Suburb Profile Report for Millfield NSW (2325)

Millfield House: Median price $365,000, Annual capital growth 8.07%, Number of sales 19, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report

With a capital gain of 16.80% for the last 12 months, Millfield, 2325 has performed for property investments than its average annual 8.07% property growth over the last 5 years.

Over the longer term, Millfield has seen property prices show investors a 39.05% return over the last 3 years. This is worse than over the last 12 months

Property investors looking for a bargain in Millfield should be aiming for at least -4.49% off the asking price, which is the average vendor discount being achieved at the moment.

Often selling an investment property can take time, and in Millfield the average time real estate has been on the market is 75.94 days.

HOUSE UNIT
$365,000 N/A
-8.18% N/A
16.80% N/A
8.07% N/A
N/A N/A
19 N/A
N/A N/A
75.94 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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Demographics
Total population 805
Median household income ($/weekly) 1129
Median age of persons 38
Median housing loan repayment ($/monthly) 1517
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 124 15.4
    25-34 years 82 10.2
    35-44 years 116 14.4
    45-54 years 121 15.0
    55-64 years 108 13.4
    Others 255 31.6
    Age Group
    Census Count Percent(%)
    Registered Married 280 50.9
    Not Married 201 36.5
    Defacto Relationship 69 12.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 711 92.3
    Former Yugoslav Republic of Macedonia 3 0.4
    New Zealand 7 0.9
    Papua New Guinea 8 1.0
    United Kingdom 26 3.4
    Others 15 1.9
    Country of Birth
    Census Count Percent(%)
    Christianity 459 63.7
    No Religion 237 32.9
    Hinduism 18 2.5
    Buddhism 7 1.0
    Islam 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 27 10.8
    $600-$799 38 15.2
    $800-$999 23 9.2
    $1,000-$1,249 28 11.2
    $1,500-$1,999 29 11.6
    Others 105 42.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 236 41.3
    Employed, worked full-time 180 31.5
    Employed, worked part-time 103 18.0
    Unemployed, looking for work 29 5.1
    Employed, away from work 24 4.2
    Person Characteristics
  • Census Count Percent(%)
    Professionals 32 10.4
    Technicians & trades workers 61 19.8
    Clerical & administrative workers 31 10.1
    Machinery operators & drivers 50 16.2
    Labourers 54 17.5
    Others 80 26.0
    Occupation
    Census Count Percent(%)
    Pre-school 12 6.4
    Infants/Primary 85 45.5
    Secondary 51 27.3
    Technical or Further Educational Institution 21 11.2
    University or other Tertiary Institutions 15 8.0
    Others 3 1.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 736 98.0
    Improvised home, tent, sleepers out 9 1.2
    Semi-detached, row or terrace house, townhouse 6 0.8
    Flat, unit or apartment 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 117 44.0
    Fully owned 101 38.0
    Rented 45 16.9
    Other tenure type 3 1.1
    Tenure Type
Census 2011, ABS
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