Millmerran, a rural town within the Toowoomba region of Queensland, offers a unique housing market characterized by affordability and spacious properties. The town’s housing is predominantly composed of single-family homes, often on generous plots of land, providing ample space and privacy. In recent years, Millmerran has become increasingly appealing to those seeking an affordable alternative to the more expensive urban areas. The market here remains relatively stable, with moderate demand driven by its allure as a peaceful retreat from city life. While the housing prices are generally lower compared to larger cities, the value-for-money ratio is excellent for those desiring traditional homes with the advantage of larger properties in a more laid-back environment.
Living in Millmerran means embracing a close-knit community lifestyle amidst beautiful natural surroundings. The town is known for its friendly atmosphere and strong sense of community, where neighbors often know each other and local events are well-attended, fostering a sense of camaraderie among residents. The area is rich in agricultural heritage and outdoor activities, offering amenities like parks, local shops, and schools, making it suitable for families, retirees, and those desiring a slower pace of life. Its location also provides easy access to larger urban centers like Toowoomba for those who need to commute or desire more extensive shopping and entertainment options. Overall, Millmerran offers a blend of tranquility and community spirit, making it a charming place to reside.
Median Weekly Rent | $238.25 |
Median Monthly Mortgage | $1002.00 |
Median Persons Per bed houseroom | 0.78 |
Average Household Size | 2.00 |
Average Age | 43.50 |
Average Income | $649.00 |
Average Cars Per Dwelling | 1.85 |
Average Properties Within 50M | 4 |
Typical 1 bed house | $378,000 |
Typical 2 bed house | $226,000 |
Typical 3 bed house | $344,000 |
Typical 4 bed house | $520,000 |
Typical 5 bed house | |
Typical 6 bed+ house | $290,000 |
Housing Stock
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Thinking about buying in Millmerran? Now could not be a better time, with 1283 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $341,000 with prices in this suburb ranging from $51,000 to $1,130,000. The aproximate distance to the coast is 181 Km.
In Millmerran 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 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 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 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 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 a better buying opportunity than it may have been in the past.
Instant Property ValuationLot 3761 Foxwood Road, Millmerran, QLD, 4357 | 4 | 2 | 1 | $950,000 | |
1 Dedaunton Street, Millmerran, QLD, 4357 | 0 | 0 | 0 | $90,000 | |
94 Campbell Street, Millmerran, QLD, 4357 | 3 | 1 | 0 | Asking Price: $649,000 |
St Joseph's School
Millmerran State School
(While the above schools are located with the suburb of Millmerran there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(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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