Millbridge WA 6232

Here you can find what you need to know about Millbridge, WA, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$425k Median Sale Price (National Average $485k) 410th In WA
$400pw Median Rent (National Average $395) 263rd In WA
4.9% Median Gross Yield (National Average 4.24%) 231st In WA
Upgrade to Premium to see median values for houses split by bedrooms. Learn more
Properties sold 38
Average discounting -4.42%
Average Days on Market 86
Stock on Market 42 for sale

Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

Example Only
Upgrade to Premium to view Investment Strategy Scores for every available property and suburb in Australia
Upgrade to Premium to view pros & cons and Investment Strategy Scores for every available property and suburb in Australia
How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Millbridge, WA National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Millbridge, WA National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Millbridge, WA National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Property Prices in Millbridge


Loading

State Auction Clearance Rates - March 2019

Auctions Clearance rate
WA 27 45%
ACT 75 55%
NSW 634 63%
NT 9 12%
QLD 104 43%
SA 105 55%
TAS 6 0%
VIC 943 54%

Local Schools


Loading

Suburb Information

Millbridge, WA 6232

Part of: Dardanup Council No data available

The size of Millbridge is approximately 1.9 square kilometres. The population of Millbridge in 2011 was 1,265 people. By 2016 the population was 2,406 showing a population growth of 90.2% in the area during that time. The predominant age group in Millbridge is 0-9 years. Households in Millbridge are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Millbridge work in a trades occupation. In 2011, 77% of the homes in Millbridge were owner-occupied compared with 80.7% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Millbridge

Demographic data provided
by Australian Bureau of Statistics


Market Trends for Millbridge   for Houses in last 12 months


There have been 44 Houses sold in Millbridge in the past 12 months with a median sale price of $425K, up annually. It takes on average 84 days to sell with vendor discounting of -4.9%.

Streets in Millbridge


Others also viewed

Suburb Median Price Change (1 yr) Median Sale Price Median Rent Median Gross Yield
Mundijong WA, 6123 -6.40% $402,500 $390pw 5.0% View Suburb Profile
Bay Of Shoals SA, 5223 Unavailable $385,000 $290pw 3.9% View Suburb Profile
Cranbourne North VIC, 3977 13.46% $590,000 $400pw 3.5% View Suburb Profile
Templestowe VIC, 3106 -6.90% $1,308,000 $650pw 2.6% View Suburb Profile
Alkimos WA, 6038 -0.77% $385,000 $320pw 4.3% View Suburb Profile
Halls Head WA, 6210 Unavailable $420,000 $360pw 4.5% View Suburb Profile