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Millers Point
AREA REPORTS

Millers Point

Millers Point - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2000

unit

Property investors have seen a 0% gain in MILLERS POINT based on an increase in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains MILLERS POINT, 2000 saw average growth in the long term.

MILLERS POINT, 2000 delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $1,900,000.

Profits due to an upward trend in home prices in MILLERS POINT, 2000 averaged 9.9% per annum over a 3-year period.

This number can mean, real estate investors could earn a rental income of $797.5 based on current median home prices for the suburb.

The gross rental yield in MILLERS POINT, 2000 is 2.18%.

An average of 1.75 real estate transactions take place per month in MILLERS POINT which translates to 21 per annum.

Data report can be found below

Millers Point
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price N/A $1,900,000
GROWTH REPORT
Median Quarterly N/A 0%
Median 12 month N/A -5%
Median 3 years N/A 29.69%
Median 5 years N/A 42.86%
10 years average annual N/A 13.9%
Weekly media advert. rent N/A $797.5
Time on Market N/A 63.7 days
Gross Rental Yield Percent N/A 2.18%
demographics (median values)*
Total Population
27411
Weekly Household Income
1943
Household Size
2.40
Age
30
Monthly Loan Repayment
2500
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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string(31) "Profile:MILLERS POINT State:NSW"

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