MILLBANK 4670
State: QLDPosiProp AI Investment Summary
MILLBANK (QLD 4670) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 4.8% and has experienced a 12-month capital growth of Up 5.9%, with a median house buy price of $630,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$582,500
$622,500
$675,000
$630,000
Suburb Market Profile
Last month Millbank had 6 properties available for rent and 19 properties for sale. Median property prices over the last year range from $630,000 for houses to $617,500 for units. If you are looking for an investment property, consider houses in Millbank rent out for $593 PW with an annual rental yield of 4.8% and units rent for $410 PW with a rental yield of 5.1%. Millbank has seen an annual compound growth rate of 5.9% for houses and 64.7% for units.
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