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Milton

POSTAL CODE: QLD, 4064
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Property investors enjoyed capital gains of 21.21% over the last 12 months in MILTON, translating to lower returns compared with its peers in QLD.

A survey of average capital gains or median home price increase in suburbs across the country shows that the QLD suburb obtained a 15.72% growth over a ten-year period. It ranks 3719th on our list of suburbs that property investors should look into.

MILTON, 4064 has a capital gain of 21.21% for the past year, which is higher than average compared to its 73.06% growth within a five-year period.

With the median home price in MILTON sitting at $1,557,500, and the average rent at $922.5, property owners could potentially earn a 3.08% increase in gross rental yield.

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

MILTON, 4064 in QLD belongs to the local government area of Brisbane.

Surburb overview

Milton, located just 2 kilometres west of Brisbane’s CBD, is a vibrant inner-city suburb known for its mix of residential, commercial, and entertainment precincts. The suburb has a population of approximately 2,289 people, with the predominant age group being 20-29 years, making it popular among young professionals and singles.

A blend of historic homes and modern apartments characterises Milton's property market. The median house price in Milton is currently around $1,528,407, while units are priced at approximately $620,000. The rental market is active, with median weekly rents at $750 for houses and $620 for units, yielding rental returns of 2.89% for houses and 5.77% for units.

The suburb’s amenities include the well-known Park Road precinct, which features a range of cafes, restaurants, and boutique shops. Milton is also home to the iconic Suncorp Stadium and Castlemaine Brewery, adding to its cultural and entertainment appeal.

Public transport is highly accessible, with Milton Railway Station and multiple bus routes connecting the suburb to Brisbane’s CBD and surrounding areas. The suburb’s proximity to key educational institutions like Milton State School further enhances its appeal to families.

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