QLD/
Mitchelton

Suburb Profile

Mitchelton - FREE SUBURB PROFILE REPORT
POSTAL CODE: QLD,4053

house
unit

Property investors enjoyed capital gains of 2.02% over the last 12 months in MITCHELTON, translating to lower returns compared with its peers in QLD.

Figures from the previous quarter show that capital gains for real estate buyers in MITCHELTON are low, as opposed to average gains per annum over the past five years.

The suburb posted a 15.63% growth in median prices over a three-year period. This is considerably higher than the gains it recorded over the past year.

This number can mean, real estate investors could earn a rental income of $435 based on current median home prices for the suburb.

On average, rents on listings have reached the $435 mark, reflecting a 3.58% increase in returns based on the current median price in MITCHELTON.

MITCHELTON, 4053 ranks 504th in QLD in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 644th on the list of best yielding suburbs for rental properties in QLD, posting a 3.58% return.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $632,500 $439,250
GROWTH REPORT
Median Quarterly 0.4% -0.17%
Median 12 month 2.02% -0.06%
Median 3 years 15.63% 14.39%
Median 5 years 29.74% 24.26%
10 years average annual 5.02% 5.88%
Weekly media advert. rent $435 $400
Time on Market 46.5 days 71.6 days
Gross Rental Yield Percent 3.58% 4.74%
demographics (median values)
Total Population
7034
Weekly Household Income
1150
Household Size
2.50
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