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.
A steady increase in median property prices over a five-year period in MILLICENT, 5280 translates to a -18.66% capital gain.
MILLICENT, 5280 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 $85,000.
Profits due to an downward trend in home prices in MILLICENT, 5280 averaged -6.22% per annum over a 3-year period.
Home owners selling their properties and realtors in MILLICENT usually have to wait an average of 0.0 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $142.5 mark, reflecting a 8.72% increase in returns based on the current median price in MILLICENT.
MILLICENT, 5280 places 160th in Australia based on median property value growth during the quarter.