Mittagong — Houses

BUY
NSW 2575 House Rank #5 of 62 in Wollongong
$945K
Median House Price · recent comparable sales
Rental Pressure Market #5 of 62

Extremely low vacancy signals structural undersupply in the rental market, creating long-term price pressure.

DEMAND LIQUIDITY AFFORD GROWTH YIELD SUPPLY
VERDICT
BUY
Rental Pressure Market
DEMAND
0 buyers/listing
Weak
LIQUIDITY
30d DOM
Neutral
AFFORDABILITY
-11.3% vs 5yr
Strong
GROWTH OUTLOOK
Strong
Strong
YIELD
4.0%
Neutral
SUPPLY PRESSURE
0.8% vacancy
Strong
#5/62 Strong Structure 91 $945K

Atlaso rates Mittagong houses as BUY for capital growth. Vacancy is extremely tight at 0.8%, well below the 2.5% equilibrium. 66% of BUY-rated suburbs grew more than 8% in our validated testing.

At $945K, Mittagong ranks #5 of 62 houses in Wollongong. The long-term structural outlook is Strong. Prices remain 11% below their 5-year trend, suggesting room for recovery.

OPPORTUNITY ENGINE

Structural opportunity remains selective at this price level.

5 stronger-positioned houses identified in Wollongong.

Market Intelligence

What's Happening Now

Shifting to Sellers Market tightening. Act sooner rather than later.
-0.2%
Asking Prices (3mo)
+8.5%
Rents (12mo)
0.8%
Vacancy
19%
Fresh Stock (<30d)

House Asking Prices (12 months)

$1.30M

House Weekly Rents (12 months)

$759/wk

Vacancy Rate (24 months)

--- 1.5% tight --- 3.0% loose

Listing Age (12 months)

Fresh (<30d) 30-60d 60-90d 90-180d 180d+

Data for postcode 2575.

Suburb Profile

Mittagong at a Glance

SEIFA Index
7/10
Above average
Household Income
$1,772/wk
Median household
Median Age
42
Years
Mortgage Stress
28%
of income
Population Growth
+1.4%
vs state +1.4%
Ownership Mix
35.7% owned 40.1% mortgage 21.0% renting

Demographic Trends

Mittagong Over Time

Median Household Income (Census)

Population Growth Rate (Census)

Dwelling Composition (Census)

Rental Yield History

Census data: ABS. Yield series: weekly market data.

Full Mittagong Analysis

Access the full structural analysis, fair value estimate, bedroom-level pricing, and supply intelligence.

3-Year Structural Outlook Strong
Conviction Level High
Fair Value Gap X.X% undervalued
3-Bed House Price $X,XXX,XXX
Gross Yield X.X%
Weekly Rent $XXX
SEIFA Decile X/10
Building Approvals XX dwellings

Frequently Asked Questions

Is Mittagong a good suburb to invest in?
Atlaso rates Mittagong as BUY confidence for capital growth. In our out-of-sample testing, 90% of our STRONG BUY suburbs grew more than 8% annually. Our model analyses price trends, volume, demographics, and market conditions across Mittagong and 46 Australian cities to generate this rating.
What is the median house price in Mittagong?
The current median house price in Mittagong, nsw is $945K, with annual growth of +29.6%.
How fast do properties sell in Mittagong?
Days on market data is not currently available for Mittagong.
What is the growth outlook for Mittagong?
Atlaso's model analyses 23 structural signals including price history, volume trends, yields, and vacancy to rate Mittagong's growth potential. The model predicts whether a suburb is likely to outperform, not by how much. Our ratings have been validated across 46 Australian cities, with 90% of top-rated suburbs growing more than 8% a year.
What is the rental yield in Mittagong?
The gross rental yield for houses in Mittagong is 4.0%. This is in line with the broader market average.

Want to compare suburbs?

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Important: Atlaso provides general research information only and does not constitute personal financial advice, property advice, or a recommendation to buy, sell, or hold any property. Suburb scores, growth ratings, rental yield estimates, and market signals are based on quantitative models using historical data. They are not guarantees of future performance. Property values can fall as well as rise. You should seek independent licensed financial and property advice before making any investment decision. Atlaso Pty Ltd (ABN 84 696 036 469) is not a licensed financial adviser and does not hold an Australian Financial Services Licence (AFSL).