AREA REPORTS

Millthorpe

NSW/
Millthorpe

Suburb Profile

Millthorpe - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2798

house

Property investments in MILLTHORPE fare well against the rest of the country last year, registering a median home price increase of 12.6%.

Figures from the previous quarter show that capital gains for real estate buyers in the territory are high, as opposed to average gains per annum over the past five years.

Based on its average 5-year and quarterly capital gains MILLTHORPE, 2798 saw average growth in the long term.

Real estate investors could earn a rental income of $375 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 116.9 days.

Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $442,500.

MILLTHORPE ranks 253rd on the list of best yielding suburbs for rental properties in NSW, posting a 4.41% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $442,500 N/A
GROWTH REPORT
Median Quarterly 11.6% N/A
Median 12 month 12.6% N/A
Median 3 years 22.92% N/A
Median 5 years 12.03% N/A
10 years average annual 5.06% N/A
Weekly media advert. rent $375 N/A
Time on Market 116.9 days N/A
Gross Rental Yield Percent 4.41% N/A
demographics (median values)
Total Population
1213
Weekly Household Income
1069
Household Size
2.70
demographics
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