Millner is a smaller suburb in Northern Territory within the Darwin local government area (postcode 0810). With a population of 2,576, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $94K per year, with an average household size of 2.4 people. The most common occupations are professionals, community & personal service, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Millner is $595,000, having dropped significantly 8.5% over the past year. Units have a median price of $273,000 (-9.2% YoY). The median weekly rent is $340 (Census 2021). This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $1,733.
Millner is served by 1 school, including 1 primary. The average ICSEA score is 911, which is below the national average of 1,000. Public transport access includes 17 bus stops.
From an investment perspective, Millner offers a gross rental yield of 3.0%, rated as low yield. Property prices are near the state median ($595K/$711K). The price-to-income ratio of 6.3x is considered moderate. House prices have moved -8.5% year-on-year.
Millner is a smaller suburb in Northern Territory within the Darwin local government area (postcode 0810). With a population of 2,576, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $94K per year, with an average household size of 2.4 people. The most common occupations are professionals, community & personal service, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Millner is $595,000, having dropped significantly 8.5% over the past year. Units have a median price of $273,000 (-9.2% YoY). The median weekly rent is $340 (Census 2021). This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $1,733.
Millner is served by 1 school, including 1 primary. The average ICSEA score is 911, which is below the national average of 1,000. Public transport access includes 17 bus stops.
From an investment perspective, Millner offers a gross rental yield of 3.0%, rated as low yield. Property prices are near the state median ($595K/$711K). The price-to-income ratio of 6.3x is considered moderate. House prices have moved -8.5% year-on-year.