Suburb Profile Report for Milton NSW (2538)

Milton House: Median price $649,000, Annual capital growth 6.75%, Number of sales 39, Weekly median advertised rent $360

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

Source: CoreLogic

  • House Report

Property value increases in Milton have tracked higher than the NSW average of 7.93% over the last 12 months.

Taking the average capital gain, or increase in median house value, Milton,2538 has racked up an average of 33.54% over the period. This ranks it number 766th in the whole country for real estate investors looking at median house price increases.

Property buyers and investors in Milton 2538 should be seeing an average reduction in asking price of around -5.11% . This means that Milton is holding prices well when compared to other suburbs in NSW.

At number 2531 in a list of fastest selling suburbs, Milton is in the bottom 40% of suburbs in Australia with an average of days on market 96.42 for properties listed there.

Advertised rents are around the $360 mark per week – giving a return of 2.88% based on the median price in Suburb

HOUSE UNIT
$649,000 N/A
10.94% N/A
33.54% N/A
6.75% N/A
$360 N/A
39 N/A
2.88% N/A
96.42 N/A

Source: CoreLogic

DSR Score for property investment : Very good (U), Good (H)
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