Mittagong, NSW

FAIR VALUE

6,028 sales · 36 years of data · NSW, Australia

$997,500
Median (All)
$1,100,000
Median (Houses)
$610,000
Median (Apartments)
5.8%
10yr CAGR
6.2%
36yr CAGR
12.0%
Strata %
36 years of data · 6,028 sales analysed · 2,500+ suburbs · Updated weekly

Mittagong, NSW Property Market Overview

Mittagong, NSW, postcode 2575, is a charming town located in the Southern Highlands of New South Wales, approximately 110km southwest of Sydney. AusPropertyInsights.app analysis spans 36 years of sales data, encompassing a total of 6,028 recorded property sales. The current median property price in Mittagong (all property types) is $997,500, reflecting the area's desirability and growth.

Mittagong offers a blend of rural tranquility and convenient access to urban amenities. Houses hold a median of $1,100,000, while apartments sit at $610,000, catering to a range of budgets and lifestyles. With a diverse property market and strong historical growth, Mittagong presents a compelling case for those interested in the Southern Highlands property landscape.

Currently fair value
Relative to the long-term price trend line
$500K invested 10yr ago → $878,672
Based on the 10-year compound annual growth rate of 5.8%
Predominantly houses12% apartments
88% of sales are houses and other non-strata properties
Loading chart...

Property Mix

88%
Houses 88%$1,100,000Apartments 12%$610,000

Data You Can Trust

Every figure backed by NSW government sale records

7 million+
verified sale records
2,500+
NSW suburbs covered
36 years
of market history
Weekly
NSW Gov. data updates

What Subscribers See

A preview of the full analysis available for Mittagong

Street Rankings

Top streets in Mittagong, NSW by median sale price

See which streets command the highest prices and how many sales back each ranking.

#StreetTypeSalesMedian Price
1Wills PlApartment6$952,500
2Leopold StHouse7$1,000,000
3Hood StHouse5$865,000
4Sunset Point DrHouse5$900,000

... and 188 more streets available

Subscribers also see:

  • Street price per m² analysis
  • Street annual growth rates (CAGR)
  • Premium vs discount % comparison
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Price per m²

Streets by price per square metre

Compare land and building value across streets — essential for finding underpriced pockets.

#StreetTypeSalesMedian $/m²
1Bowral RdHouse6$1,760/m²
2Owen StApartment8$4,583/m²
3Reservoir StHouse3$2,447,980/m²
4Frankland StApartment5$2,040/m²

... and more $/m² rankings

View full $/m² data
Growth Rates

Fastest growing streets by median price

10-year compound annual growth rate (CAGR) by street — see which streets are outperforming the suburb.

#StreetType10yr CAGR
1Bong Bong RdHouse+7.2%
2Winifred CresHouse+8.1%
3Railway PdeHouse+7.1%
4Bowral RdHouse+7.9%

... and more street growth rates

See all growth rates

Past growth rates are not indicative of future performance. This data is for informational purposes only.

Building Analytics

Building-by-building comparison

54
apartment buildings analysed
#AddressSalesMedian$/m²
1200 Old Hume Hwy9$580,000$6,395/m²
23 Frankland St7$797,500$2,040/m²
36 Owen St20$557,500$4,593/m²
414 Davy St4$2,196,557$3,354/m²

... and 50 more buildings

Compare individual buildings by price per sqm, median unit price, and sales volume. Identify which buildings are gaining or losing value relative to the suburb average.

View full building data
Risk Indicator

Flipper risk & hold period analysis

Available with full access
 

Properties resold within 2 years may signal problems — structural issues, noisy locations, or overpayment. See hold period distribution and flagged streets.

See flipper risk data
Risk Indicator

Settlement times & problem streets

56
average days to settlement

Extended settlement times can indicate building defects, financing difficulties, or legal issues. See which streets have the longest settlement periods.

See settlement data
Suburb Change

Density & development tracking

12%
apartments across 54 buildings

Track which streets are converting from houses to apartments. Understand how density is changing the suburb's character and property values over time.

