Investment property in Millswood has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 20.51%
If we look at median property appreciation over just the last three months, Millswood has given property investors a paper return of 2.63%. This puts Suburb as 122 on a list of fastest fasting appreciating suburbs in SA
State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.55% offered to property buyers. Sellers in Millswood itself are offering an average vendor discount of -8.00% to real estate investors.
Renters in Suburb are facing rents around $6840 per annum or $570 every week.