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Mitchelton suburb profile

Mitchelton is an established, leafy suburb in Brisbane's inner-northwest that offers a relaxed village atmosphere with reliable public transport. The locality centres on Mitchelton railway station and Brookside Shopping Centre, with a compact strip of cafes and local shops near the station, and Samford Road forming a main thoroughfare. Kedron Brook and its adjoining reserves provide green corridors, walking and cycling paths and riverside parkland. Housing ranges from timber Queenslanders and older lowset brick homes to more recently built townhouses, making it popular with families and professionals who value neighbourhood amenities, sports fields and easy train access to the city.

Mitchelton property market performance

Current median dwelling price$1,137,500Past 3 months

Property growth+4.5%Past 12 months

Mitchelton has relatively few unit sales, so there isn't enough recent data to publish a reliable median unit price. The median house price is $1.375 million, up a solid 9.7% over the last 12 months. Unit values fell a slight 0.8% over the same period, so house values rose more strongly.

Over the last 3 months 23 houses and 6 units sold. Houses sold in a median of 20 days over the last 12 months and units in 12 days, so units sold more quickly.

The rental market in Mitchelton saw house rents average $730 a week, up a solid 7.4% over the last 12 months. Unit rents averaged $543 a week and rose sharply, up 19.3% over the same period, so unit rents grew more strongly than house rents.

HousesUnits
Median price
Past 3 months
$1.38MN/A
Change in value
Past 12 months
9.7%-0.8%
Sold
Past 3 months
236
Median days on market
Past 12 months
2012
Average rent
Past 12 months
$730$543
Change in rent
Past 12 months
7.4%19.3%

5 year median price trend for houses and units

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Mitchelton demographics

Mitchelton is home to 9,244 people, with a median age of 37 and a median total household income of $2,228 a week, roughly $116,000 a year.

Families are dominated by couple households: couple families with children are the largest group at 49.1%, and together with couple families without children (34.0%) they make up 83.1% of families. One-parent families account for 15.1%, while other families are 1.8%.

In Mitchelton, 24.6% of homes are owned outright and 37.3% are owned with a mortgage, combining to 61.9% owner-occupied, while renters make up 38.0% of dwellings.

Suburbs near Mitchelton

Some popular suburbs near Mitchelton include:

  • Gaythorne: Leafy, established suburb in Brisbane's inner north, with quiet residential streets.
  • Everton Park: Family-friendly, hilly suburb with parks and a mix of older and newer homes.
  • Everton Hills: Suburban area with leafy streets and some elevated outlooks.
  • Keperra: Semi-rural feel with bushland pockets and rolling, tree-lined streets.
  • Enoggera: Established suburb along Enoggera Creek, with parks and tree-lined streets.

How does Mitchelton compare to nearby suburbs?

  • Median house prices: Mitchelton’s median house price is 8.3% higher than Everton Park’s.
  • Median unit prices: Mitchelton’s median unit price is 7.1% higher than Everton Park’s.
  • House price growth: Property prices in nearby Gaythorne have risen 8.1% more than in Mitchelton over the past year.
  • Unit price growth: Property prices in nearby Gaythorne have risen 28.8% more than in Mitchelton over the past year.
  • Selling speed for houses: Properties in nearby Gaythorne are selling 40.0% faster than in Mitchelton.
  • Selling speed for units: Properties in Mitchelton are selling 14.3% faster than in Gaythorne.
  • Investment considerations: In Mitchelton, the rental yield for house is 2.4% higher than the Brisbane average, while the rental yield for units is 17.2% lower.
  • House price growth: Over the past 12 months, house prices in Mitchelton have grown 11.5% higher than the average rate of growth across Brisbane.
  • Unit price growth:Over the past 12 months, unit prices in Mitchelton have grown 7.1% higher than the average rate of growth for units across Brisbane.

Choose the right real estate agents in Mitchelton

Choosing the right real estate agent in Mitchelton can have a big impact on your sale. While there are 55 real estate agents working in the suburb, but just 5 of them were responsible for 41.2% of all property sales over the past year, showing a strong footprint and track record in the area.

Commission rates typically range from 2% to 3%, depending on the agent and what’s included. Comparing both performance and fee structures can help you find someone who's well-suited to your needs, and set them up for a successful result.

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