Millgrove is in the bottom 20% in VIC when comparing median price capital growth over the last year. Millgrove gave property investors a dismal capital gain figure when compared to the rest of the state, with -0.89%.
If we look at median property appreciation over just the last three months, Millgrove has given property investors a paper return of -1.14%. This puts Suburb as 600 on a list of fastest fasting appreciating suburbs in VIC
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.80% offered to property buyers. Sellers in Millgrove itself are offering an average vendor discount of -4.01% to real estate investors.
Millgrove, 3799’s gross rental yield is 5.20%