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QLD › Mitchelton › Glenholm St

2 Glenholm St, Mitchelton QLD 4053

For saleHouse for Sale

$1,450,000

For sale

Asking

5

Bedrooms

3

Bathrooms

2

Car spaces

405 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,450,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,450,000(Listing record · 3 Aug 2026)
  • FactLand 405 m²; no building size recorded.(Property record)
  • CalculationAsk is 5% above the Mitchelton median recorded sale ($1,382,500, n=54, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Mitchelton's advertised median rent ($672/wk), implied gross yield would be 2.41% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$1,450,000

Asking · $3,580/m² of land

No recorded sale for this property.

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.

See the full Mitchelton report →

Vs Mitchelton

+4.9%

Median sale

Suburb $1,382,500

-0.12 pp

Gross yield

Suburb 2.53%

Suburb median $1,382,500 from 54 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$1,450,000
Stamp Duty (Queensland)
$63,900
Transfer/Registration Fee
$6,161
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,523,761

$73,761 on top of the price (5.1% extra)

  • Stamp Duty (Queensland)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Queensland schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Mitchelton's advertised median rent — not a rent for this listing.

Net yield
0.91%
Annual cashflow (pre-tax)
$-62,206
Interest cover (DSCR)
0.17
Annual rent
$34,944
Operating expenses
$21,750
Loan amount
$1,160,000
Annual interest
$75,400
Gross yield
2.41%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

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

Property history

  1. Listed$1,450,000available3 Aug 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

QLD

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 2.4%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

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.”

Read more

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

What is known for this property

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.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Mitchelton in one glance

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.

See the full Mitchelton report →

Keep researching

  • Why Mitchelton? Read the area thesis →
  • What else is on the market in Mitchelton →
  • Other records on Glenholm St →

Listing material

Listed by Ray White Wilston

Quality Fully Renovated Family - Dual Living Possibility

Exceptional Value!! Presenting genuine dual living flexibility, this fully renovated character property offers rare double income potential in the highly connected heart of Mitchelton.

Walkable to a vibrant array of dining and bars, regarded local schools, shops, rail and parklands, this quality home comprising two independent levels is a primed, rent-ready investment or perfect home offering versatile living and income streams.

Featuring a characterful three-bedroom home upstairs with a self-contained modern two-bedroom level down, this tastefully appointed property is ideal for multigenerational households, or those seeking solid returns in a well-serviced, high growth area just 9 km from the CBD.

Read the full description

Property highlights:

- Updated dual living character home in ultra convenient central Mitchelton location

- Beautiful character-filled upper level with adjoining living and dining flowing out to entertaining deck

- Three bedrooms up, main bedroom with dressing room and double ensuite with bath

- Two Hamptons-style kitchens across both levels

- Modern, tiled lower level with two further bedrooms, spacious living flowing to patio, additional laundry

- Single garage plus carport, fully fenced lawned yard

- Premium modern upgrades including a 9.5kW solar system with inverter, CCTV security system, modular sound-resistant walls, soundproof windows and doors, and a purpose-built acoustic boundary fence

- 300 m to Mitchelton Village dining and shops, 30 m to Fenwick Park and playground

- 300 m to Mitchelton State School, 450 m to Mitchelton State High School, 650 m to Mitchelton Special School

- 600 m walk to Mitchelton train station

- 1 km to Brookside Shopping Centre

Integrating with multiple outdoor areas including an entertaining deck and lovely rotunda, the gracious upper level of the home is brimming with quality character features including polished timber floors, picture rails, ornate cornicing, and a wonderful fireplace to the living.

The kitchen on this level has been beautifully finished with shaker cabinetry, farmhouse sink, big stone island bench and quality appliances including dual ovens and induction stove. Designed for entertaining, this area flows directly onto the adjoining dining and living rooms, with direct connection to the private, east-facing entertaining deck.

The main bedroom here has a dressing room, and a classically appointed ensuite with double vanity and bath, while two further bedrooms on this level share use of an updated family bathroom.

The self-contained lower level incorporates a spacious, fully-tiled living room leading out to a covered patio, and a beautiful kitchenette appointed to match the upstairs kitchen, complete with dishwasher and quality modern appliances including induction stove.

A further two bedrooms can be found on this level, along with a full bathroom and laundry incorporating a WC. Featuring a low maintenance, fully-fenced, lawned yard, this property also includes a single garage plus carport.

Only steps from Fenwick Park and playground, as well as Blackwood Street's vibrant array of dining, bars, cafes and shops, this ultra convenient location is an easy walk to the local primary and high schools, as well as Mitchelton train station delivering you to Central in just 20 minutes.

Cleverly updated to maximise its highly connected position walkable to the area's best, this turnkey property is a smart investment or perfectly placed dual living opportunity for bigger households. Don't miss your chance to secure this rare offering, presenting flexibility and opportunity in a fast-ascending locale less than 10 kilometres from the city centre.

Listing description written by Alistair Macmillan, Ray White Wilston — reproduced as published, not verified by Districts.

Property features

  • Ensuites: 2
  • Toilets: 3
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.