Suburb Profile Report for Milton NSW (2538)

Milton House: Median price $760,000, Annual capital growth 9.25%, Number of sales 29, Weekly median advertised rent $370

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

Source: CoreLogic

  • House Report

NSW has seen average median house prices change by 11.06% which means that Milton, 2538 has done well for property investors by showing a capital gain of 16.12% over the last year

Over the longer term, Milton has seen property prices show investors a 77.78% return over the last 3 years. This is worse than over the last 12 months

Property investors looking for a bargain in Milton should be aiming for at least -5.03% off the asking price, which is the average vendor discount being achieved at the moment.

Milton is 980th on a list of best yielding suburbs for rents in NSW with a 2.53% return

Metrics i HOUSE UNIT
$760,000 N/A
5.92% N/A
16.12% N/A
9.25% N/A
$370 N/A
29 N/A
2.53% N/A
119.37 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Balanced (U)
Find a mortgage broker in Milton NSW
Demographics
Total population 1448
Median household income ($/weekly) 770
Median age of persons 51
Median housing loan repayment ($/monthly) 1733
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 159 11.0
    35-44 years 163 11.2
    45-54 years 184 12.7
    55-64 years 227 15.7
    65-74 years 175 12.1
    Others 541 37.3
    Age Group
    Census Count Percent(%)
    Registered Married 484 51.7
    Not Married 383 40.9
    Defacto Relationship 70 7.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 1077 86.0
    Greece 7 0.6
    Papua New Guinea 18 1.4
    United Kingdom 94 7.5
    Other 11 0.9
    Others 45 3.6
    Country of Birth
    Census Count Percent(%)
    Christianity 898 75.1
    No Religion 277 23.2
    Buddhism 16 1.3
    Other Religious Groups 4 0.3
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 50 11.2
    $400-$599 85 19.0
    $600-$799 59 13.2
    $800-$999 53 11.8
    $1,500-$1,999 44 9.8
    Others 157 35.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 518 48.4
    Employed, worked full-time 255 23.8
    Employed, worked part-time 232 21.7
    Employed, away from work 34 3.2
    Unemployed, looking for work 32 3.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 80 15.4
    Professionals 107 20.6
    Technicians & trades workers 64 12.3
    Community & personal service workers 62 11.9
    Sales 74 14.2
    Others 133 25.6
    Occupation
    Census Count Percent(%)
    Pre-school 19 7.1
    Infants/Primary 90 33.8
    Secondary 107 40.2
    Technical or Further Educational Institution 27 10.2
    University or other Tertiary Institutions 19 7.1
    Others 4 1.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1095 94.6
    Flat, unit or apartment 36 3.1
    Caravan, cabin, houseboat 20 1.7
    Semi-detached, row or terrace house, townhouse 6 0.5
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 217 44.6
    Being purchased 152 31.2
    Rented 99 20.3
    Other tenure type 19 3.9
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals