Millgrove is an average performer in VIC when comparing median price capital growth over the last year. Millgrove gave property investors a good capital gain figure when compared to the rest of the state, with 1.99%.
A 62.06% growth in median value for property investors in Millgrove,3799 puts this suburb at number 212th in terms of best performing suburbs in VIC
LACK OF BUYER INTEREST may well be the reason that Millgrove is offering property investors an average of -6.82. This rate of discount on properties puts Suburb at number 341th in terms of most discounted suburbs in VIC
Using the current median advertised rental of $325 and the average annual increase in value of a median property of 7.28%, investors should hope to achieve an overall return of 4.12%