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Millner
AREA REPORTS

Millner

Millner - SUBURB PROFILE REPORT
POSTAL CODE: NT, 810

house
unit

Property investors have seen a 0.63% 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 18.15%.

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 $480,000

Profits averaged -0.34% 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 $470 based on current median home prices for the suburb.

The gross rental yield in MILLNER, 810 is 5.09%.

An average of 1.75 real estate transactions take place per month in MILLNER which translates to 21 per annum.

Data report can be found below

Millner
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $480,000 $235,000
GROWTH REPORT
Median Quarterly 0.63% 6.82%
Median 12 month 18.15% 23.68%
Median 3 years -1.03% N/A
Median 5 years 0% -34.72%
10 years average annual -0.38% -1.3%
Weekly media advert. rent $470 $350
Time on Market 0.0 days 73.0 days
Gross Rental Yield Percent 5.09% 7.74%
demographics (median values)*
Total Population
33302
Weekly Household Income
2107
Household Size
2.80
Age
34
Monthly Loan Repayment
2167
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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