Millicent has had a A very good year for property investment returns compared to the rest of SA, giving investors a capital gain of 10.06% to date .
Millicent,5280 has offered an average of 10.06% return per annum in house price rises to property investors over the last three years.
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.13% offered to property buyers. Sellers in Millicent itself are offering an average vendor discount of -10.06% to real estate investors.
Residents and property investors in Millicent have been waiting around 167.45 days to sell a property.
Renters in Suburb are facing rents around $2520 per annum or $210 every week.
Millicent is in the bottom 10% in SA when comparing median price capital growth over the last year. Millicent gave property investors a dismal capital gain figure when compared to the rest of the state, with -32.54%.
Millicent,5280 has offered an average of -32.54% return per annum in house price rises to property investors over the last three years.
Millicent is 6th on a list of best yielding suburbs for rents in SA with a 8.72% return