Millstream

POSTAL CODE: QLD, 4888

HOUSE

Property investors have seen a -2.72% drop in MILLSTREAM based on a decrease in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains MILLSTREAM, 4888 saw average growth in the long term.

The QLD 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 $447,500

Profits averaged 7% per annum over a 3-year period, due to an upward trend in home prices in MILLSTREAM, 4888.

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

The gross rental yield in MILLSTREAM, 4888 is N/A.

An average of 2.83 real estate transactions take place per month in MILLSTREAM which translates to 34 per annum.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$447,500	N/A
Growth Report
Median Quarterly	-2.72%	N/A
Median 12 month	1.7%	N/A
Median 3 years	21.77%	N/A
Median 5 years	59.82%	N/A
10 years average annual	7.03%	N/A
Weekly media advert. rent	N/A	N/A
Time on Market	85.6 days	N/A
Gross Rental Yield Percent	0%	N/A

Demographics (Median Values)*

Total Population 755

Weekly Household Income 556.9

Household Size 2.40

Average Age 46

Monthly Loan Repayment 800

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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