MILLARS WELL 6714
State: WAPosiProp AI Investment Summary
MILLARS WELL (WA 6714) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 9.8% and has experienced a 12-month capital growth of Up 22.0%, with a median house buy price of $680,000. This combination provides a high-yield positive cashflow potential for investment portfolios in Australia.
Market Yield & Price Indices
$515,000
$650,000
$735,000
$680,000
Suburb Market Profile
Last month Millars Well had 12 properties available for rent and 18 properties for sale. Median property prices over the last year range from $680,000 for houses to $525,000 for units. If you are looking for an investment property, consider houses in Millars Well rent out for $1,300 PW with an annual rental yield of 9.8% and units rent for $1,000 PW with a rental yield of 13.3%. Millars Well has seen an annual compound growth rate of 22.0% for houses and 38.2% for units.
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