Mitchelton is an average performer in QLD when comparing median price capital growth over the last year. Mitchelton gave property investors a average capital gain figure when compared to the rest of the state, with 2.42%.
The five-year average increase in median property values for Mitchelton,4053 has given property investors a potential capital gain of 34.55% across each of those five years.
At number 771th of QLD’s most discounted properties, Mitchelton is in the TOP 10% of the state/territory when listing in order of most discounted to least.
In the last year 170 properties changed hands in Mitchelton, which puts it as the 87th most active market in QLD when comparing the number of sales per suburb.
Renters in Suburb are facing rents around $5280 per annum or $440 every week.
With a capital gain of 0.57% for the last 12 months, Mitchelton, 4053 has performed for property investments than its average annual 4.86% property growth over the last 5 years.
If we look at median property appreciation over just the last three months, Mitchelton has given property investors a paper return of 0.00%. This puts Suburb as 167 on a list of fastest fasting appreciating suburbs in QLD
Sellers are offering property buyers an average discount of -4.14% to buyers in Mitchelton at the moment, which is less than average for the rest of QLD.
Mitchelton, 4053’s gross rental yield is 4.73%