MILLENDON 6056
State: WAPosiProp AI Investment Summary
MILLENDON (WA 6056) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 2.9% and has experienced a 12-month capital growth of Up 50.8%, with a median house buy price of $2,375,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
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$1,600,000
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$2,375,000
Suburb Market Profile
Last month Millendon had 2 properties available for rent and 4 properties for sale. Median sold prices over the last year is $2,375,000 for houses. If you are looking for an investment property, consider houses in Millendon rent out for $785 PW with an annual rental yield of 2.9%. Millendon has seen an annual compound growth rate of 50.8% for houses.
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