With a capital gain of 17.42% for the last 12 months, Millner, 0810 has performed for property investments than its average annual -0.57% property growth over the last 5 years.
Over the longer term, Millner has seen property prices show investors a 6.89% return over the last 3 years. This is an improvement over the last 12 months
Advertised rents are around the $450 mark per week – giving a return of 4.91% based on the median price in Suburb
Millner has had a pretty good year for property investment returns compared to the rest of NT, giving investors a capital gain of 18.72% to date .
Using the current median advertised rental of $340 and the average annual increase in value of a median property of -2.03%, investors should hope to achieve an overall return of 7.64%