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

MILLSWOOD in SA currently features property rental yields up to 2.5% with a 12-month capital growth value of Up 2.7%. Under standard conditions, suburbs with yields above 5.0% represent strong positive gearing potential.

What is the median house price in MILLSWOOD 5034?

The median house price in MILLSWOOD 5034 is approximately $1,900,000 based on the latest tracked market indices.

Investment Spotlight • Australia

MILLSWOOD 5034

State: SA

Updated: 6 August 2026

PosiProp AI Investment Summary

MILLSWOOD (SA 5034) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 2.5% and has experienced a 12-month capital growth of Up 2.7%, with a median house buy price of $1,900,000. This combination provides a balanced growth-and-yield 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

$1,500,000

Up 13.6% 2.3% Yield

3 house • buy

$1,820,000

Up 4.0% 2.4% Yield

4 house • buy

$2,387,500

Up 7.9% 2.4% Yield

all house • buy

$1,900,000

Up 2.7% 2.5% Yield

Suburb Market Profile

Last month Millswood had 1 property available for rent and 1 property for sale. Median property prices over the last year range from $1,900,000 for houses to $853,000 for units. If you are looking for an investment property, consider houses in Millswood rent out for $870 PW with an annual rental yield of 2.5% and units rent for $520 PW with a rental yield of 3.6%. Millswood has seen an annual compound growth rate of 2.7% for houses and 35.1% for units.

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