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Milperra
AREA REPORTS

Milperra

Milperra - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2214

house

Property investors have seen a 2.26% gain in MILPERRA based on an increase in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains MILPERRA, 2214 saw average growth in the long term.

The NSW suburb also 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 $950,000

Profits averaged 1.31% per annum over a 3-year period, due to an upward trend in home prices in MILPERRA, 2214.

This means, real estate investors could earn a rental income of $580 based on current median home prices for the suburb.

The gross rental yield in MILPERRA, 2214 is 3.17%.

An average of 4.75 real estate transactions take place per month in MILPERRA which translates to 57 per annum.

Data report can be found below

Milperra
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $950,000 N/A
GROWTH REPORT
Median Quarterly 2.26% N/A
Median 12 month 9.2% N/A
Median 3 years 3.94% N/A
Median 5 years 12.69% N/A
10 years average annual 5.98% N/A
Weekly media advert. rent $580 N/A
Time on Market 51.0 days N/A
Gross Rental Yield Percent 3.17% N/A
demographics (median values)*
Total Population
3952
Weekly Household Income
1851
Household Size
3.00
Age
39
Monthly Loan Repayment
2253
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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