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.
Household Makeup
| Median Weekly Rent | $212.50 |
| Median Monthly Mortgage | $1408.50 |
| Median Persons Per Bedroom | 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 |
Housing Stock
Average Property Prices
| 1 Bed $211,000 |
| 3 Bed $317,000 |
| 4 Bed $414,000 |
Millmerran Woods Real Estate Market Outlook
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.
Houses for sale Millmerran Woods
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LOT 10 IRONBARK DR, MILLMERRAN WOODS, QLD, 4357 |  0 |
 0 |
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$145,000 |
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
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 | |
|---|---|---|---|---|---|---|---|
| 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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