MITCHELTON 4053
State: QLDPosiProp AI Investment Summary
MITCHELTON (QLD 4053) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.1% and has experienced a 12-month capital growth of Up 9.0%, with a median house buy price of $1,341,137. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$1,250,000
$1,270,000
$1,475,000
$1,341,137
Suburb Market Profile
Last month Mitchelton had 27 properties available for rent and 46 properties for sale. Median property prices over the last year range from $1,341,137 for houses to $840,000 for units. If you are looking for an investment property, consider houses in Mitchelton rent out for $730 PW with an annual rental yield of 3.1% and units rent for $675 PW with a rental yield of 4.0%. Mitchelton has seen an annual compound growth rate of 9.0% for houses and -3.2% for units.
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