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Eagle Vale vs Miller

Property investment comparison - Eagle Vale, NSW 2558 vs Miller, NSW 2168

Head-to-head across core investment metrics: Eagle Vale wins 2, Miller wins 3. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.

MetricEagle ValeMiller
Median house price$990K$990K
Median unit price-$1M
Gross rental yield (houses)3.50%3.15%
Gross rental yield (units)3.82%3.75%
1-year house growth+9.4%+11.9%
3-year house growth+21.2%+26.2%
Vacancy rate1.4%1.3%
Population5,7893,374

Eagle Vale vs Miller: what the numbers say

Houses cost about the same in both suburbs: the median house price is $990K in Eagle Vale and $990K in Miller.

On cash flow, Eagle Vale leads: houses there return a gross rental yield of 3.50%, compared with 3.15% in Miller, a gap of 0.35 percentage points.

Over the past year house prices moved +9.4% in Eagle Vale and +11.9% in Miller, so recent momentum favours Miller, although both suburbs recorded growth.

Looking back three years, Eagle Vale houses are +21.2% and Miller houses +26.2%, so Miller has compounded faster than Eagle Vale over the longer window.

Rental vacancy is 1.3% in Miller and 1.4% in Eagle Vale, so landlords in Miller face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Eagle Vale is the bigger suburb, with a population of 5,789 against 3,374, larger than Miller; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Eagle Vale for rental income, Miller for recent price momentum, Miller for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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