Is MILES a good suburb for positive geared property investment in Australia?

MILES in QLD currently features property rental yields up to 6.2% with a 12-month capital growth value of Up 25.0%. Under standard conditions, suburbs with yields above 5.0% represent strong positive gearing potential.

What is the median house price in MILES 4415?

The median house price in MILES 4415 is approximately $462,500 based on the latest tracked market indices.

Investment Spotlight • Australia

MILES 4415

State: QLD

Updated: 6 August 2026

PosiProp AI Investment Summary

MILES (QLD 4415) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 6.2% and has experienced a 12-month capital growth of Up 25.0%, with a median house buy price of $462,500. This combination provides a high-yield positive cashflow 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

$294,750

Up 41.7% 7.1% Yield

3 house • buy

$395,000

Up 39.6% 6.5% Yield

4 house • buy

$502,500

Up 28.9% 5.6% Yield

all house • buy

$462,500

Up 25.0% 6.2% Yield

Suburb Market Profile

Last month Miles had 16 properties available for rent and 15 properties for sale. Median property prices over the last year range from $462,500 for houses to $350,000 for units. If you are looking for an investment property, consider houses in Miles rent out for $490 PW with an annual rental yield of 6.2%. Miles has seen an annual compound growth rate of 25.0% for houses and 40.0% for units.

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