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Millchester
QLD, 4820 - Charters Towers

Thinking about buying in Millchester? Now could not be a better time, with just 412 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $388,000 with prices in this suburb ranging from $31,000 to $994,000. The aproximate distance to the coast is 106 Km.

Household Makeup

Median Weekly Rent $251.43
Median Monthly Mortgage $1272.86
Median Persons Per Bedroom 0.80
Average Household Size 2.43
Average Age 40.43
Average Income $733.86
Average Cars Per Dwelling 1.97
Average Properties Within 50M 2

Housing Stock

Average Property Prices

1 Bed  $285,000
2 Bed  $300,000
3 Bed  $368,000
4 Bed  $482,000
5 Bed  $698,000
6 Bed+$595,000

Millchester Real Estate Market Outlook

In Millchester there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Millchester is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in Millchester changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Medium density in Millchester necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Millchester we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Millchester a better buying opportunity than it may have been in the past.

Houses for sale Millchester

Ray White 7 victor st, millchester, qld, 4820 Beds5 Bathrooms2 Parking 5 530000

Local Schools

Charters Towers School of Distance Education

Millchester State School

Charters Towers Central State School

Charters Towers State High School

All Souls St Gabriels School

(While the above schools are located with the suburb of Millchester there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Millchester weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan3.421.933.641.792.32.423.4
Feb8.321.932.450.494.91.922.1
Mar320.630.952.397.41.821.6
Apr0.518.130.346.3971.819.4
May1.414.526.246.492.41.715.8
Jun0.912.725.144.291.81.515.3
Jul0.512.225.83790.81.616.7
Aug0.413.027.430.990.41.819
Sept0.114.629.529.690.82.222.2
Oct0.817.832.630.992.02.425.0
Nov0.419.733.732.889.32.626.3
Dec1.221.335.232.891.72.326.7

source: Australian Government Bureau of Meteorology


Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

QueentonMosman ParkCharters Towers CityLissnerTowers HillAlabama HillRichmond HillGrand SecretColumbiaToll

Public Transport


General Points of Interest

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