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Investment Spotlight • Australia
MIL-LEL 5291
State: SAUpdated: 8 April 2026
PosiProp AI Investment Summary
MIL-LEL (SA 5291) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.0% and has experienced a 12-month capital growth of Down -31.8%, with a median house buy price of $720,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Positive Gearing Potential Verified: Suburb rental index metrics qualify Richmond for positive cash flow portfolios. Review the price brackets and explore the live listings below.
Market Yield & Price Indices
2 house • buy
–
Not available – Yield
3 house • buy
$720,000
Not available 3.7% Yield
4 house • buy
–
Not available 2.9% Yield
all house • buy
$720,000
Down -31.8% 3.0% Yield
Suburb Market Profile
Last month Mil-Lel had 3 properties available for rent and 1 property for sale. Median sold prices over the last year is $720,000 for houses. If you are looking for an investment property, consider houses in Mil-Lel rent out for $430 PW with an annual rental yield of 3.0%. Mil-Lel has seen an annual compound growth rate of -31.8% for houses.
Properties For Sale in MIL-LEL
0 Listings FoundNo active properties currently crawled in this suburb.