Over the last year, property investments in Millgrove, 3799 have given investors a capital gain of 9.39%. This compares averagely with the 7.80% for VIC as a whole.
Taking the average capital gain, or increase in median house value, Millgrove,3799 has racked up an average of 9.39% over the period. This ranks it number 1551th in the whole country for real estate investors looking at median house price increases.
Our latest figures would indicate that property sellers in Millgrove are currently offering property investors an average price cut of -4.52% below the asking price at the moment.
On average over the past year, suburb has had 4.50 sales per month, which equates to 54 per year.