Suburb Profile Report for Millmerran QLD (4357)

Millmerran House: Median price $193,750, Annual capital growth 1.34%, Number of sales 20, Weekly median advertised rent N/A

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

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

With a capital gain of -7.74% for the last 12 months, Millmerran, 4357 has performed for property investments than its average annual 1.34% property growth over the last 5 years.

A -6.63% growth in median value for property investors in Millmerran,4357 puts this suburb at number 76th in terms of best performing suburbs in QLD

Situated 179.47km from the CBD, Millmerran is one of Toowoomba (R) localities in the postcode 4357.

Metrics i HOUSE UNIT
$193,750 N/A
7.64% N/A
-7.74% N/A
1.34% N/A
N/A N/A
20 N/A
N/A N/A
N/A N/A

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Below average (H), Balanced (U)
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Demographics
Total population 1564
Median household income ($/weekly) 920
Median age of persons 39
Median housing loan repayment ($/monthly) 1300
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 217 13.9
    25-34 years 193 12.3
    35-44 years 197 12.6
    45-54 years 192 12.3
    55-64 years 181 11.6
    Others 586 37.4
    Age Group
    Census Count Percent(%)
    Registered Married 586 55.3
    Not Married 381 36.0
    Defacto Relationship 92 8.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 1323 89.2
    Papua New Guinea 17 1.1
    Philippines 42 2.8
    United Kingdom 23 1.5
    Other 57 3.8
    Others 22 1.5
    Country of Birth
    Census Count Percent(%)
    Christianity 1307 88.3
    No Religion 166 11.2
    Buddhism 7 0.5
    Hinduism 0 0.0
    Islam 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 46 8.9
    $400-$599 86 16.6
    $600-$799 61 11.8
    $800-$999 49 9.5
    $1,500-$1,999 60 11.6
    Others 215 41.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 475 40.3
    Not in the labour force 447 37.9
    Employed, worked part-time 186 15.8
    Employed, away from work 50 4.2
    Unemployed, looking for work 22 1.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 83 11.7
    Technicians & trades workers 129 18.2
    Clerical & administrative workers 76 10.7
    Machinery operators & drivers 93 13.1
    Labourers 158 22.3
    Others 170 24.0
    Occupation
    Census Count Percent(%)
    Pre-school 20 6.8
    Infants/Primary 139 47.3
    Secondary 86 29.3
    Technical or Further Educational Institution 23 7.8
    University or other Tertiary Institutions 16 5.4
    Others 10 3.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1289 94.2
    Flat, unit or apartment 47 3.4
    Caravan, cabin, houseboat 26 1.9
    Semi-detached, row or terrace house, townhouse 4 0.3
    House or flat attached to a shop, office 3 0.2
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 215 38.9
    Rented 181 32.7
    Being purchased 157 28.4
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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