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South Gippsland Shire
Mirboo North

Mirboo North Property Market
& Suburb Profile

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MEDIAN PRICES IN MIRBOO NORTH

Median house price

(all agencies, last 12 months)$550k*

House price change

(all agencies, last 12 months)-3.51%

Median unit price

(all agencies, last 12 months)$450k*

Unit price change

(all agencies, last 12 months)+4.65%

(Median House Price and Median Unit Price is calculated based on sales of properties with all numbers of bedrooms)

MIRBOO NORTH PRICE TRACKER

HousesUnits

MIRBOO NORTH SALES OVERVIEW

  • Sold by Private Sale or Other Method 100%
  • (Based on Sales Reported in the Last 12 Months)

Average days on market (houses)

(all agencies, 12 months)126

Average days on market (units)

(all agencies, 12 months)137

Average held period in Mirboo North

(proptrack)5 years

MIRBOO NORTH INVESTOR STATISTICS

Median rental price for Houses

(all agencies, last 12 months)$465pw

House rental price change

(all agencies, last 12 months)0.04%

Median rental price for Units

(all agencies, last 12 months)$391pw

Unit rental price change

(all agencies, last 12 months)0.04%

Average rental yield for Houses

(all agencies, last 12 months)4.36%

Average rental yield for Units

(all agencies, last 12 months)5.6%

Mirboo North total population size

(as at the last census)2,263

Median household size in Mirboo North

(as at the last census)2.4

(Median House Price and Median Unit Price is calculated based on leased properties with all numbers of bedrooms)

MIRBOO NORTH PROPERTY TYPES

  • Houses 60%
  • Units 7%
  • Other 33%

OCCUPANCY IN MIRBOO NORTH

  • Owned 84%
  • Rented 13%
  • Other/Not Stated 3%
  • Singles 30%
  • Families 69%
  • Other 2%

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ABOUT MIRBOO NORTH

Mirboo North is a prominent hilltop town in the South Gippsland Shire, situated at a high point of the Strzelecki Ranges. It serves as a key service hub for the surrounding dairy and potato farming industries, defined by its wide streets and historic buildings.

The town is the northern trailhead for the Grand Ridge Rail Trail and provides access to the Lyrebird Forest Walk, featuring native bushland and mountain ash trees.

It is well-known for the Grand Ridge Brewery, housed in a former butter factory, and maintains a distinct local culture shaped by its timber-milling history and Italian agricultural heritage.

Education

Mirboo North Primary School
Mirboo North Secondary College
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SALES COMPARISON

Find out how Mirboo North median sales prices compare to neighbouring suburbs.

MIRBOO NORTH MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
202648$500,000-3.51%14$428pw4.98%
202546$490,000-3.79%15$425pw5.05%
202434$481,8750.66%16$406pw4.68%
202330$468,750-5.31%20$378pw4.30%
202247$476,00014.67%20$368pw4.20%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
202648$500,000-3.51%
202546$490,000-3.79%
202434$481,875+0.66%
202330$468,750-5.31%
202247$476,000+14.67%

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
202614$428pw4.98%
202515$425pw5.05%
202416$406pw4.68%
202320$378pw4.30%
202220$368pw4.20%

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*The State of Victoria owns the copyright in the property sales data and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth).The State of Victoria does not warrant the accuracy or completeness of the licensed material and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.

This information is supplied by Barry Plant Group Pty Ltd (ABN 96 088 069 952) on behalf of PropTrack Pty Ltd (ABN 43 127 386 298).

The 12 month data in this report is from 28 February 2025 to 28 February 2026, last updated 28 February 2026.