Is MILLICENT a good suburb for positive geared property investment in Australia?

MILLICENT in SA currently features property rental yields up to 5.8% with a 12-month capital growth value of Up 7.5%. Under standard conditions, suburbs with yields above 5.0% represent strong positive gearing potential.

What is the median house price in MILLICENT 5280?

The median house price in MILLICENT 5280 is approximately $392,500 based on the latest tracked market indices.

Investment Spotlight • Australia

MILLICENT 5280

State: SA

Updated: 8 April 2026

PosiProp AI Investment Summary

MILLICENT (SA 5280) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 5.8% and has experienced a 12-month capital growth of Up 7.5%, with a median house buy price of $392,500. This combination provides a high-yield positive cashflow potential for investment portfolios in Australia.

Positive Gearing Potential Verified: Suburb rental index metrics qualify Richmond for positive cash flow portfolios. Review the price brackets and explore the live listings below.

Market Yield & Price Indices

2 house • buy

$313,250

Down -2.9% 5.8% Yield

3 house • buy

$368,750

Up 3.9% 5.9% Yield

4 house • buy

$575,000

0.0% 4.9% Yield

all house • buy

$392,500

Up 7.5% 5.8% Yield

Suburb Market Profile

Last month Millicent had 6 properties available for rent and 30 properties for sale. Median property prices over the last year range from $392,500 for houses to $325,000 for units. If you are looking for an investment property, consider houses in Millicent rent out for $350 PW with an annual rental yield of 5.8% and units rent for $283 PW with a rental yield of 4.0%. Millicent has seen an annual compound growth rate of 7.5% for houses and 27.5% for units.

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