All About Millchester, Charters Towers, QLD, 4820
Millchester, located in the Charters Towers region of Queensland, has a housing market characterized by its modestly priced properties and a strong sense of community. The area is known for its historical charm, offering a range of housing options from classic Queenslander-style homes to more modern constructions. Real estate in Millchester generally falls on the affordable side compared to larger cities, making it an attractive option for families, retirees, and first-time homebuyers looking for a quieter lifestyle with the potential for investment gains as the region slowly grows. The market has seen some fluctuations, primarily influenced by local economic activities and the mining industry's ebb and flow, which is prominent in the Charters Towers area. However, overall, it remains a buyer-friendly market with opportunities for long-term stability.
Living in Millchester offers a tranquil and community-focused lifestyle, where residents benefit from the close-knit feel of a small town while still having access to essential services and amenities in nearby Charters Towers. The area is known for its rich history and heritage, with several local landmarks and historical sites that reflect its past as a significant gold rush town. Residents enjoy a slower pace of life with access to ample natural beauty, including parks and open spaces perfect for outdoor activities. The local community is often engaged in various events and social gatherings, fostering a strong sense of belonging and camaraderie among its inhabitants. Additionally, Millchester provides a family-friendly environment with schools and other facilities that cater well to both young families and older residents looking for a peaceful place to call home.
Household Makeup
| Median Weekly Rent | $251.43 |
| Median Monthly Mortgage | $1272.86 |
| Median Persons Per bed houseroom | 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 |
| Typical 1 bed house | $285,000 |
| Typical 2 bed house | $300,000 |
| Typical 3 bed house | $368,000 |
| Typical 4 bed house | $482,000 |
| Typical 5 bed house | $698,000 |
| Typical 6 bed+ house | $595,000 |
Housing Stock
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Millchester Real Estate Market Outlook
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.
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.
Instant Property ValuationHouses for sale Millchester
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7 Victor Street, Millchester, QLD, 4820 |  5 |
 2 |
 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
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 | |
|---|---|---|---|---|---|---|---|
| Jan | 3.4 | 21.9 | 33.6 | 41.7 | 92.3 | 2.4 | 23.4 |
| Feb | 8.3 | 21.9 | 32.4 | 50.4 | 94.9 | 1.9 | 22.1 |
| Mar | 3 | 20.6 | 30.9 | 52.3 | 97.4 | 1.8 | 21.6 |
| Apr | 0.5 | 18.1 | 30.3 | 46.3 | 97 | 1.8 | 19.4 |
| May | 1.4 | 14.5 | 26.2 | 46.4 | 92.4 | 1.7 | 15.8 |
| Jun | 0.9 | 12.7 | 25.1 | 44.2 | 91.8 | 1.5 | 15.3 |
| Jul | 0.5 | 12.2 | 25.8 | 37 | 90.8 | 1.6 | 16.7 |
| Aug | 0.4 | 13.0 | 27.4 | 30.9 | 90.4 | 1.8 | 19 |
| Sept | 0.1 | 14.6 | 29.5 | 29.6 | 90.8 | 2.2 | 22.2 |
| Oct | 0.8 | 17.8 | 32.6 | 30.9 | 92.0 | 2.4 | 25.0 |
| Nov | 0.4 | 19.7 | 33.7 | 32.8 | 89.3 | 2.6 | 26.3 |
| Dec | 1.2 | 21.3 | 35.2 | 32.8 | 91.7 | 2.3 | 26.7 |
source: Australian Government Bureau of Meteorology
Public Transport
Charters Towers - Less than 2 KM
General Points of Interest
Charters Towers Golf Club - Less than 10 KM
Charters Towers Gun Club - Less than 10 KM
Charters Towers Racecourse - Less than 5 KM
Boer War Memorial - Less than 5 KM
Youngs Block Fossicking Area - Less than 5 KM
Nearby Suburbs
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