See density trends

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192 streets and 54 buildings to explore

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3 street rankings
All 192 streets ranked
Cycle chart preview
Full chart — all years
Basic median prices
Price per m² by street
Suburb-level growth only
10-year CAGR by street
Building count only
54 buildings compared
Summary stats only
Flipper risk + settlement data

Based on 6,028 verified property sales across 36 years · Last updated: February 2026

Trusted by 100+ property investors across NSW

Mittagong at a Glance

Region
Southern Highlands
CBD Distance
110km southwest of Sydney CBD
Train Station
Mittagong Station (Southern Highlands Line)
Council
Wingecarribee Shire Council
Property Character
Established residential with a mix of houses and some apartment buildings
Community
Families, retirees, and professionals seeking a rural lifestyle

Mittagong, NSW

Map data © OpenStreetMap contributors

Local Amenities


Living in Mittagong, NSW

Life in Mittagong offers a blend of country charm and convenient access to amenities. The town is home to several schools, including Mittagong Public School and Mittagong High School, making it an attractive option for families. For shopping, Mittagong has a range of local stores and supermarkets, as well as larger centres nearby.

Mittagong also boasts beautiful parks and green spaces, such as Lake Alexandra Reserve, perfect for outdoor activities and relaxation. The town's train station provides easy access to Sydney and other parts of the Southern Highlands. The overall vibe is relaxed and community-oriented, with a strong sense of local pride. Mittagong combines the tranquility of rural living with the convenience of urban amenities.


Who Buys in Mittagong?

Mittagong attracts a diverse range of buyers. The higher median house price of $1,100,000 suggests that established families and professionals are drawn to the area's larger properties and lifestyle. The apartment median of $610,000 may appeal to first home buyers, downsizers, or those seeking more affordable options. The 12% strata percentage indicates a reasonable proportion of apartment living. The suburb's historical growth, with a 10-year CAGR of 5.8%, may also attract investors seeking long-term capital appreciation in Mittagong.

Market Analysis

The Mittagong property market, as of early 2026, is currently assessed as being near its long-term trend, indicating fair value. This suggests that property prices are aligning with historical growth patterns and broader economic conditions.

Being near its long-term trend implies that the market isn't experiencing significant speculative bubbles or deep undervaluation. Instead, property values in Mittagong reflect a stable and sustainable trajectory. While this doesn't preclude future growth, it signals a period of more measured and predictable market behaviour for Mittagong.


Is Mittagong a Good Investment?

Mittagong's property market has exhibited consistent growth over the long term. With a full-period CAGR of 6.2% spanning 36 years, the suburb has demonstrated resilience and potential for capital appreciation. The current cycle position indicates that the market is near its long-term trend, suggesting a period of stability.

This fair value status, combined with historical growth rates, presents a balanced picture for those considering the Mittagong property market. The key drivers of property values in Mittagong include its location in the desirable Southern Highlands, its lifestyle appeal, and its access to amenities and transport links. The data suggests a stable and steadily growing market.


Mittagong Market Outlook

As of early 2026, the Mittagong property market is characterised by its position near its long-term trend, indicating fair value. Recent price trends suggest a period of relative stability following periods of stronger growth. While market conditions can change, the current outlook points to a balanced and predictable environment for property in Mittagong. The suburb's fundamental strengths, such as its location and lifestyle appeal, continue to underpin its property values.

Streets & Location in Mittagong, NSW

Mittagong, located in the 2575 postcode area, boasts a diverse range of residential streets. Among the streets with higher median prices are Wills Place, Winifred Crescent, and Thomas Street. These streets, like many in the suburb, contribute to Mittagong's overall appeal. With a total of 192 streets, Mittagong offers a variety of location options for potential buyers and residents.

Market Dynamics

Transaction patterns in Mittagong reflect a relatively efficient market. The average settlement time for properties is approximately 56 days, indicating a standard timeframe for sales completion. Currently, data regarding quick-flip percentages is unavailable. These market dynamics provide insights into the speed and fluidity of property transactions in Mittagong.

