- Only 1,789 residents — illiquid, slow to sell
- Modest 5y growth (2.6%/yr)
Nearest infrastructure
North East Link — Bulleen67.5 km away
Construction · $16.5bn · completion 2028
Construction-stage projects within 10 km lift the suburb’s infrastructure score; projects more than 25 km away barely move it.
Comparable suburbs
Three VIC suburbs in the same budget band with the closest NextSuburb scores.
See the full VIC ranking60-month score history
Backfilled — live history begins May 2026Watch this suburb
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