Milparinka is a quiet locality in New South Wales within the Unincorporated NSW local government area (postcode 2880). With a population of 67, the suburb has a young professional demographic with a median age of 30. Households earn a median income of $98K per year, with an average household size of 3.6 people. The most common occupations are managers, labourers. The top ancestries reported are Australian, English, German.
The median house price in Milparinka is $4.3 million, having surged 265525% over the past year. The current median weekly rent is $310. This gives a gross rental yield of approximately 0.4%. The median monthly mortgage repayment is $1,734.
From an investment perspective, Milparinka offers a gross rental yield of 0.4%, rated as low yield. Property prices are above the state median ($4.3M/$1.5M), placing it in the premium segment. The price-to-income ratio of 43.6x is considered stretched. House prices have moved +265525.0% year-on-year.
Milparinka is a quiet locality in New South Wales within the Unincorporated NSW local government area (postcode 2880). With a population of 67, the suburb has a young professional demographic with a median age of 30. Households earn a median income of $98K per year, with an average household size of 3.6 people. The most common occupations are managers, labourers. The top ancestries reported are Australian, English, German.
The median house price in Milparinka is $4.3 million, having surged 265525% over the past year. The current median weekly rent is $310. This gives a gross rental yield of approximately 0.4%. The median monthly mortgage repayment is $1,734.
From an investment perspective, Milparinka offers a gross rental yield of 0.4%, rated as low yield. Property prices are above the state median ($4.3M/$1.5M), placing it in the premium segment. The price-to-income ratio of 43.6x is considered stretched. House prices have moved +265525.0% year-on-year.