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AREA REPORTS

Millner

Suburb Profile

Millner - FREE SUBURB PROFILE REPORT
POSTAL CODE: NT,810

house
unit

Property investors have seen a -13.2% drop in MILLNER based on a decrease in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains MILLNER, 810 saw average decrease 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 $386,250

Profits averaged -6.51% per annum over a 3-year period, due to an downward trend in home prices in MILLNER, 810.

This means, real estate investors could earn a rental income of $450 based on current median home prices for the suburb.

The gross rental yield in MILLNER, 810 is 6.06%.

An average of 1.33 real estate transactions take place per month in MILLNER which translates to 16 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $386,250 $235,000
GROWTH REPORT
Median Quarterly -13.2% -12.96%
Median 12 month -22.36% -16.81%
Median 3 years -19.53% -33.8%
Median 5 years -30.03% -47.01%
10 years average annual -1.8% -2.53%
Weekly media advert. rent $450 $337.5
Time on Market 0.0 days 0.0 days
Gross Rental Yield Percent 6.06% 7.47%
demographics (median values)
Total Population
2370
Weekly Household Income
1098
Household Size
2.50
demographics
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