All About Millicent, Wattle Range, SA, 5280

Millicent, located within the Wattle Range region of South Australia, offers a unique blend of rural charm and access to essential amenities, making it an attractive option for both homebuyers and renters. The housing market in Millicent presents a range of options, with properties available from historic homes that boast character and period features to more contemporary builds. The housing prices in Millicent tend to be more affordable compared to the larger cities, providing excellent value for those looking to own property in a serene and picturesque setting. This affordability, combined with the area's natural beauty, has been drawing interest from both locals and newcomers seeking a more relaxed lifestyle.

Living in Millicent comes with its own set of benefits that are characteristic of smaller communities. The town is known for its strong sense of community and friendly atmosphere, with residents often engaging in local events and communal activities that foster close-knit relationships. The surrounding landscape, rich in natural attractions such as the Millicent National Trust Museum and Lake McIntyre, offers ample opportunities for outdoor activities like bird watching, walking, and fishing. Moreover, Millicent is conveniently located within driving distance of the Tantanoola Caves and the coastal town of Beachport, providing residents with the chance to explore and experience the diverse environments nearby. Overall, Millicent is not just a place to live but a community that offers a peaceful and fulfilling lifestyle.

Millicent Real Estate Market Outlook

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.

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.

Instant Property Valuation

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General Points of Interest

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