Millner is in the TOP 30% in NT when comparing median price capital growth over the last year. Millner gave property investors a good capital gain figure when compared to the rest of the state, with 12.24%.
A -14.05% growth in median value for property investors in Millner,0810 puts this suburb at number 5th in terms of best performing suburbs in NT
A $435 per week rent on the median house gives suburb investors a gross yield of circa 4.74%, without taking into account capital value appreciation, which has been averaging out at -0.98%.
If you compare the increase in value of investment property in Millner, 0810 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NT suburb was 8.64%.
While Millner,0810 ranked number 3rd in NT for increase in median house value (annualised) increase, it is ranked 18th over the last 5 years.
On average over the past year, suburb has had 1.67 sales per month, which equates to 20 per year.
Property investors should expect to get $350 weekly from the median priced house in this suburb.