Thinking about buying in Millner? Now could not be a better time, with a whopping 1533 properties either residential or commercial there's certainly plenty to choose from.
The average property price for this area is $483,000 with prices in this suburb ranging from $206,000 to $751,000.Distance to the coast is 1 Km.
Consistent high demand relative to supply is a key feature in Millner driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Millner are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The slightly lower than average earnings from occupations in Millner changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. High density population in Millner requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
|Median Weekly Rent||$362.00|
|Median Monthly Mortgage||$1825.00|
|Median Persons Per Bedroom||0.90|
|Average Household Size||2.40|
|Average Cars Per Dwelling||2.35|
|Average Properties Within 50M||35.00|
|UNIT 18, 48 SABINE RD, MILLNER, NT, 0810||2||1||OFFERS OVER $270,000|
|UNIT 4, 4 BELLE PL, MILLNER, NT, 0810||2||1||1||$279,000|
|137 OLD MCMILLANS RD, MILLNER, NT, 0810||3||1||2||Offers over $549,000|
|14 SOLOMON ST, MILLNER, NT, 0810||4||2||3||Please Call|
|UNIT 2, 68 RYLAND RD, MILLNER, NT, 0810||2||1||1||Please Enquire - Final Bidding Stage 16/03/2023|
|43 RYLAND RD, MILLNER, NT, 0810||3||2||2||Offers over $600K|
Millner Primary School(While the above schools are located with the suburb of Millner there may also be nearby schools whose catchments cover this suburb)
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source: Australian Government Bureau of Meteorology
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