If you compare the increase in value of investment property in Millbank, 4670 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -0.19%.
Comparing Millbank,4670 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Millbank4670 is located in QLD which offers an average discount of -7.32% to property investors. Millbank itself is showing figures that indicate -8.00% is the average achievable by property buyers investing in the suburb.
Using the current median advertised rental of $290 and the average annual increase in value of a median property of 1.34%, investors should hope to achieve an overall return of 6.22%