11 Princess St, Mitchelton is a 5 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 809m2. While the property is not currently for sale or for rent, it was last sold in February 2026. There are other 5 bedroom House sold in Mitchelton in the last 12 months.
Held within the same family for two generations, 11 Princess Street represents a once in a lifetime offering in one of Mitchelton's most tightly held hilltop pockets. Set on 809 square metres with a commanding 20.1 metre frontage, this elevated position captures some of Brisbane's most breathtaking views, stretching unbroken across the city skyline and surrounds. It is a landholding of rare calibre, unmatched in outlook, potential and future promise.
The opportunities here are extraordinary. Call your architect and begin shaping a one-of-a-kind masterpiece that takes full advantage of the site's width and natural elevation. The frontage allows for an impressive architectural statement, while the backdrop of sweeping, panoramic views provides the perfect canvas to design a home unlike anything else in Brisbane. With a highly desirable north-facing rear, the orientation invites clever design that incorporates light, warmth and year-round liveability, all while framing those remarkable vistas from the key living zones.
Alternatively, subject to council approval, the site presents the prospect of creating two executive residences in a location where surrounding resale values are exceptionally strong. Premium homes in nearby Constancia Street, Gimba Street and Cranbrook Street highlight the depth of demand for high-end living in this ridge-top pocket, reinforcing the long-term value that a dual-residence project could achieve.
The existing five bedroom, two bathroom home also opens the door to an exceptionally savvy investment strategy. With the ability to rent the property after some 'TLC', buyers can secure a foothold in one of Mitchelton's most valuable ridge-top positions while allowing the land to appreciate over time. It offers the rare chance to buy and hold a premium site with enormous future potential, preserving the opportunity to redevelop, subdivide or create a luxury residence when the moment is right. The views from the current structure are already remarkable and only hint at what could be achieved with an elevated or newly designed home in the years ahead.
Opportunities of this scale and scope are seldom offered. 11 Princess Street stands as one of the most remarkable positions in Brisbane, offering the chance to create something truly exceptional in a location that rarely presents itself to the open market.
Location:
• 450m to Mitch and Antler Café
• 800m to Blackwood Street Restaurant and Café Precinct
• 800m to Sid Loder Park
• 850m to Our Lady of Dolours Catholic Primary School
• 950m to Fenwick Park
• 950m to Mitchelton State School
• 1.1km to Mitchelton Train Station
• 1.2km to Mitchelton State High School
• 1.3km to Mt Maria College
• 1.4km to Brookside Shopping Centre
• 2km to Teralba Park
• 7.7km to Brisbane CBD
Phone Haydn Denovan for more information.
The size of Mitchelton is approximately 4.2 square kilometres. It has 17 parks covering nearly 7.3% of total area. The population of Mitchelton in 2016 was 8559 people. By 2021 the population was 9244 showing a population growth of 8.0% in the area during that time. The predominant age group in Mitchelton is 40-49 years. Households in Mitchelton are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mitchelton work in a professional occupation.In 2021, 60.40% of the homes in Mitchelton were owner-occupied compared with 60.70% in 2016.
Mitchelton has 4,026 properties. Over the last 5 years, Houses in Mitchelton have seen a 93.00% increase in median value, while Units have seen a 107.02% increase. As at 28 February 2026:
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