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Millaa Millaa is a suburb in Tablelands Region, Australia with 514 residents. The median house price is $328K with a rental yield of 5.6%. Our analysis rates Millaa Millaa with a suburb score of 89/100 for investment timing.
This suburb shows strong investment potential with property prices forecast to outperform the market average over the next 1-3 years. Key indicators including vacancy rates, rental yields, and days on market all signal favorable conditions for capital growth.
89
Suburb Score
Thorough research about a suburb is crucial to grasp the 'why' behind an investment. However, no suburb stands alone—always assess it in relation to its surroundings. Tracking each data point over time is vital. But above all, it's crucial to comprehend why each data point matters and how it influences both short-term and long-term capital growth.
Current Sales Prices By Suburb - Median - Last 90 Days Rolling - Houses Only [AUD]
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What is this: The median sale price of properties sold in the suburb over a rolling 90-day period. This reflects the actual transacted value of properties rather than asking prices.
Investment tip: Understanding current sold prices helps identify undervalued suburbs compared to neighboring areas. Look for suburbs with lower median prices that share similar amenities with higher-priced neighbors - these often represent growth opportunities.
Sold Price
Asking Price
Picki displays every property available for sale in Australia, not just the highlighted ones advertisers pay for. We scan over 12,000 real estate agent websites daily across Australia, from the leading agencies to the smallest local ones. This effort means Picki reveals 30% more properties for sale compared to other sites. And since some homes show up on local agent sites days before they appear on the major advertising platforms, Picki provides you an early advantage.
View all propertiesSuburb | Sold Price | Recent Growth | Yield | Vacancy Rate | Days of Supply | Owner Occupier | Vendor Disc. |
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Millaa Millaa has a suburb score of 89/100 for investment timing, placing it among the top-performing suburbs in Tablelands Region for capital growth potential. The strong suburb score indicates favorable market conditions including positive price momentum, healthy rental demand, and low vacancy rates. Property investors looking for capital growth in Australia should consider Millaa Millaa as a priority suburb.
Millaa Millaa's capital growth outlook is positive based on current market indicators. Key drivers supporting capital growth in Millaa Millaa include strong buyer demand, limited housing supply, and positive demographic trends. Historical data suggests Millaa Millaa has outperformed many suburbs in Tablelands Region for property value appreciation.
Millaa Millaa is located within Tablelands Region Local Government Area in Australia. Tablelands Region encompasses multiple suburbs, each with their own property market characteristics. Understanding the broader LGA trends can help investors identify whether Millaa Millaa is outperforming or underperforming relative to neighboring suburbs.
The current median house price in Millaa Millaa is $328K based on recent sales data. At this price point, Millaa Millaa offers an affordable entry into the Australia property market, potentially providing higher rental yields and cash flow positive investment opportunities.
Millaa Millaa has an average rental yield of 5.6%, which is above the national average, making it attractive for investors prioritizing cash flow and rental income. High-yield suburbs like Millaa Millaa can provide positive cash flow from day one, offsetting holding costs and mortgage payments.
Millaa Millaa has a population of approximately 514 residents. Population size and growth are important factors for property investment as they influence housing demand, rental markets, and local amenity development. Millaa Millaa is a smaller, more exclusive suburb which may offer unique lifestyle benefits and potential for price premiums on quality properties.
Millaa Millaa's suburb score of 89/100 can be compared against other suburbs in Tablelands Region to identify relative investment value. With a score above 80, Millaa Millaa ranks among the top suburbs in the local government area for investment timing. This suggests stronger fundamentals compared to many neighboring suburbs. Compare all suburbs in Tablelands Region using our platform to find the best investment opportunities.
