Mitchelton at a glance
10,098
People
$1,382,500
Median sale
$672/wk
Median rent
2.53%
Suburb gross yield
Median sale from 54 recorded sales (last 12 months) — a Districts calculation.
QLD › Mitchelton › Parnoo St
3
Bedrooms
2
Bathrooms
1
Car spaces
617 m²
Land
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
No recorded sale price for this property yet.
Local land rate: recorded House sales in Mitchelton (last 5 years) with land size have a median of $2,215/m² of land (n=104). Districts calculation from recorded sales — not a valuation.
Mitchelton at a glance
10,098
People
$1,382,500
Median sale
$672/wk
Median rent
2.53%
Suburb gross yield
Median sale from 54 recorded sales (last 12 months) — a Districts calculation.
Planning
Planning scheme
Brisbane City Plan 2014
Zone
Low density residential
LDR
Jurisdiction
Brisbane City Council
Brisbane, QLD
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
For more information on this property, visit Queensland Globe.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
QLDZoned Low density residential · LDR (Brisbane City Plan 2014). Official parcel area about 624 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $672/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned Low density residential · LDR (Brisbane City Plan 2014). Official parcel area about 624 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
KnownmediumOfficial parcel about 624 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownNo DA adapter returned applications for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Mitchelton at a glance
10,098
People
$1,382,500
Median sale
$672/wk
Median rent
2.53%
Suburb gross yield
Median sale from 54 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Denovans Real EstatePositioned on the high side of a quiet Mitchelton street, 11 Parnoo Street has been held by the same family since the 1960s and has clearly been well cared for over time. The elevated setting captures pleasant breezes and leafy district outlooks, offering a comfortable and private feel while remaining conveniently located.
The home is framed by neatly maintained gardens and features a tiled front verandah with louvres, providing a practical outdoor space to enjoy the outlook. Inside, large glass doors connect to the dining area, which benefits from good natural light and views. The lounge room is generously sized, with plush carpet, feature lighting and large windows that contribute to a bright and welcoming atmosphere.
The kitchen is original in style and remains functional, with patterned floor tiles, white cabinetry and ample storage. The main bathroom is also original, presented in a pink and white colour scheme with full height tiling and a bath. The master bedroom includes a full wall of built in robes, a ceiling fan and a private ensuite, while the remaining bedrooms are well sized and offer good storage.
Downstairs, the fully concreted and enclosed lower level provides additional usable space, with louvres allowing light and airflow throughout. A carpeted rumpus room with a bar creates a flexible area that could suit a range of uses, from entertaining to a second living zone.
Set on a 617 square metre allotment in a peaceful, family friendly pocket, the home is close to local schools, parks and public transport, with the Brisbane CBD approximately 10 kilometres away. Additional features include fresh internal paintwork, a garden shed and a 6kW solar system. This is a well maintained, solid home offering space, elevation and a quiet location, with scope for future updates if desired.
Listing description written by Haydn Denovan, Denovans Real Estate — reproduced as published, not verified by Districts.