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 2.9% and has experienced a 12-month capital growth of Up 9.7%, with a median house buy price of $1,336,137. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$1,215,000
$1,213,500
$1,520,000
$1,336,137
Suburb Market Profile
Last month Mitchelton had 32 properties available for rent and 29 properties for sale. Median property prices over the last year range from $1,336,137 for houses to $830,000 for units. If you are looking for an investment property, consider houses in Mitchelton rent out for $720 PW with an annual rental yield of 2.9% and units rent for $650 PW with a rental yield of 3.9%. Mitchelton has seen an annual compound growth rate of 9.7% for houses and -5.7% for units.