Investment property in Millner has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 38.06%
If we look at median property appreciation over just the last three months, Millner has given property investors a paper return of 11.46%. This puts Suburb as 7 on a list of fastest fasting appreciating suburbs in NT
Sellers are offering property buyers an average discount of 0.00% to buyers in Millner at the moment, which is less than average for the rest of NT.
The NT suburb of Millner, 0810 is in the Darwin (C) local government area.
Property value increases in Millner have tracked higher than the NT average of 11.71% over the last 12 months.
Millner,0810 has offered an average of 27.03% return per annum in house price rises to property investors over the last three years.
The most recent median price for Millner is $235000, with sellers offering an average of 0.00% off the asking price.
A $370 per week rent on the median house gives suburb investors a gross yield of circa 8.19%, without taking into account capital value appreciation, which has been averaging out at 2.07%.