Tim Allen
IPS Buyer’s Agents – Your Partner in SEQ Property Success
Sunshine Coast, QLD+10
Brisbane · North Brisbane
A north Brisbane suburb on the Ferny Grove train line. Most homes are separate houses.
Last reviewed 25 October 2026
Market snapshot
Estimate, not an official figure · September 2026
Median house
$1.15M - $1.55M
Mid-band $1.35Mspread 30%
Median unit
$725,000 - $975,000
Mid-band $850Kspread 29%
Rental yield
2.5% to 3.5%
Gross yield on house stock. Premium suburbs compress.
Price growth for Mitchelton is not shown. A property site that publishes medians from valuer-general sales records puts five-year house growth at +55.2% and one-year at +2.8%, outside our estimate's ranges, and no licensed sales data is available to check which is right.
Before you buy
Brisbane City Council's FloodWise Property Report shows the risk and type of flooding at one property, with estimated flood levels and habitable floor level requirements. The council's severe weather alerts name the Greater Everton Park and Mitchelton area for Kedron Brook. Get the report for the address before you make an offer.
Mitchelton State School has an equidistant catchment and an enrolment capacity of 618 students.
Residential Tenancies Authority bond data for the September 2026 quarter puts the median weekly rent for a new Mitchelton tenancy at $735 for a three-bedroom house and $900 for a four-bedroom house. That quarter, the Residential Tenancies Authority recorded 87 new bonds.
At the 2021 Census, 77.8% of Mitchelton homes were separate houses, 19.0% were flats or apartments and 3.2% were semi-detached or townhouses.
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Why a buyers agent
In Mitchelton, flood risk along Kedron Brook is set address by address. A buyers agent who works Brisbane reads the FloodWise report and the school catchment for each home on your shortlist, prices it against the sales closest to it, and negotiates or bids at auction for you.
Brisbane City Council publishes a FloodWise Property Report for each property. An agent reads it before you commit.
Mitchelton State School has an equidistant catchment and a capacity of 618. Check the address against the catchment if you are counting on a place.
Mitchelton station is on the Ferny Grove line. An agent weighs how far each home is from it if you plan to commute.
The Queensland Revenue Office charges no transfer duty on a first home valued at $700,000 or less, and the first home concession ends at $800,000. An agent with your conveyancer checks whether the home you choose qualifies before you sign.
Compare
| Metric | This suburbMitchelton | NearbyAlderley | NearbyAshgrove |
|---|---|---|---|
| Median house | $1.15M - $1.55M | $1.40M - $1.90M | Not available |
| Median unit | $725,000 - $975,000 | $725,000 - $1,000,000 | Not available |
| Rental yield | 2.5% to 3.5% | 2.1% to 3.1% | Not available |
| Postcode | 4053 | 4051 | 4060 |
Snapshot date varies by suburb; see individual suburb pages for figures.
The place
Mitchelton had 9,244 residents at the 2021 Census, with a median age of 37.
Mitchelton station is on the Ferny Grove line.
At the 2021 Census, 60.4% of Mitchelton homes were owned outright or with a mortgage. The median weekly rent at that Census was $400 and the median monthly mortgage repayment was $2,167.
Frequently asked
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Editorial review: 25 October 2026.
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