Suburb Profile Report for Milperra NSW (2214)

Milperra House: Median price $820,000, Annual capital growth 6.31%, Number of sales 51, Weekly median advertised rent $580

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

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

Giving property investors a an unimpressive capital gain of -8.84% for the last year, Milperra, 2214 is the 3222th highest performer in Australia in this respect.

While Milperra,2214 ranked number 1003th in NSW for increase in median house value (annualised) increase, it is ranked 938th over the last 5 years.

State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.38% offered to property buyers. Sellers in Milperra itself are offering an average vendor discount of -9.30% to real estate investors.

Often selling an investment property can take time, and in Milperra the average time real estate has been on the market is 77.0263 days.

With the median price for a house in Milperra being $820000 and the advertised rent reaching $580 the gross rental yield for property investors calculates out to be 3.68%

Metrics i HOUSE UNIT
$820,000 N/A
-3.53% N/A
-8.84% N/A
6.31% N/A
$580 N/A
51 N/A
3.68% N/A
77.0263157894737 N/A

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (H), Balanced (U)
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Demographics
Total population 3845
Median household income ($/weekly) 1683
Median age of persons 38
Median housing loan repayment ($/monthly) 2200
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 490 12.7
    25-34 years 439 11.4
    35-44 years 553 14.4
    45-54 years 473 12.3
    55-64 years 563 14.6
    Others 1327 34.5
    Age Group
    Census Count Percent(%)
    Registered Married 1756 60.0
    Not Married 993 33.9
    Defacto Relationship 178 6.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 3217 85.4
    Croatia 44 1.2
    Papua New Guinea 48 1.3
    United Kingdom 116 3.1
    Other 74 2.0
    Others 268 7.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 58 1.6
    Christianity 3090 83.8
    Hinduism 10 0.3
    Islam 75 2.0
    No Religion 451 12.2
    Others 3 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 98 8.4
    $1,500-$1,999 186 16.0
    $2,000-$2,499 145 12.5
    $2,500-$2,999 127 10.9
    $3,000-$3,499 103 8.9
    Others 504 43.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1309 43.0
    Not in the labour force 956 31.4
    Employed, worked part-time 592 19.4
    Employed, away from work 106 3.5
    Unemployed, looking for work 83 2.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 222 11.1
    Professionals 309 15.4
    Technicians & trades workers 364 18.2
    Community & personal service workers 187 9.3
    Clerical & administrative workers 458 22.9
    Others 462 23.1
    Occupation
    Census Count Percent(%)
    Pre-school 88 9.6
    Infants/Primary 339 36.9
    Secondary 222 24.2
    Technical or Further Educational Institution 93 10.1
    University or other Tertiary Institutions 163 17.7
    Others 14 1.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3641 98.1
    Semi-detached, row or terrace house, townhouse 52 1.4
    House or flat attached to a shop, office 12 0.3
    Flat, unit or apartment 8 0.2
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 571 45.6
    Fully owned 562 44.9
    Rented 116 9.3
    Other tenure type 3 0.2
    Tenure Type
Census 2011, ABS
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