Mitchelton QLD 4053

Houses Units

Here you can find what you need to know about Mitchelton, QLD, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$660k Median Sale Price (National Average $485k) 205th In QLD
3.12% Median Price Change (1 yr) (National Average 4.30%) 339th In QLD
$465pw Median Rent (National Average $395) 268th In QLD
3.7% Median Gross Yield (National Average 4.24%) 679th In QLD
Upgrade to Premium to see median values for houses split by bedrooms. Learn more
Properties sold 139
Average discounting -3.72%
Average Days on Market 35
Stock on Market 48 for sale

Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

Example Only
Upgrade to Premium to view Investment Strategy Scores for every available property and suburb in Australia
Upgrade to Premium to view pros & cons and Investment Strategy Scores for every available property and suburb in Australia
How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Mitchelton, QLD National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Mitchelton, QLD National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Mitchelton, QLD National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Property Prices in Mitchelton


Loading

State Auction Clearance Rates - May 2019

Auctions Clearance rate
QLD 75 39%
ACT 32 56%
NSW 270 61%
NT 9 0%
SA 81 44%
TAS 3 0%
VIC 427 63%
WA 29 25%

Local Schools


Loading

Suburb Information

Mitchelton, QLD 4053

Part of: Brisbane Council No data available

The size of Mitchelton is approximately 4.1 square kilometres. It has 9 parks covering nearly 4.3% of total area. The population of Mitchelton in 2011 was 8,011 people. By 2016 the population was 8,546 showing a population growth of 6.7% in the area during that time. The predominant age group in Mitchelton is 30-39 years. Households in Mitchelton are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mitchelton work in a professional occupation. In 2011, 64.4% of the homes in Mitchelton were owner-occupied compared with 60.7% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Mitchelton

Demographic data provided
by Australian Bureau of Statistics

Market Trends for Mitchelton   for Houses in last 12 months


There have been 136 Houses sold in Mitchelton in the past 12 months with a median sale price of $664K, up 3.75% annually. It takes on average 37 days to sell with vendor discounting of -3.79%.

Streets in Mitchelton

Others also viewed

Suburb Median Price Change (1 yr) Median Sale Price Median Rent Median Gross Yield
Keperra QLD, 4054 2.10% $543,500 $440pw 4.2% View Suburb Profile
Everton Park QLD, 4053 2.02% $605,000 $475pw 4.1% View Suburb Profile
Enoggera QLD, 4051 -1.07% $692,500 $490pw 3.7% View Suburb Profile
Welland SA, 5007 Unavailable Unavailable $360pw Unavailable View Suburb Profile
North Arm Cove NSW, 2324 10.83% $665,000 $328pw 2.6% View Suburb Profile
Arana Hills QLD, 4054 5.70% $566,000 $460pw 4.2% View Suburb Profile