Thinking about buying in Millmerran Downs? Now could not be a better time, with just 113 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $303,000 with prices in this suburb ranging from $171,000 to $512,000. The aproximate distance to the coast is 208 Km.
Household Makeup
| Median Weekly Rent | $ |
| Median Monthly Mortgage | $ |
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| Average Income | $ |
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Housing Stock
Average Property Prices
Millmerran Downs Real Estate Market Outlook
In Millmerran Downs 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 Millmerran Downs 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. Low average earnings from people in Millmerran Downs leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Medium density in Millmerran Downs 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 Millmerran Downs 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 Millmerran Downs a better buying opportunity than it may have been in the past.
Properties for sale Millmerran Downs
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lot 57 gardenia cr, millmerran downs, qld, 4357 |  0 |
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$130,000 |
Local Schools
None within suburb boundary
(While the above schools are located with the suburb of Millmerran Downs there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Millmerran Downs 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 | 3.5 | 18.4 | 31.4 | 40.0 | 90.2 | 5.3 | 24.3 |
| Feb | 2.4 | 17.6 | 30.4 | 41.2 | 90.2 | 5.2 | 22.3 |
| Mar | 2.8 | 16.4 | 28.1 | 47.4 | 93.5 | 4.6 | 19.5 |
| Apr | 0.7 | 12.0 | 26.5 | 40.0 | 93.9 | 3.9 | 18.1 |
| May | 1.2 | 6.4 | 21.8 | 42.3 | 95.1 | 3.6 | 14.2 |
| Jun | 1.2 | 4.8 | 19.4 | 47.1 | 95.8 | 3.7 | 12.0 |
| Jul | 0.7 | 3.5 | 19.6 | 40.9 | 94.5 | 3.7 | 13.4 |
| Aug | 0.7 | 3.6 | 21.7 | 31.0 | 89.2 | 4 | 16.4 |
| Sept | 0.8 | 7.6 | 24.6 | 31.0 | 91.3 | 4.4 | 20.3 |
| Oct | 1.6 | 11.0 | 27.0 | 32.5 | 89.6 | 4.8 | 24.2 |
| Nov | 1.3 | 14.8 | 29.9 | 32.3 | 89.1 | 5.0 | 27.6 |
| Dec | 2.1 | 17.6 | 31.6 | 34.4 | 88.3 | 5.1 | 25.9 |
source: Australian Government Bureau of Meteorology
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