Powered by MOMENTUM MEDIA
Millthorpe
AREA REPORTS

Millthorpe

Millthorpe - 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 19.71%.

Figures from the previous quarter show that capital gains for real estate buyers in the territory are low, 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 $400 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 85.6 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 $592,500.

MILLTHORPE ranks 510th on the list of best yielding suburbs for rental properties in NSW, posting a 3.51% return.

Data report can be found below

Millthorpe
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $592,500 N/A
GROWTH REPORT
Median Quarterly 3.04% N/A
Median 12 month 19.71% N/A
Median 3 years 49.43% N/A
Median 5 years 81.05% N/A
10 years average annual 8.03% N/A
Weekly media advert. rent $400 N/A
Time on Market 85.6 days N/A
Gross Rental Yield Percent 3.51% N/A
demographics (median values)*
Total Population
2101
Weekly Household Income
1687
Household Size
2.70
Age
40
Monthly Loan Repayment
1950
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Get the latest news & updates

Join a community of over 100,000 property investors.

Check this box to receive podcast updates

Related Articles


Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.