Property value increases in Millicent have tracked just lower than the SA average of 3.35% over the last 12 months.
Millicent,5280 has offered an average of 1.45% return per annum in house price rises to property investors over the last three years.
Sellers are offering property buyers an average discount of -11.59% to buyers in Millicent at the moment, which is less than average for the rest of SA.
Situated 331.63km from the CBD, Millicent is one of Wattle Range localities in the postcode 5280.
SA has seen average median house prices change by 4.28% which means that Millicent, 5280 has done well for property investors by showing a capital gain of 18.46% over the last year
If we look at median property appreciation over just the last three months, Millicent has given property investors a paper return of 10.22%. This puts Suburb as 22 on a list of fastest fasting appreciating suburbs in SA
Property investors should expect to get $140 weekly from the median priced house in this suburb.