Suburb Profile
Millicent - FREE SUBURB PROFILE REPORT POSTAL CODE: SA,5280
Based on its average 5-year and quarterly capital gains MILLICENT, 5280 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 MILLICENT, 5280 obtained a 1.51% growth over a ten-year period. It ranks 3402nd on our list of suburbs that property investors should look into.
MILLICENT, 5280 in SA belongs to the local government area of Wattle Range.
MILLICENT, 5280 has a capital gain of 10.06% for the past year, which is higher than average compared to its 1.6% growth within a five-year period.
With the median home price in MILLICENT sitting at $175,000, and the average rent at $210, property owners could potentially earn a 6.24% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in MILLICENT are high, as opposed to average gains per annum over the past five years.
A 10.06% increase in median property prices in MILLICENT, 5280 has allowed this suburb to join the ranks of best performing suburbs in SA, settling at number 89th.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $175,000 | $85,000 |
| GROWTH REPORT | ||
| Median Quarterly | 1.45% | -10.53% |
| Median 12 month | 10.06% | -32.54% |
| Median 3 years | 25.9% | -18.66% |
| Median 5 years | 1.6% | 30.77% |
| 10 years average annual | 1.51% | -0.37% |
| Weekly media advert. rent | $210 | $142.5 |
| Time on Market | 167.4 days | 0.0 days |
| Gross Rental Yield Percent | 6.24% | 8.72% |
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