At number 2651th in the list of Australian suburbs ordered by increase in median house value over the last year, Mitchelton, 4053 is in the BOTTOM 40% with a property value increase of 2.99% recorded in median house prices.
The five-year average increase in median property values for Mitchelton,4053 has given property investors a potential capital gain of 33.47% across each of those five years.
The most recent median price for Mitchelton is $637500, with sellers offering an average of -3.94% off the asking price.
Advertised rents are around the $430 mark per week – giving a return of 3.51% based on the median price in Suburb
Mitchelton has had a pretty average year for property investment returns compared to the rest of QLD, giving investors a capital gain of 0.57% to date .
A 25.80% growth in median value for property investors in Mitchelton,4053 puts this suburb at number 158th in terms of best performing suburbs in QLD
At number 245th of QLD’s most discounted properties, Mitchelton is in the TOP 30% of the state/territory when listing in order of most discounted to least.
Residents and property investors in Mitchelton have been waiting around 63.3 days to sell a property.
Advertised rents are around the $400 mark per week – giving a return of 4.73% based on the median price in Suburb