Suburb Profile Report for Milang SA (5256)

Milang House: Median price $232,500, Annual capital growth 3.49%, Number of sales 37, Weekly median advertised rent $280

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

Source: CoreLogic

  • House Report

With a capital gain of -3.93% for the last 12 months, Milang, 5256 has performed for property investments than its average annual 3.49% property growth over the last 5 years.

While Milang,5256 ranked number 105th in SA for increase in median house value (annualised) increase, it is ranked 341th over the last 5 years.

Property buyers and investors in Milang 5256 should be seeing an average reduction in asking price of around -8.87% . This means that Milang is holding prices well when compared to other suburbs in SA.

Metrics i HOUSE UNIT
$232,500 N/A
3.33% N/A
-3.93% N/A
3.49% N/A
$280 N/A
37 N/A
6.26% N/A
145.19 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 882
Median household income ($/weekly) 757
Median age of persons 46
Median housing loan repayment ($/monthly) 1300
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 94 10.7
    35-44 years 94 10.7
    45-54 years 123 13.9
    55-64 years 189 21.4
    65-74 years 106 12.0
    Others 276 31.3
    Age Group
    Census Count Percent(%)
    Registered Married 344 50.3
    Not Married 262 38.3
    Defacto Relationship 78 11.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 701 81.5
    Greece 6 0.7
    Papua New Guinea 13 1.5
    United Kingdom 106 12.3
    Other 12 1.4
    Others 22 2.6
    Country of Birth
    Census Count Percent(%)
    Christianity 493 62.8
    No Religion 279 35.5
    Buddhism 7 0.9
    Other Religious Groups 6 0.8
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 38 11.1
    $400-$599 66 19.4
    $600-$799 56 16.4
    $1,000-$1,249 28 8.2
    $1,500-$1,999 41 12.0
    Others 112 32.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 300 41.8
    Employed, worked full-time 226 31.5
    Employed, worked part-time 145 20.2
    Unemployed, looking for work 25 3.5
    Employed, away from work 21 2.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 77 19.6
    Technicians & trades workers 61 15.6
    Community & personal service workers 44 11.2
    Clerical & administrative workers 46 11.7
    Labourers 69 17.6
    Others 95 24.2
    Occupation
    Census Count Percent(%)
    Pre-school 10 6.4
    Infants/Primary 63 40.1
    Secondary 50 31.8
    Technical or Further Educational Institution 16 10.2
    University or other Tertiary Institutions 12 7.6
    Others 6 3.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 828 97.9
    Semi-detached, row or terrace house, townhouse 13 1.5
    Caravan, cabin, houseboat 5 0.6
    Flat, unit or apartment 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 158 42.8
    Fully owned 147 39.8
    Rented 60 16.3
    Other tenure type 4 1.1
    Tenure Type
Census 2011, ABS
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