Suburb Profile Report for Milton QLD (4064)

Milton House: Median price $965,000, Annual capital growth 5.07%, Number of sales 30, Weekly median advertised rent $555

Milton Unit: Median price $510,048, Annual capital growth 3.14%, Number of sales 117, Weekly median advertised rent $490

  • 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 16.97%

Vendor discounting in Milton is giving property investors an average Vendor Discount of around -9.81%. This puts suburb at number 142th in QLD when ranking the most discounted suburbs.

Property investors should expect to get $555 weekly from the median priced house in this suburb.

Property value increases in Milton have tracked lower than the QLD average of 0.65% over the last 12 months.

Taking the average capital gain, or increase in median house value, Milton,4064 has racked up an average of -11.76% over the period. This ranks it number 1489th in the whole country for real estate investors looking at median house price increases.

LACK OF BUYER INTEREST may well be the reason that Milton is offering property investors an average of -6.05. This rate of discount on properties puts Suburb at number 12th in terms of most discounted suburbs in QLD

On average over the past year, suburb has had 9.75 sales per month, which equates to 117 per year.

Situated 1.17km from the CBD, Milton is one of Brisbane localities in the postcode 4064.

Metrics i HOUSE UNIT
$965,000 $510,048
N/A -7.10%
16.97% -11.76%
5.07% 3.14%
$555 $490
30 117
2.99% 5.00%
32.58 102.92

Source: CoreLogic

DSR Score for property investment : Balanced (H), Balanced (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
Chart Table
Recent sales & rentals