Investment property in Millgrove has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 9.51%
When looking at the potential capital gains offered to property investors over the last 3 years, Millgrove comes in at number 323th in VIC.
LACK OF BUYER INTEREST may well be the reason that Millgrove is offering property investors an average of -5.99. This rate of discount on properties puts Suburb at number 456th in terms of most discounted suburbs in VIC
At number 776 in a list of fastest selling suburbs, Millgrove is in the TOP 30% of suburbs in Australia with an average of days on market 55.4 for properties listed there.
Millgrove is 106th on a list of best yielding suburbs for rents in VIC with a 5.09% return