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40 Lily Street,
Mitchelton QLD 4053

This property is Off Market

All about Mitchelton Homes for sale in Mitchelton


  • The Average property price in this area is $980,166, this is based on recent transactions.
  • Internet speed Download 1000 Mbps / Upload 400 Mbps
  • Distance to the coast 14.38 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Potential Land Contamination risk
  • Powerlines within 200m 0
street view icon Street view
School Catchments

Property For Sale Nearby

Recently Sold Properties in this Area

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About Mitchelton

With an average age of 35, households expect an average monthly mortgage payment of $2,245 or a weekly rent payment of $460. The average family earns a weekly income of $3,159 with a typical household size of 2.6 and a 93.73% employment rate.

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. Incomes in Mitchelton are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The high percentage of professional people in Mitchelton classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. Medium density in Mitchelton necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Public Transport

General Points of Interest


Population

(Country of Birth not stated 5%)

Are people healthy?

There are a recorded 1010 asthma sufferers and 278 people living with diabetes. In addition, 373 people have a heart/vascular condition and 583 people live with three or more chronic diseases.

A good place to invest in property?

Mitchelton a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.

Investability - Housing Demand

Queensland State average 66 / 100

Income

56 / 100

32 / 100

Industry

55 / 100

32 / 100

Population

36 / 100

40 / 100

House Prices

72 / 100

63 / 100

Jobs

49 / 100

31 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • School Catchments
    Mitchelton SS Mitchelton SHS
  • Mitchelton State School

    Mitchelton, QLD, 4053 State Prep-6

  • Mitchelton State High School

    Mitchelton, QLD, 4053 State 7-12

  • Our Lady of Dolours School

    Mitchelton, QLD, 4053 Independent Prep-6

  • St William's Primary School

    Keperra, QLD, 4054 Independent Prep-6

  • Mitchelton Special School

    Mitchelton, QLD, 4053 State Prep-12


Property Story

40 Lily Street, Mitchelton, Qld, 4053 is a residential property with 3 bedrooms, 1 bathrooms and 4 Parking spaces. The estimated value of this home is $890,000 while properties of this type typically sell for between $615,000 and $1,040,000 in this suburb. The estimated distance to the sea is 14.38km and 0.5KM to vegatation considered to be a factor in bushfire risk.

Local Developments

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  • 134 Acme Avenue Street, Town, State

    Description - Details the application. Type and other information pertaining to the development application and more...

    Authority Reference: UX0909823-GOV Website

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The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.


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