Over the last year, property investments in Mitchelton, 4053 have given investors a capital gain of 1.51%. This compares averagely with the 2.44% for QLD as a whole.
The five-year average increase in median property values for Mitchelton,4053 has given property investors a potential capital gain of 33.90% across each of those five years.
The most recent median price for Mitchelton is $629350, with sellers offering an average of -3.93% off the asking price.
Often selling an investment property can take time, and in Mitchelton the average time real estate has been on the market is 38.52 days.
QLD has seen average median house prices change by 0.74% which means that Mitchelton, 4053 has done well for property investors by showing a capital gain of 0.57% over the last year
Comparing Mitchelton,4053 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
LACK OF BUYER INTEREST may well be the reason that Mitchelton is offering property investors an average of -6.08. This rate of discount on properties puts Suburb at number 273th in terms of most discounted suburbs in QLD
Advertised rents are around the $400 mark per week – giving a return of 4.73% based on the median price in Suburb