Investment property in Millner has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -14.44%
When looking at the potential capital gains offered to property investors over the last 3 years, Millner comes in at number 46th in NT.
Our latest figures would indicate that property sellers in Millner are currently offering property investors an average price cut of -9.96% below the asking price at the moment.
Advertised rents are around the $500 mark per week – giving a return of 5.42% based on the median price in Suburb
Millner is in the bottom 30% in NT when comparing median price capital growth over the last year. Millner gave property investors a dismal capital gain figure when compared to the rest of the state, with -19.91%.
Situated 7.92km from the CBD, Millner is one of Darwin localities in the postcode 0810.