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Miller
AREA REPORTS

Miller

Miller - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2168

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

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $622,500.

The downward trend in home prices in MILLER, 2168 averaged -2.68% per annum over a 3-year period.

Average weekly rents on listings have reached the $390 mark, reflecting a 3.26% increase in returns based on the current median price in MILLER.

An average of 2.83 real estate transactions take place per month in MILLER which translates to 34 per annum.

34 properties were sold in MILLER in 2016, making it the 615th most active market in NSW based on total real estate transactions.

MILLER, 2168 places 722nd in Australia based on median property value growth during the quarter.

Data report can be found below

Miller
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $622,500 N/A
GROWTH REPORT
Median Quarterly 1.72% N/A
Median 12 month 11.16% N/A
Median 3 years -8.05% N/A
Median 5 years 9.6% N/A
10 years average annual 8.49% N/A
Weekly media advert. rent $390 N/A
Time on Market 61.8 days N/A
Gross Rental Yield Percent 3.26% N/A
demographics (median values)*
Total Population
43451
Weekly Household Income
1255
Household Size
3.30
Age
33
Monthly Loan Repayment
1863
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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