Millars Well has had a A very good year for property investment returns compared to the rest of WA, giving investors a capital gain of 16.87% to date .
A -11.25% growth in median value for property investors in Millars Well,6714 puts this suburb at number 360th in terms of best performing suburbs in WA
State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.00% offered to property buyers. Sellers in Millars Well itself are offering an average vendor discount of -4.35% to real estate investors.
With the median price for a house in Millars Well being $355000 and the advertised rent reaching $500 the gross rental yield for property investors calculates out to be 7.32%