Property value increases in Mitchelton have tracked close to the QLD average of 2.51% over the last 12 months.
If we look at median property appreciation over just the last three months, Mitchelton has given property investors a paper return of 0.80%. This puts Suburb as 395 on a list of fastest fasting appreciating suburbs in QLD
Sellers are offering property buyers an average discount of -3.82% to buyers in Mitchelton at the moment, which is less than average for the rest of QLD.
The QLD suburb of Mitchelton, 4053 is in the Brisbane local government area.
Property value increases in Mitchelton have tracked close to the QLD average of 0.65% over the last 12 months.
Mitchelton,4053 has offered an average of 1.50% return per annum in house price rises to property investors over the last three years.
Using the current median advertised rental of $400 and the average annual increase in value of a median property of 5.34%, investors should hope to achieve an overall return of 4.74%