Millaroo, a quaint rural locality in the Burdekin Region of Queensland, offers a distinctive housing market primarily characterized by affordability and a close-knit community feel. The area is known for its agricultural roots, with sugarcane farming being a significant activity. This agricultural backdrop influences the housing market, where properties range from small residences ideal for families to larger farmhouses that reflect the rural lifestyle. The market is relatively stable, with lower property prices compared to urban areas, making it an attractive option for those seeking a peaceful and budget-friendly environment. Buyers can typically find a range of options from modest homesteads to more expansive properties with ample land, appealing particularly to those interested in farming or who appreciate wide-open spaces.
Living in Millaroo is marked by a sense of tranquility and community, offering an escape from the hustle and bustle of city life. Residents enjoy a serene lifestyle enveloped by natural beauty, with the Burdekin River providing opportunities for various outdoor activities such as fishing and boating. Community events and local gatherings are a staple of life here, fostering a strong sense of camaraderie among neighbors. The region is also known for its year-round sunny weather, making it ideal for outdoor enthusiasts. While amenities like shopping and entertainment may require a drive to nearby Ayr or Home Hill, the trade-off is a relaxed pace of life and the chance to be part of a supportive, rural community where everyone knows everyone.
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Thinking about buying in Millaroo? Now could not be a better time, with just 471 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $300,000 with prices in this suburb ranging from $197,000 to $321,000. The aproximate distance to the coast is 41 Km.
In Millaroo 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 Millaroo 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 Millaroo 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 Millaroo necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. With very low industrial sector presence in Millaroo the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
Instant Property Valuation53 Singleton Street, Millaroo, QLD, 4807 | 3 | 1 | 1 | Reduced to $180,000 |
Millaroo State School
(While the above schools are located with the suburb of Millaroo 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 | |
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Jan | 7.7 | 23.4 | 32.2 | 46.3 | 90.0 | 3.1 | 23.3 |
Feb | 5.9 | 23.3 | 32.3 | 46.1 | 90.2 | 2.9 | 22.2 |
Mar | 6.3 | 22.4 | 31.2 | 51.3 | 89.4 | 2.9 | 20.0 |
Apr | 1.9 | 19.6 | 30.0 | 42.2 | 89.7 | 2.9 | 19.7 |
May | 0.7 | 16.3 | 27.5 | 41.1 | 90.9 | 2.9 | 17.7 |
Jun | 0.6 | 13.8 | 25.8 | 43.6 | 90.3 | 2.8 | 15.5 |
Jul | 0.6 | 13.0 | 25.9 | 42.2 | 89.7 | 2.8 | 17.0 |
Aug | 0.7 | 13.2 | 26.8 | 39.2 | 90.1 | 2.7 | 19.2 |
Sept | 0.1 | 15.9 | 28.7 | 39.9 | 89.5 | 3.0 | 23.4 |
Oct | 0.6 | 18.6 | 30.1 | 42.2 | 88.0 | 3.2 | 25.7 |
Nov | 0.8 | 21.0 | 31.6 | 44.8 | 86.7 | 3.3 | 27.3 |
Dec | 2.0 | 22.5 | 32.6 | 41.8 | 86.3 | 3.2 | 26.8 |
source: Australian Government Bureau of Meteorology
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