Suburb Profile Report for Milperra NSW (2214)

Milperra House: Median price $840,000, Annual capital growth 7.14%, Number of sales 48, Weekly median advertised rent $530

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

At number 1048th in the list of Australian suburbs ordered by increase in median house value over the last year, Milperra, 2214 is in the top 30% with a property value increase of 10.53% recorded in median house prices.

If we look at median property appreciation over just the last three months, Milperra has given property investors a paper return of 0.00%. This puts Suburb as 834 on a list of fastest fasting appreciating suburbs in NSW

Milperra, 2214 is offering NSW ‘s 695th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this NSW.

Residents and property investors in Milperra have been waiting around 41.94 days to sell a property.

A $530 per week rent on the median house gives suburb investors a gross yield of circa 3.28%, without taking into account capital value appreciation, which has been averaging out at 7.14%.

HOUSE UNIT
$840,000 N/A
0.00% N/A
10.53% N/A
7.14% N/A
$530 N/A
48 N/A
3.28% N/A
41.94 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Very good (U)
Find a mortgage broker in Milperra NSW
Demographics
Total population 3845
Median household income ($/weekly) 1683
Median age of persons 38
Median housing loan repayment ($/monthly) 2200
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 490 12.7
    25-34 years 439 11.4
    35-44 years 553 14.4
    45-54 years 473 12.3
    55-64 years 563 14.6
    Others 1327 34.5
    Age Group
    Census Count Percent(%)
    Registered Married 1756 60.0
    Not Married 993 33.9
    Defacto Relationship 178 6.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 3217 85.4
    Croatia 44 1.2
    Papua New Guinea 48 1.3
    United Kingdom 116 3.1
    Other 74 2.0
    Others 268 7.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 58 1.6
    Christianity 3090 83.8
    Hinduism 10 0.3
    Islam 75 2.0
    No Religion 451 12.2
    Others 3 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 98 8.4
    $1,500-$1,999 186 16.0
    $2,000-$2,499 145 12.5
    $2,500-$2,999 127 10.9
    $3,000-$3,499 103 8.9
    Others 504 43.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1309 43.0
    Not in the labour force 956 31.4
    Employed, worked part-time 592 19.4
    Employed, away from work 106 3.5
    Unemployed, looking for work 83 2.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 222 11.1
    Professionals 309 15.4
    Technicians & trades workers 364 18.2
    Community & personal service workers 187 9.3
    Clerical & administrative workers 458 22.9
    Others 462 23.1
    Occupation
    Census Count Percent(%)
    Pre-school 88 9.6
    Infants/Primary 339 36.9
    Secondary 222 24.2
    Technical or Further Educational Institution 93 10.1
    University or other Tertiary Institutions 163 17.7
    Others 14 1.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3641 98.1
    Semi-detached, row or terrace house, townhouse 52 1.4
    House or flat attached to a shop, office 12 0.3
    Flat, unit or apartment 8 0.2
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 571 45.6
    Fully owned 562 44.9
    Rented 116 9.3
    Other tenure type 3 0.2
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals