Over the last year, property investments in Millswood, 5034 have given investors a capital gain of 25.20%. This compares very favourably with the 2.92% for SA as a whole.
When looking at the potential capital gains offered to property investors over the last 3 years, Millswood comes in at number 3rd in SA.
Sellers are offering property buyers an average discount of -8.92% to buyers in Millswood at the moment, which is less than average for the rest of SA.
In the last year 21 properties changed hands in Millswood, which puts it as the 365th most active market in SA when comparing the number of sales per suburb.
A $495 per week rent on the median house gives suburb investors a gross yield of circa 2.21%, without taking into account capital value appreciation, which has been averaging out at 7.25%.