Suburb Profile Report for Millthorpe NSW (2798)

Millthorpe House: Median price $402,500, Annual capital growth 8.29%, Number of sales 28, Weekly median advertised rent $330

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

Source: CoreLogic

  • House Report

At number 768th in the list of Australian suburbs ordered by increase in median house value over the last year, Millthorpe, 2798 is in the top 20% with a property value increase of 15.00% recorded in median house prices.

While Millthorpe,2798 ranked number 336th in NSW for increase in median house value (annualised) increase, it is ranked 1198th over the last 5 years.

Our latest figures would indicate that property sellers in Millthorpe are currently offering property investors an average price cut of -4.23% below the asking price at the moment.

At number 701 in a list of fastest selling suburbs, Millthorpe is in the TOP 20% of suburbs in Australia with an average of days on market 50.91 for properties listed there.

Millthorpe, 2798’s gross rental yield is 4.26%

Metrics i HOUSE UNIT
$402,500 N/A
5.37% N/A
15.00% N/A
8.29% N/A
$330 N/A
28 N/A
4.26% N/A
50.91 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Above average (H)
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Demographics
Total population 1109
Median household income ($/weekly) 1601
Median age of persons 38
Median housing loan repayment ($/monthly) 1733
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 185 16.7
    25-34 years 112 10.1
    35-44 years 175 15.8
    45-54 years 154 13.9
    55-64 years 151 13.6
    Others 333 30.0
    Age Group
    Census Count Percent(%)
    Registered Married 383 55.7
    Not Married 235 34.2
    Defacto Relationship 70 10.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 935 92.5
    New Zealand 6 0.6
    Papua New Guinea 15 1.5
    South Africa 6 0.6
    United Kingdom 28 2.8
    Others 21 2.1
    Country of Birth
    Census Count Percent(%)
    Christianity 765 77.4
    No Religion 213 21.5
    Buddhism 8 0.8
    Other Religious Groups 3 0.3
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 26 8.1
    $1,000-$1,249 27 8.4
    $1,250-$1,499 26 8.1
    $1,500-$1,999 55 17.1
    $2,500-$2,999 37 11.5
    Others 151 46.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 325 43.1
    Not in the labour force 238 31.6
    Employed, worked part-time 143 19.0
    Employed, away from work 34 4.5
    Unemployed, looking for work 14 1.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 88 17.5
    Professionals 91 18.1
    Technicians & trades workers 70 13.9
    Clerical & administrative workers 63 12.5
    Machinery operators & drivers 56 11.2
    Others 134 26.7
    Occupation
    Census Count Percent(%)
    Pre-school 23 8.8
    Infants/Primary 117 44.7
    Secondary 66 25.2
    Technical or Further Educational Institution 21 8.0
    University or other Tertiary Institutions 32 12.2
    Others 3 1.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 925 97.2
    Semi-detached, row or terrace house, townhouse 24 2.5
    Flat, unit or apartment 3 0.3
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 163 45.9
    Fully owned 122 34.4
    Rented 65 18.3
    Other tenure type 5 1.4
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals