Suburb Profile Report for Millswood SA (5034)

Millswood House: Median price $1,132,500, Annual capital growth 6.93%, Number of sales 24, Weekly median advertised rent $530

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

Source: CoreLogic

  • House Report

SA has seen average median house prices change by 3.17% which means that Millswood, 5034 has done well for property investors by showing a capital gain of 13.82% over the last year

Comparing Millswood,5034 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

LACK OF BUYER INTEREST may well be the reason that Millswood is offering property investors an average of -6.41. This rate of discount on properties puts Suburb at number 41th in terms of most discounted suburbs in SA

Often selling an investment property can take time, and in Millswood the average time real estate has been on the market is 70.15 days.

Metrics i HOUSE UNIT
$1,132,500 N/A
-2.79% N/A
13.82% N/A
6.93% N/A
$530 N/A
24 N/A
2.43% N/A
70.15 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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Demographics
Total population 2043
Median household income ($/weekly) 2068
Median age of persons 42
Median housing loan repayment ($/monthly) 2000
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 282 13.8
    35-44 years 278 13.6
    45-54 years 325 15.9
    55-64 years 310 15.2
    65-74 years 194 9.5
    Others 653 32.0
    Age Group
    Census Count Percent(%)
    Registered Married 933 60.5
    Not Married 520 33.7
    Defacto Relationship 89 5.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 1638 82.9
    Croatia 22 1.1
    Hong Kong 31 1.6
    United Kingdom 119 6.0
    Other 29 1.5
    Others 136 6.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 21 1.1
    Christianity 1236 65.3
    Hinduism 7 0.4
    Other Religious Groups 15 0.8
    No Religion 603 31.9
    Others 10 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 76 11.4
    $2,000-$2,499 62 9.3
    $2,500-$2,999 103 15.5
    $3,000-$3,499 82 12.3
    $4,000 or more 55 8.3
    Others 287 43.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 632 40.0
    Not in the labour force 481 30.4
    Employed, worked part-time 372 23.5
    Employed, away from work 53 3.4
    Unemployed, looking for work 43 2.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 178 16.8
    Professionals 439 41.5
    Technicians & trades workers 82 7.8
    Clerical & administrative workers 130 12.3
    Sales 94 8.9
    Others 135 12.8
    Occupation
    Census Count Percent(%)
    Pre-school 26 4.5
    Infants/Primary 213 37.2
    Secondary 150 26.2
    Technical or Further Educational Institution 25 4.4
    University or other Tertiary Institutions 144 25.2
    Others 14 2.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1841 93.8
    Semi-detached, row or terrace house, townhouse 86 4.4
    Flat, unit or apartment 35 1.8
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 343 47.1
    Being purchased 293 40.2
    Rented 92 12.6
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals