With a capital gain of 5.03% for the last 12 months, Mitchelton, 4053 has performed for property investments than its average annual 5.86% property growth over the last 5 years.
Mitchelton,4053 has offered an average of 5.03% return per annum in house price rises to property investors over the last three years.
Vendor discounting in Mitchelton is giving property investors an average Vendor Discount of around -3.45%. This puts suburb at number 822th in QLD when ranking the most discounted suburbs.
In the last year 163 properties changed hands in Mitchelton, which puts it as the 100th most active market in QLD when comparing the number of sales per suburb.
Mitchelton is 646th on a list of best yielding suburbs for rents in QLD with a 3.65% return
Property value increases in Mitchelton have tracked just higher than the QLD average of 0.98% over the last 12 months.
While Mitchelton,4053 ranked number 147th in QLD for increase in median house value (annualised) increase, it is ranked 29th over the last 5 years.
Mitchelton4053 is located in QLD which offers an average discount of -6.14% to property investors. Mitchelton itself is showing figures that indicate -1.64% is the average achievable by property buyers investing in the suburb.
Situated 3.21km from the CBD, Mitchelton is one of Brisbane localities in the postcode 4053.