MILLICENT 5280
State: SAPosiProp AI Investment Summary
MILLICENT (SA 5280) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 5.3% and has experienced a 12-month capital growth of Up 13.5%, with a median house buy price of $420,000. This combination provides a high-yield positive cashflow potential for investment portfolios in Australia.
Market Yield & Price Indices
$382,000
$405,000
$575,000
$420,000
Suburb Market Profile
Last month Millicent had 7 properties available for rent and 25 properties for sale. Median property prices over the last year range from $420,000 for houses to $342,000 for units. If you are looking for an investment property, consider houses in Millicent rent out for $380 PW with an annual rental yield of 5.3% and units rent for $313 PW with a rental yield of 4.1%. Millicent has seen an annual compound growth rate of 13.5% for houses.
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