26/28 University Road, Mitchelton, QLD 4053 | Property Value & History | OnTheHouse
 
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26/28 University Road
Mitchelton QLD 4053

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2427m2
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Last updated 15 Dec 2025
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Property Details for 26/28 University Rd, Mitchelton

Building Type
Land
Land Size
2427m2
Local Government
Brisbane

Last Listing description (December 2025)

Key factors of the site are:
Location - Minutes away fromMitcheltonRailway station, positioned within
walking distance to local parks and 500 m from Brookside Shopping Centre.

Tightly held area with the development of new houses on former post war
housing sites
Site is zoned LMR3. On the other side of the road, it is zoned "Mixed Use" -
underlying High Density Residential zone allows for multiple
redevelopment outcomes (STCA).
Potential for units, townhouses or 6 housing lots
41.8 m Frontage
Site area of 2427 Sqm
500 m away from state school
500 m from IGA and other retail shops
200 m from railway station
10 kms from CBD

Development is occurring within the immediate area. DA on a site opposite in the
street (13-19 University Road). It has a mixed-use zoning by project for 2 x 3 storey
apartment buildings, each with a single lift. The yield is 30 units of a 3-bedroom
design with underground car parking. Site is 2427 m2. Yield ratio is 1 unit:78 m2 of
site.
Solid holding income makes this opportunity one not to miss out on.
For enquiries, feel free to contact us to discuss the potential.

We feel the quote by William Plunkett is timely - "3 Things that don't come back: The
spent arrow, the spoken word and the lost opportunity". Ask yourself how often you
see 3 contiguous sites for sale?

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Property History for 26/28 University Rd, Mitchelton, QLD 4053

A timeline of how this property has performed in the market
  • 13 Oct 2024
    Listed for Sale Submit offers
  • 21 Aug 2024
    Listed for Sale Not Disclosed
  • 24 Jun 2022
    Listed for Sale Offers Over $3,900,000
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About Mitchelton 4053

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 4,027 properties. Over the last 5 years, Houses in Mitchelton have seen a 97.79% increase in median value, while Units have seen a 100.14% increase. As at 30 November 2025:

  • The median value for Houses in Mitchelton is $1,367,293 while the median value for Units is $817,179.
  • Houses have a median rent of $675 while Units have a median rent of $650.
There are currently 24 properties listed for sale, and 15 properties listed for rent in Mitchelton on OnTheHouse. According to Cotality's data, 176 properties were sold in the past 12 months in Mitchelton.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

Disclaimer
The Cotality 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 Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.

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