Millbridge

POSTAL CODE: WA, 6232

HOUSE

Based on its average 5-year and quarterly capital gains MILLBRIDGE, 6232 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 MILLBRIDGE, 6232 obtained a 6.6% growth over a ten-year period. It ranks 2244th on our list of suburbs that property investors should look into.

MILLBRIDGE, 6232 in WA belongs to the local government area of Dardanup.

MILLBRIDGE, 6232 has a capital gain of 19.26% for the past year, which is higher than average compared to its 94.21% growth within a five-year period.

With the median home price in MILLBRIDGE sitting at $805,000, and the average rent at $720, property owners could potentially earn a 4.65% increase in gross rental yield.

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

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$805,000	N/A
Growth Report
Median Quarterly	0.63%	N/A
Median 12 month	19.26%	N/A
Median 3 years	53.33%	N/A
Median 5 years	94.21%	N/A
10 years average annual	6.6%	N/A
Weekly media advert. rent	$720	N/A
Time on Market	40.3 days	N/A
Gross Rental Yield Percent	4.65%	N/A

Demographics (Median Values)*

Total Population 10886

Weekly Household Income 1527

Household Size 2.60

Average Age 36

Monthly Loan Repayment 1800

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

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