Development & Density

Mittagong's development density leans towards detached housing, characteristic of many Southern Highlands towns. The suburb contains 54 apartment buildings, representing a smaller portion of the overall property landscape. This composition contributes to the town's character and lifestyle, with a focus on larger residential blocks and a more spacious feel. This balance of housing types contributes to the diverse property market in Mittagong.

Growth & Property Mix

Historically, Mittagong's property market has demonstrated robust growth. Over the past 10 years, the suburb has experienced a Compound Annual Growth Rate (CAGR) of 5.8%. Looking further back, the 20-year CAGR stands at 4.9%, while the full period CAGR, encompassing all 36 years of data, is 6.2%. The property mix in Mittagong comprises a significant proportion of houses, with apartments representing approximately 12% of the market, influencing overall growth patterns.

All data on this page is sourced from NSW government property sale records. Market analysis, cycle positions, growth rates, and all other metrics are provided for informational purposes only and do not constitute financial, investment, legal, or property advice. Always seek independent professional advice before making any property or financial decisions.

This information is based on historical sales data and does not constitute financial, investment, or property advice. Past performance is not indicative of future results. Always consult a qualified professional before making property decisions.

Frequently Asked Questions about Mittagong, NSW

What is the median property price in Mittagong?
The current median property price in Mittagong for all property types is $997,500. For houses, the median price is $1,100,000, while for apartments, it's $610,000, as of early 2026.
Is Mittagong overvalued or undervalued?
According to the latest AusPropertyInsights.app analysis, Mittagong is currently near its long-term trend, suggesting fair value. This indicates that property prices are generally aligning with historical growth and market fundamentals.
How has the Mittagong property market performed over 10 years?
Over the past 10 years, the Mittagong property market has experienced a Compound Annual Growth Rate (CAGR) of 5.8%. This indicates a steady and consistent growth trajectory for property values in the suburb.
What percentage of Mittagong is apartments vs houses?
Apartments make up approximately 12% of the property market in Mittagong, as indicated by the strata percentage. This means that the majority of properties in Mittagong are houses, contributing to the suburb's character.
Where is Mittagong in the property cycle?
Current analysis places Mittagong near its long-term trend in the property cycle. This position suggests that the market is neither significantly overvalued nor undervalued, but rather reflecting its fair value.
What schools are near Mittagong?
Mittagong is home to several schools, including Mittagong Public School and Mittagong High School. There are also other schools in neighbouring towns, providing a range of educational options.
What is Mittagong like to live in?
Mittagong offers a relaxed and community-oriented lifestyle in the Southern Highlands. Residents enjoy access to parks, local shops, and convenient transport links, creating a desirable living environment.
Is Mittagong good for families?
Mittagong can be a good option for families, with its schools, parks, and larger residential properties. The town offers a safe and friendly environment, making it an attractive place to raise children.
How far is Mittagong from Sydney CBD?
Mittagong is approximately 110km southwest of the Sydney CBD. It's accessible by car via the Hume Highway and by train on the Southern Highlands Line.
What transport options are in Mittagong?
Mittagong is serviced by the Mittagong Train Station on the Southern Highlands Line. There are also local bus routes connecting Mittagong to surrounding towns and the Hume Highway provides road access to Sydney and Canberra.
How does Mittagong compare to nearby suburbs?
Compared to nearby suburbs in the Southern Highlands, Mittagong has a median property price that reflects its central location and amenities. Growth rates are broadly similar to the region, reflecting the overall popularity of the Southern Highlands.
Is Mittagong a good first home buyer suburb?
With a median apartment price of $610,000, Mittagong may be a viable option for some first home buyers, particularly those seeking a lifestyle in the Southern Highlands. Houses, with a higher median, may be less accessible for first-time purchasers.
What are the best streets in Mittagong?
Among the streets with higher median prices in Mittagong are Wills Place, Winifred Crescent, and Thomas Street. These streets reflect the diverse property options available within the suburb.
How many properties have been sold in Mittagong?
Over the past 36 years, a total of 6,028 properties have been sold in Mittagong. This represents a substantial volume of transactions, providing a rich dataset for analysis.
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