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MillnerMillner - SUBURB PROFILE REPORT
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Property investors have seen a 2.8% gain in MILLNER based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on MILLNER, 810 can rest assured about this NT suburb's performance. The suburb saw median home prices rise by 25%.
Based on its average 5-year and quarterly capital gains MILLNER, 810 saw average growth in the long term.
The NT 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 $550,000
Profits averaged 3.52% per annum over a 3-year period, due to an upward trend in home prices in MILLNER, 810.
This means, real estate investors could earn a rental income of $540 based on current median home prices for the suburb.
The gross rental yield in MILLNER, 810 is 5.11%.
An average of 2.75 real estate transactions take place per month in MILLNER which translates to 33 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $550,000 | $247,500 |
| GROWTH REPORT | ||
| Median Quarterly | 2.8% | 5.32% |
| Median 12 month | 25% | 24.37% |
| Median 3 years | 10.55% | -13.16% |
| Median 5 years | 15.79% | -29.08% |
| 10 years average annual | 1.39% | -3.27% |
| Weekly media advert. rent | $540 | $390 |
| Time on Market | 65.2 days | 73.7 days |
| Gross Rental Yield Percent | 5.11% | 8.19% |
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