5373 Palmerston Highway, Millaa Millaa QLD 4886
This property is Off Market
- The Average property price in this area is $800,380, this is based on recent transactions.
- Internet speed Download 50 Mbps / Upload 20 Mbps
- Distance to the coast 45.92 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
About Malanda - Yungaburra
With an average age of 52, households expect an average monthly mortgage payment of $840 or a weekly rent payment of $223. The average family earns a weekly income of $1,162 with a typical household size of 2 and a 96.72% employment rate.
In Millaa Millaa 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 Millaa Millaa 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. A mix of professions and above average income earners in Millaa Millaa provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Millaa Millaa 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 Millaa Millaa 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 Millaa Millaa a better buying opportunity than it may have been in the past.
Public Transport
Herberton
General Points of Interest
Millaa Millaa Golf Club
Australian Platypus Park
Population
(Country of Birth not stated 14%)
Are people healthy?
There are a recorded 1078 asthma sufferers and 694 people living with diabetes. In addition, 512 people have a heart/vascular condition and 943 people live with three or more chronic diseases.A good place to invest in property?
Malanda - Yungaburra a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
Queensland State average 66 / 100
Income
11 / 100
32 / 100
Industry
20 / 100
32 / 100
Population
30 / 100
40 / 100
House Prices
49 / 100
63 / 100
Jobs
28 / 100
31 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsMillaa Millaa SS Malanda SHS
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Millaa Millaa State School
Millaa Millaa, QLD, 4886 State Prep-6 -
Mount St Bernard College
Herberton, QLD, 4887 Independent 7-12
Property Story
5373 Palmerston Highway, Millaa Millaa, Qld, 4886 is a residential property . The estimated distance to the sea is 45.92km and at least 7.71KM to vegatation considered to be a factor in bushfire risk.Local Developments
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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