At number 290th in the list of Australian suburbs ordered by increase in median house value over the last year, Millswood, 5034 is in the top 10% with a property value increase of 18.33% recorded in median house prices.
Comparing Millswood,5034 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Vendor discounting in Millswood is giving property investors an average Vendor Discount of around -8.00%. This puts suburb at number 67th in SA when ranking the most discounted suburbs.
Using the current median advertised rental of $570 and the average annual increase in value of a median property of 7.37%, investors should hope to achieve an overall return of 2.78%