QLD/
Millmerran

Suburb Profile

Millmerran - FREE SUBURB PROFILE REPORT
POSTAL CODE: QLD,4357

house

Based on its average 5-year and quarterly capital gains MILLMERRAN, 4357 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that MILLMERRAN, 4357 obtained a 5.82% growth over a ten-year period. It ranks 1270th on our list of suburbs that property investors should look into.

MILLMERRAN, 4357 in QLD belongs to the local government area of Toowoomba.

MILLMERRAN, 4357 has a capital gain of 30.81% for the past year, which is higher than average compared to its 12.56% growth within a five-year period.

With the median home price in MILLMERRAN sitting at $242,000, and the average rent at $250, property owners could potentially earn a 5.37% increase in gross rental yield.

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

A 30.81% increase in median property prices in MILLMERRAN, 4357 has allowed this suburb to join the ranks of best performing suburbs in QLD, settling at number 8th.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $242,000 N/A
GROWTH REPORT
Median Quarterly -2.22% N/A
Median 12 month 30.81% N/A
Median 3 years 15.24% N/A
Median 5 years 12.56% N/A
10 years average annual 5.82% N/A
Weekly media advert. rent $250 N/A
Time on Market 94.0 days N/A
Gross Rental Yield Percent 5.37% N/A
demographics (median values)
Total Population
1220
Weekly Household Income
720.9
Household Size
2.40
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