Mitchelton — Houses

BUY
QLD 4053 House Rank #20 of 256 in Brisbane
$1.40M
Median House Price · recent comparable sales
Rental Pressure Market #20 of 256

Extremely low vacancy signals structural undersupply in the rental market, creating long-term price pressure.

DEMAND LIQUIDITY AFFORD GROWTH YIELD SUPPLY
VERDICT
BUY
Rental Pressure Market
DEMAND
102 buyers/listing
Strong
LIQUIDITY
26d DOM
Neutral
AFFORDABILITY
18.2% vs 5yr
Weak
GROWTH OUTLOOK
Good
Strong
YIELD
3.0%
Neutral
SUPPLY PRESSURE
0.6% vacancy
Strong
#20/256 Good Structure 67 $1.40M

Atlaso rates Mitchelton houses as BUY for capital growth. Vacancy is extremely tight at 0.59%, well below the 2.5% equilibrium. 66% of BUY-rated suburbs grew more than 8% in our validated testing.

At $1.40M, Mitchelton ranks #20 of 256 houses in Brisbane. The long-term structural outlook is Good. Properties sell in 26 days.

OPPORTUNITY ENGINE

Structural opportunity remains selective at this price level.

5 stronger-positioned houses identified in Brisbane.

Mitchelton Price History

All houses · monthly median sale price

Market Intelligence

What's Happening Now

Buyer's Market Stock rising, prices softening. Buyers have leverage.
+0.9%
Asking Prices (3mo)
+7.0%
Rents (12mo)
0.5%
Vacancy
58%
Fresh Stock (<30d)

House Asking Prices (12 months)

$1.40M

House Weekly Rents (12 months)

$771/wk

Vacancy Rate (24 months)

--- 1.5% tight --- 3.0% loose

Listing Age (12 months)

Fresh (<30d) 30-60d 60-90d 90-180d 180d+

Data for postcode 4053.

Suburb Profile

Mitchelton at a Glance

SEIFA Index
9/10
Most advantaged
Household Income
$2,152/wk
Median household
Median Age
36
Years
Mortgage Stress
22%
of income
Population Growth
+1.9%
vs state +1.8%
Ownership Mix
25.9% owned 36.3% mortgage 35.6% renting

Demographic Trends

Mitchelton Over Time

Median Household Income (Census)

Population Growth Rate (Census)

Dwelling Composition (Census)

Rental Yield History

Census data: ABS. Yield series: weekly market data.

Full Mitchelton Analysis

Access the full structural analysis, fair value estimate, bedroom-level pricing, and supply intelligence.

3-Year Structural Outlook Strong
Conviction Level High
Fair Value Gap X.X% undervalued
3-Bed House Price $X,XXX,XXX
Gross Yield X.X%
Weekly Rent $XXX
SEIFA Decile X/10
Building Approvals XX dwellings

Frequently Asked Questions

Is Mitchelton a good suburb to invest in?
Atlaso rates Mitchelton as BUY confidence for capital growth. In our out-of-sample testing, 90% of our STRONG BUY suburbs grew more than 8% annually. Our model analyses price trends, volume, demographics, and market conditions across Mitchelton and 46 Australian cities to generate this rating.
What is the median house price in Mitchelton?
The current median house price in Mitchelton, qld is $1.40M, with annual growth of +21.8%. Properties sell in approximately 26 days.
How fast do properties sell in Mitchelton?
Properties in Mitchelton sell in 26 days on average. The market is currently rated Good. This is in line with the broader market.
What is the growth outlook for Mitchelton?
Atlaso's model analyses 23 structural signals including price history, volume trends, yields, and vacancy to rate Mitchelton's growth potential. The model predicts whether a suburb is likely to outperform, not by how much. Our ratings have been validated across 46 Australian cities, with 90% of top-rated suburbs growing more than 8% a year.
What is the rental yield in Mitchelton?
The gross rental yield for houses in Mitchelton is 3.0%. This is in line with the broader market average.

Want to compare suburbs?

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Important: Atlaso provides general research information only and does not constitute personal financial advice, property advice, or a recommendation to buy, sell, or hold any property. Suburb scores, growth ratings, rental yield estimates, and market signals are based on quantitative models using historical data. They are not guarantees of future performance. Property values can fall as well as rise. You should seek independent licensed financial and property advice before making any investment decision. Atlaso Pty Ltd (ABN 84 696 036 469) is not a licensed financial adviser and does not hold an Australian Financial Services Licence (AFSL).