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Investment Property Mitchelton, QLD, 4053

Suburb Snapshot

Mitchelton is a suburb in the Brisbane Region of Queensland. Mitchelton has a population of 8,551 people and 33.72% of its occupants live in rental accommodation. The median listing price for houses is $1,210,000 and this has changed 24.10% over the past year and changed 27.36% over 2 years.

The median rent in Mitchelton for houses is $650 per week and the median rental yield is 2.79%. Stock on the market for houses/townhouses has changed 6.67% compared to last year and the average time to sell a house/townhouse is 46 days.The median listing price for units is $650,000 and this has changed 30.00% over the past year. The average unit takes 64 days to sell and the median rent for a unit in Mitchelton is $510 per week, producing a rental yield of 4.08%.

Supply & Demand in Mitchelton, Brisbane

0.97%

Current vacancy rate

38

Rental stock available

8,551

Population

33.72%

Rental population

1.15%

Current vacancy rate

6,310

Rental stock available

1,131,159

Population

32.91%

Rental population

0.87%

Current vacancy rate

20,766

Rental stock available

4,703,187

Population

29.39%

Rental population

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Statistical data for Mitchelton, Brisbane

	House	Townhouses	Units
Median listing price	$1,210,000	$870,000	$650,000
Median price change - last quarter	6.66%	-1.13%	12.95%
Median price change - 1 year	24.10%	NA	30.00%
Median price change - 2 years	27.36%	NA	47.72%

	House	Townhouses	Units
Median weekly rent	$650	$675	$510
Median yield %	2.79%	4.03%	4.08%
Median rent change - 1 year	1.56%	14.40%	13.33%

	House	Units
Previous month sales	6	3
Stock on market previous month	32	10
Stock variance vs. last year	6.67%	-9.09%
Average days on market	46	64

Mitchelton investment property listings

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