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Investment Property Millars Well, WA, 6714

Suburb Snapshot

Millars Well is a suburb in the Karratha Region of Western Australia. Millars Well has a population of 1,825 people and 52.67% of its occupants live in rental accommodation. The median listing price for houses is $515,000 and this has changed 5.20% over the past year and changed 3.10% over 2 years.

The median rent in Millars Well for houses is $975 per week and the median rental yield is 9.84%. Stock on the market for houses/townhouses has changed -17.65% compared to last year and the average time to sell a house/townhouse is 75 days.The median listing price for units is NA and this has changed NA over the past year. The average unit takes NA days to sell and the median rent for a unit in Millars Well is $650 per week, producing a rental yield of NA.

Supply & Demand in Millars Well, Karratha

0.95%

Current vacancy rate


9

Rental stock available


1,825

Population


52.67%

Rental population


0.77%

Current vacancy rate


79

Rental stock available


21,472

Population


51.15%

Rental population


0.61%

Current vacancy rate


7,509

Rental stock available


2,474,414

Population


23.98%

Rental population


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Statistical data for Millars Well, Karratha

  House Townhouses Units
Median listing price $515,000 NA NA
Median price change - last quarter 4.04% NA NA
Median price change - 1 year 5.20% NA NA
Median price change - 2 years 3.10% NA NA
  House Townhouses Units
Median weekly rent $975 NA $650
Median yield % 9.84% NA NA
Median rent change - 1 year 11.42% NA 2.36%
  House Units
Previous month sales 3 0
Stock on market previous month 14 1
Stock variance vs. last year -17.65% -50.00%
Average days on market 75 NA

Millars Well investment property listings

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