At number 394th in the list of Australian suburbs ordered by increase in median house value over the last year, Millers Point, 2000 is in the top 10% with a property value increase of 16.43% recorded in median house prices.
Across a shorter period, Millers Point, 2000 has seen a median price increase of 6.00% over the last quarter.
With the median price for a house in Millers Point being $2650000 and the advertised rent reaching $1170 the gross rental yield for property investors calculates out to be 2.30%
NSW has seen average median house prices change by 6.59% which means that Millers Point, 2000 has done well for property investors by showing a capital gain of 48.15% over the last year
Comparing Millers Point,2000 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Millers Point, 2000 is offering NSW ‘s 315th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 40% of discounts offered by this NSW.
Renters in Suburb are facing rents around $11400 per annum or $950 every week.