Suburb Profile Report for Millbridge WA (6232)

Millbridge House: Median price $450,000, Annual capital growth 15.66%, Number of sales 41, Weekly median advertised rent $400

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

Millbridge is in the TOP 20% in WA when comparing median price capital growth over the last year. Millbridge gave property investors a very good capital gain figure when compared to the rest of the state, with 2.27%.

When looking at the potential capital gains offered to property investors over the last 3 years, Millbridge comes in at number 60th in WA.

At number 379th of WA’s most discounted properties, Millbridge is in the TOP 20% of the state/territory when listing in order of most discounted to least.

Millbridge, 6232’s gross rental yield is 4.62%

HOUSE UNIT
$450,000 N/A
0.00% N/A
2.27% N/A
15.66% N/A
$400 N/A
41 N/A
4.62% N/A
109 N/A

Source: CoreLogic

DSR Score for property investment : Below average (H), Balanced (U)
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Demographics
Total population 1265
Median household income ($/weekly) 2051
Median age of persons 28
Median housing loan repayment ($/monthly) 2167
Average household size 3
  • Census Count Percent(%)
    0-4 years 159 12.6
    5-14 years 201 15.9
    25-34 years 256 20.2
    35-44 years 210 16.6
    45-54 years 134 10.6
    Others 305 24.1
    Age Group
    Census Count Percent(%)
    Registered Married 481 59.0
    Not Married 204 25.0
    Defacto Relationship 130 16.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 1013 82.8
    Papua New Guinea 50 4.1
    South Africa 29 2.4
    United Kingdom 66 5.4
    Other 30 2.5
    Others 35 2.9
    Country of Birth
    Census Count Percent(%)
    Christianity 772 64.6
    No Religion 395 33.1
    Islam 16 1.3
    Buddhism 6 0.5
    Other Religious Groups 6 0.5
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 32 9.1
    $1,500-$1,999 57 16.1
    $2,000-$2,499 59 16.7
    $2,500-$2,999 66 18.7
    $3,000-$3,499 36 10.2
    Others 103 29.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 464 53.1
    Employed, worked part-time 176 20.1
    Not in the labour force 160 18.3
    Employed, away from work 49 5.6
    Unemployed, looking for work 25 2.9
    Person Characteristics
  • Census Count Percent(%)
    Professionals 80 11.6
    Technicians & trades workers 167 24.3
    Clerical & administrative workers 128 18.6
    Sales 71 10.3
    Labourers 79 11.5
    Others 162 23.6
    Occupation
    Census Count Percent(%)
    Pre-school 36 11.5
    Infants/Primary 136 43.5
    Secondary 77 24.6
    Technical or Further Educational Institution 25 8.0
    University or other Tertiary Institutions 26 8.3
    Others 13 4.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1173 98.6
    Flat, unit or apartment 17 1.4
    Semi-detached, row or terrace house, townhouse 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 266 65.7
    Rented 91 22.5
    Fully owned 48 11.9
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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Recent sales & rentals