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Millers Point

Suburb Profile

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

unit

Property investors have seen a 9.11% gain in MILLERS POINT based on an increase in median home prices for the past three months.

Homeowners and real estate investors betting on MILLERS POINT, 2000 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 38.89%.

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 $2,125,000.

Profits due to an upward trend in home prices in MILLERS POINT, 2000 averaged 7.85% per annum over a 3-year period.

This number can mean, real estate investors could earn a rental income of $1100 based on current median home prices for the suburb.

The gross rental yield in MILLERS POINT, 2000 is 2.69%.

An average of 2.5 real estate transactions take place per month in MILLERS POINT which translates to 30 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price N/A $2,125,000
GROWTH REPORT
Median Quarterly N/A 9.11%
Median 12 month N/A 38.89%
Median 3 years N/A 23.55%
Median 5 years N/A 83.98%
10 years average annual N/A 10.69%
Weekly media advert. rent N/A $1100
Time on Market N/A 100.6 days
Gross Rental Yield Percent N/A 2.69%
demographics (median values)
Total Population
2015
Weekly Household Income
1266
Household Size
1.80
demographics
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