Suburb Profile Report for Milton QLD (4064)

Milton House: Median price $933,500, Annual capital growth 7.96%, Number of sales 26, Weekly median advertised rent $560

Milton Unit: Median price $579,000, Annual capital growth 5.69%, Number of sales 106, Weekly median advertised rent $485

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

Source: CoreLogic

  • House Report
  • Unit Report

Property investors who have had real estate in Milton, 4064 should be pleased with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 22.75%

Comparing Milton,4064 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Sellers are offering property buyers an average discount of -9.04% to buyers in Milton at the moment, which is less than average for the rest of QLD.

Using the current median advertised rental of $560 and the average annual increase in value of a median property of 7.96%, investors should hope to achieve an overall return of 3.12%

Over the last year, property investments in Milton, 4064 have given investors a capital gain of 0.87%. This compares averagely with the 1.23% for QLD as a whole.

A 14.65% growth in median value for property investors in Milton,4064 puts this suburb at number 209th in terms of best performing suburbs in QLD

State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.79% offered to property buyers. Sellers in Milton itself are offering an average vendor discount of -8.68% to real estate investors.

Often selling an investment property can take time, and in Milton the average time real estate has been on the market is 104.56 days.

A $485 per week rent on the median house gives suburb investors a gross yield of circa 4.36%, without taking into account capital value appreciation, which has been averaging out at 5.69%.

HOUSE UNIT
$933,500 $579,000
2.87% -0.52%
22.75% 0.87%
7.96% 5.69%
$560 $485
26 106
3.12% 4.36%
34.5 104.56

Source: CoreLogic

DSR Score for property investment : Below average (U), Above average (H)
Find a mortgage broker in Milton QLD
Demographics
Total population 1987
Median household income ($/weekly) 1798
Median age of persons 30
Median housing loan repayment ($/monthly) 2400
Average household size 2.2
  • Census Count Percent(%)
    20-24 years 297 14.9
    25-34 years 636 32.0
    35-44 years 284 14.3
    45-54 years 201 10.1
    55-64 years 149 7.5
    Others 421 21.2
    Age Group
    Census Count Percent(%)
    Not Married 840 53.5
    Registered Married 489 31.1
    Defacto Relationship 241 15.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 1263 66.8
    Italy 32 1.7
    Papua New Guinea 72 3.8
    United Kingdom 99 5.2
    Other 158 8.4
    Others 267 14.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 33 1.8
    Christianity 1052 57.5
    Hinduism 42 2.3
    Islam 28 1.5
    No Religion 657 35.9
    Others 18 1.0
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 88 11.6
    $2,000-$2,499 79 10.4
    $2,500-$2,999 115 15.2
    $3,000-$3,499 66 8.7
    $4,000 or more 58 7.6
    Others 353 46.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 866 51.5
    Not in the labour force 359 21.3
    Employed, worked part-time 329 19.6
    Employed, away from work 66 3.9
    Unemployed, looking for work 62 3.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 170 13.4
    Professionals 497 39.3
    Technicians & trades workers 120 9.5
    Community & personal service workers 102 8.1
    Clerical & administrative workers 185 14.6
    Others 191 15.1
    Occupation
    Census Count Percent(%)
    Pre-school 21 4.0
    Infants/Primary 87 16.7
    Secondary 56 10.8
    Technical or Further Educational Institution 46 8.8
    University or other Tertiary Institutions 292 56.2
    Others 18 3.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 994 54.3
    Flat, unit or apartment 724 39.5
    Semi-detached, row or terrace house, townhouse 114 6.2
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 530 64.2
    Being purchased 177 21.5
    Fully owned 114 13.8
    Other tenure type 4 0.5
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals