Thinking about buying in Millicent? Now could not be a better time, with 4000 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $325,000 with prices in this suburb ranging from $22,000 to $1,055,000. Millicent is located fairly close to the coast at just 6Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Millicent Real Estate Market Outlook

In Millicent 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 Millicent 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 Millicent 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 Millicent 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 Millicent 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 Millicent a better buying opportunity than it may have been in the past.

Houses for sale Millicent

	102 ruff rock rd, millicent, sa, 5280	4	1	6	$575,000
	113 mount gambier rd, millicent, sa, 5280	4	2	2	$395,000
	lot 51 rendelsham rd, millicent, sa, 5280				$130,000
	204 mount gambier rd, millicent, sa, 5280	1	1		$380,000
	35 main st, millicent, sa, 5280	3	2	4	$585,000
	13 olive st, millicent, sa, 5280	4	1	2	$698,000
	16 ridge tce, millicent, sa, 5280	3	1		$550,000
	6 olive st, millicent, sa, 5280	2	1	3	Under Contract
	8 harrington st, millicent, sa, 5280	5	1	1	$650,000
	67 acacia dr, millicent, sa, 5280	3	1	4	$595,000
	38 railway tce, millicent, sa, 5280	4	1	2	$445,000
	23 davenport st, millicent, sa, 5280	3	1	5	100000

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