Suburb Profile Report for Mitchell QLD (4465)

Mitchell House: Median price $107,500, Annual capital growth 11.27%, Number of sales 10, Weekly median advertised rent $250

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

Giving property investors a a poor capital gain of -23.21% for the last year, Mitchell, 4465 is the 4043th highest performer in Australia in this respect.

While Mitchell,4465 ranked number 817th in QLD for increase in median house value (annualised) increase, it is ranked 764th over the last 5 years.

With the median price for a house in Mitchell being $107500 and the advertised rent reaching $250 the gross rental yield for property investors calculates out to be 12.09%

HOUSE UNIT
$107,500 N/A
-12.24% N/A
-23.21% N/A
11.27% N/A
$250 N/A
10 N/A
12.09% N/A
N/A N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Balanced (H)
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Demographics
Total population 1310
Median household income ($/weekly) 817
Median age of persons 41
Median housing loan repayment ($/monthly) 1083
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 181 13.8
    35-44 years 146 11.1
    45-54 years 203 15.5
    55-64 years 186 14.2
    65-74 years 140 10.7
    Others 455 34.7
    Age Group
    Census Count Percent(%)
    Registered Married 444 49.8
    Not Married 335 37.6
    Defacto Relationship 113 12.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 1199 95.5
    Greece 6 0.5
    Papua New Guinea 16 1.3
    United Kingdom 20 1.6
    Other 7 0.6
    Others 8 0.6
    Country of Birth
    Census Count Percent(%)
    Christianity 1006 82.6
    No Religion 208 17.1
    Buddhism 4 0.3
    Hinduism 0 0.0
    Islam 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 50 11.7
    $400-$599 57 13.3
    $600-$799 47 11.0
    $800-$999 42 9.8
    $1,500-$1,999 43 10.0
    Others 189 44.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 408 41.3
    Not in the labour force 350 35.4
    Employed, worked part-time 148 15.0
    Employed, away from work 54 5.5
    Unemployed, looking for work 29 2.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 150 24.5
    Technicians & trades workers 51 8.3
    Community & personal service workers 56 9.1
    Machinery operators & drivers 86 14.0
    Labourers 114 18.6
    Others 156 25.4
    Occupation
    Census Count Percent(%)
    Pre-school 10 4.8
    Infants/Primary 110 52.6
    Secondary 65 31.1
    Technical or Further Educational Institution 11 5.3
    University or other Tertiary Institutions 10 4.8
    Others 3 1.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1133 95.2
    Caravan, cabin, houseboat 25 2.1
    Flat, unit or apartment 24 2.0
    House or flat attached to a shop, office 8 0.7
    Semi-detached, row or terrace house, townhouse 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 217 43.9
    Rented 137 27.7
    Being purchased 129 26.1
    Other tenure type 11 2.2
    Tenure Type
Census 2011, ABS
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