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 4.9% and has experienced a 12-month capital growth of Up 14.0%, with a median house buy price of $610,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$560,000
$592,500
$684,500
$610,000
Suburb Market Profile
Last month Millbank had 11 properties available for rent and 10 properties for sale. Median property prices over the last year range from $610,000 for houses to $498,000 for units. If you are looking for an investment property, consider houses in Millbank rent out for $595 PW with an annual rental yield of 4.9% and units rent for $400 PW with a rental yield of 5.4%. Millbank has seen an annual compound growth rate of 14.0% for houses and 24.5% for units.