Millicent, 5280 ranked 43th in SA when comparing growth in median property values or capital gain over the last 12 months. Millicent is one of 853 in our list for SA
Millicent,5280 was ranked 145 in Australia by increase in median property value over the quarter.
Property buyers and investors in Millicent 5280 should be seeing an average reduction in asking price of around -9.27% . This means that Millicent is holding prices well when compared to other suburbs in SA.
Using the current median advertised rental of $200 and the average annual increase in value of a median property of 0.47%, investors should hope to achieve an overall return of 6.40%
If you compare the increase in value of investment property in Millicent, 5280 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this SA suburb was 7.89%.
Millicent5280 is located in SA which offers an average discount of -6.26% to property investors. Millicent itself is showing figures that indicate -4.20% is the average achievable by property buyers investing in the suburb.
Millicent, 5280’s gross rental yield is 5.92%