Millicent SA 5280

Here you can find what you need to know about Millicent, SA, 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

$180k Median Sale Price (National Average $485k) 437th In SA
10.77% Median Price Change (1 yr) (National Average 4.30%) 68th In SA
$200pw Median Rent (National Average $395) 426th In SA
5.8% Median Gross Yield (National Average 4.24%) 56th In SA
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Properties sold 115
Average discounting -7.51%
Average Days on Market 127
Stock on Market 72 for sale

Investment Strategy Scores

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

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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.

Millicent, SA 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.

Millicent, SA 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.

Millicent, SA 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 Millicent


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State Auction Clearance Rates - July 2020

Auctions Clearance rate
SA 25 72%
ACT 38 82%
NSW 442 65%
NT 3 33%
QLD 92 34%
TAS 1 0%
VIC 362 64%
WA 10 30%

Local Schools


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Suburb Information

Millicent, SA 5280

Part of: Wattle Range Council No data available

The size of Millicent is approximately 155.6 square kilometres. It has 11 parks covering nearly 1.6% of total area. The population of Millicent in 2011 was 5,025 people. By 2016 the population was 5,112 showing a population growth of 1.7% in the area during that time. The predominant age group in Millicent is 50-59 years. Households in Millicent are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Millicent work in a labourer occupation. In 2011, 70.3% of the homes in Millicent were owner-occupied compared with 70.1% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Millicent

Demographic data provided
by Australian Bureau of Statistics


Market Trends for Millicent   for Houses in last 12 months


There have been 115 Houses sold in Millicent in the past 12 months with a median sale price of $173K, up 3.5% annually. It takes on average 118 days to sell with vendor discounting of -0.08%.

Streets in Millicent


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