Lot 1073 - ROOMING - Mitchelton

Description

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Mitchelton is a charming suburb located in the northwestern part of Brisbane, Queensland. Known for its leafy streets, community vibe, and convenient amenities, Mitchelton is popular among families, professionals, and retirees. Here’s a detailed overview of Mitchelton:

Suburb Overview: Mitchelton is situated approximately 8 kilometers northwest of Brisbane's central business district (CBD). The suburb features a mix of older Queenslander homes, modern townhouses, and unit complexes. Mitchelton is renowned for its family-friendly atmosphere, parks, and vibrant local markets.

Transportation:

• Roads: Mitchelton is well-connected by major roads, including Samford Road and the Kedron Brook Bikeway, which provide easy access to Brisbane CBD and other parts of the city. The nearby Enoggera Road and South Pine Road also facilitate travel within the northern suburbs.
• Public Transport: The suburb is serviced by Mitchelton railway station and the nearby Gaythorne railway station, both on the Ferny Grove line, offering regular train services to Brisbane CBD and other destinations. Additionally, multiple bus routes operated by Brisbane Transport connect Mitchelton to surrounding suburbs and key locations.

Schools:

• Primary and Secondary Education: Mitchelton has several educational institutions catering to different levels of schooling. Primary schools include Mitchelton State School and Our Lady of Dolours School. For secondary education, options include Mitchelton State High School and Mt. Maria College.
• Tertiary Education: While there are no tertiary institutions directly in Mitchelton, residents have access to nearby campuses such as the Queensland University of Technology (QUT) Kelvin Grove campus and the TAFE Queensland Grovely campus.

Parks and Recreational Areas:

• Local Parks: Mitchelton features numerous parks and green spaces, ideal for outdoor activities. Teralba Park, with its playgrounds, sports fields, and picnic areas, is a popular destination. The Kedron Brook Bikeway also offers scenic walking and cycling paths.
• Recreational Facilities: The suburb has various recreational facilities, including the Mitchelton Youth Club and the Mitchelton Sports Club, which host sports programs and community events. The nearby Enoggera Reservoir is also a popular spot for swimming, kayaking, and bushwalking.

Shopping and Amenities:

• Local Shops: Mitchelton Village Shopping Centre and Brookside Shopping Centre are the main retail hubs in the suburb, featuring supermarkets, retail stores, dining options, and essential services. These centers provide a convenient shopping experience for residents.
• Nearby Shopping Centers: For more extensive shopping, residents can visit the nearby Stafford City Shopping Centre and the Chermside Shopping Centre, which offer a wider range of retail stores, restaurants, and entertainment options.

Infrastructure:

• Healthcare: Mitchelton is serviced by local medical centers, dental practices, and pharmacies. The nearest major hospitals include the Prince Charles Hospital in Chermside and the Royal Brisbane and Women's Hospital in Herston, both providing comprehensive healthcare services, including emergency care and specialist treatments.
• Community Services: The suburb benefits from various community services, including libraries, community centers, and support services. The Mitchelton Library offers book lending, internet access, and community programs.

Community Services:

• Libraries and Community Centers: The Mitchelton Library is a key community facility, providing various services and programs for residents of all ages. The community centers in Mitchelton host events, workshops, and social activities, fostering community engagement.
• Sports and Recreation Clubs: The suburb has several sports clubs and recreational facilities, including the Mitchelton Football Club and the Mitchelton Cricket Club, providing opportunities for physical activities and community involvement.

Events and Entertainment:

• Community Events: Mitchelton hosts a variety of community events throughout the year, such as the popular Mitchelton Farmers Markets, which feature local produce, crafts, and live entertainment. Other events include festivals and family-friendly activities that foster a strong sense of community.
• Cultural Events: The suburb has a vibrant cultural scene, with local art exhibitions, craft fairs, and music festivals contributing to the community’s cultural life. Local venues and community centers regularly host exhibitions, performances, and cultural events.

• Property Type: House and LandCashflow Positive
• Property Stage:
• Price: $ 1,316,700.00
• Land Price: $ 790,000.00
• Build Price: $ 526,700.00
• Beds: 5
• Bath: 5
• Garage: 3
• Storey: 1
• Study: N/A
• Power Rooms: N/A
• MPR: N/A
• Powder Room: N/A
• Balcony: 5
• Floor Plan: Moreton
• Completion: N/A
• Land Size: 405
• Area Size: 200.00
• Year Built: N/A
• Est. Rates: N/A
• Est. Rent PW: 2190.00
• Est. Body Corp.: N/A
• Title Status: December 2024
• Gross Per Week: $ 2,190.00
• Gross Per Annum: $ 110,760.00
• Gross Yield: 8.65%
• Capital Growth 12 Months: -0.05%
• Capital Growth 10 Year Annualised: 6.74%
• Vacancy Rate: 0.59%