Suburb Profile Report for Milton QLD (4064)

Milton House: Median price $937,000, Annual capital growth 8.28%, Number of sales 28, Weekly median advertised rent $550

Milton Unit: Median price $561,500, Annual capital growth 5.76%, Number of sales 109, Weekly median advertised rent $495

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

Source: CoreLogic

  • House Report
  • Unit Report

Milton is in the TOP 10% in QLD when comparing median price capital growth over the last year. Milton gave property investors a very good capital gain figure when compared to the rest of the state, with 30.14%.

When looking at the potential capital gains offered to property investors over the last 3 years, Milton comes in at number 52th in QLD.

At number 176th of QLD’s most discounted properties, Milton is in the bottom 30% of the state/territory when listing in order of most discounted to least.

With the median price for a house in Milton being $937000 and the advertised rent reaching $550 the gross rental yield for property investors calculates out to be 3.05%

QLD has seen average median house prices change by 0.77% which means that Milton, 4064 has done well for property investors by showing a capital gain of -1.84% over the last year

While Milton,4064 ranked number 292th in QLD for increase in median house value (annualised) increase, it is ranked 96th over the last 5 years.

Property buyers and investors in Milton 4064 should be seeing an average reduction in asking price of around -10.51% . This means that Milton is holding prices well when compared to other suburbs in QLD.

With the median price for a house in Milton being $561500 and the advertised rent reaching $495 the gross rental yield for property investors calculates out to be 4.58%

HOUSE UNIT
$937,000 $561,500
12.22% -3.02%
30.14% -1.84%
8.28% 5.76%
$550 $495
28 109
3.05% 4.58%
34.13 120.76

Source: CoreLogic

DSR Score for property investment : Above average (H), Below average (U)
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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
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Recent sales & rentals