2/5 Midland Hwy, Mansfield is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 189m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in August 2022.
A very neat single storey unit with a fenced courtyard and a lock up garage in the heart of town! And the beautiful Botanic Park is right next door.
There is high demand and very little supply of affordable accommodation in Mansfield, especially within walking distance of High Street, making this a very low risk investment with a nice reliable return. Given the current rental scarcity, we estimate this unit would rent for at least $250 per week. It would also make an easy to maintain permanent living space with exciting potential for renovation to capitalise on the great location.
The size of Mansfield is approximately 269.8 square kilometres. There are 7 parks, covering nearly 0.4% of the total area. The population of Mansfield in 2016 was 4787 people. By 2021 the population was 5541 showing a population growth of 15.8% in the area during that time. The predominant age group in Mansfield is 60-69 years. Households in Mansfield are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mansfield work in a trades occupation.In 2021, 74.10% of the homes in Mansfield were owner-occupied compared with 69.60% in 2016.
Mansfield has 4,473 properties. Over the last 5 years, Houses in Mansfield have seen a 41.87% increase in median value, while Units have seen a 39.76% increase. As at 30 April 2026:
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