2. QLD
  3. Charters Towers

Millchester QLD 4820

Houses Units

Here you can find what you need to know about Millchester, QLD, 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

$324K Median Sale Price (National Average $485k) 956th In QLD
4.69% Median Sale Price Change (1yr) (National Average 4.30%) 791st In QLD

Investment Strategy Scores

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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.

Millchester, QLD 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.

Millchester, QLD 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.

Millchester, QLD 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 Millchester


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State Auction Clearance Rates


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Suburb Information

Millchester, QLD 4820

Part of: Charters Towers Council No data available

The size of Millchester is approximately 5 square kilometres. It has 2 parks covering nearly 2.1% of total area. The population of Millchester in 2011 was 581 people. By 2016 the population was 516 showing a population decline of 11.2% in the area during that time. The predominant age group in Millchester is 10-19 years. Households in Millchester are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Millchester work in a trades occupation. In 2011, 71.3% of the homes in Millchester were owner-occupied compared with 66.8% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Millchester

Demographic data provided
by Australian Bureau of Statistics

Market Trends for Millchester   for Houses in last 12 months


There have been 12 Houses sold in Millchester in the past 12 months with a median sale price of $324K, up 4.7% annually. It takes on average 91 days to sell with vendor discounting of -9.1%.

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Craiglie QLD, 4877 17.86% $907,500 $865pw 5.0% View Suburb Profile
Woodville Gardens SA, 5012 0.16% $646,000 $495pw 4.0% View Suburb Profile
Millers Point NSW, 2000 Unavailable Unavailable $1,450pw Unavailable View Suburb Profile
Russell Island QLD, 4184 12.06% $381,000 $400pw 5.5% View Suburb Profile

Currency

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