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All About Millmerran Woods, Toowoomba, QLD, 4357

Millmerran Woods, located in the Toowoomba region of Queensland, has become an intriguing spot for potential homeowners seeking a rural lifestyle with a touch of tranquility. The housing market in Millmerran Woods features a mix of affordable properties, from spacious lots ideal for building custom homes to existing houses that cater to families and retirees alike. The area is particularly attractive for those looking to escape the hustle and bustle of urban centers, offering a peaceful environment surrounded by nature. Prices in Millmerran Woods have generally remained accessible compared to more metropolitan areas, appealing to first-time home buyers and investors looking for potential growth opportunities.

Living in Millmerran Woods offers a serene and laid-back atmosphere, where community values and natural beauty take center stage. Residents enjoy a slower pace of life, with plenty of open spaces and bushland to explore, making it ideal for outdoor enthusiasts. The community is known for its friendly and welcoming vibe, with neighbors often forming close-knit relationships. While amenities are more limited compared to urban areas, essentials are within a reasonable distance, and the larger town of Millmerran is conveniently nearby to meet more comprehensive needs. Overall, Millmerran Woods provides a desirable lifestyle for those yearning for peace, simplicity, and a strong connection to nature while still being part of a supportive community.

Household Makeup

Median Weekly Rent $212.50
Median Monthly Mortgage $1408.50
Median Persons Per bed houseroom 0.95
Average Household Size 2.50
Average Age 50.50
Average Income $563.50
Average Cars Per Dwelling 2.17
Average Properties Within 50M 1
Typical 1 bed house$211,000
Typical 3 bed house$317,000
Typical 4 bed house$414,000

Housing Stock

Local Internet Speeds

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Millmerran Woods Real Estate Market Outlook

Thinking about buying in Millmerran Woods? Now could not be a better time, with just 248 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 $58,000 to $415,000. The aproximate distance to the coast is 211 Km.

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

Instant Property Valuation

Local Schools

None within suburb boundary

(While the above schools are located with the suburb of Millmerran Woods there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Millmerran Woods 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
Jan3.518.431.440.090.25.324.3
Feb2.417.630.441.290.25.222.3
Mar2.816.428.147.493.54.619.5
Apr0.712.026.540.093.93.918.1
May1.26.421.842.395.13.614.2
Jun1.24.819.447.195.83.712.0
Jul0.73.519.640.994.53.713.4
Aug0.73.621.731.089.2416.4
Sept0.87.624.631.091.34.420.3
Oct1.611.027.032.589.64.824.2
Nov1.314.829.932.389.15.027.6
Dec2.117.631.634.488.35.125.9

source: Australian Government Bureau of Meteorology





Nearby Suburbs

Millmerran DownsCypress GardensForest RidgeWattle RidgeWoondulThe PinesCaptains MountainBringalilyCondamine FarmsMillwood

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