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Milford, QLD 4310
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$1,130,000
list-price estimate
Median Unit
$595,000
Gross Yield (units)
2.2%
1yr Growth
-
Investment snapshot for Milford
Milford has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Milford market and investor summary
Milford sits in QLD, postcode 4310. At 1.2% vacancy, it is a tight rental market that favours landlords.
Rental demand looks steady, with vacancy at 1.2% and a resident base that is not shrinking. Houses also take time to sell, around 183 days on market, so plan for a slower exit if you ever need one.
Living in Milford: people, income and schools
Milford has a resident population of roughly 190, a number that has held fairly steady over five years. The median age is 56, an older, established demographic, and 76% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
Households here earn a median of about $62,000 a year, or roughly $1,200 a week. On socio-economic measures it ranks around the national middle on the ABS advantage index (4 out of 10).
There are 3 schools within about 5km, testing close to the national school average on ICSEA. It is roughly 70 km from the CBD. Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 190
- +6% over 5yr
- Median age
- 56 years
- Median household income
- $62,000/yr
- Households renting
- 16%
- Family households
- 72%
- Socio-economic rank
- 4/10
- ABS advantage index
- Schools within 5km
- 3
- avg ICSEA 985
- Unemployment
- 2.3%
- Distance to CBD
- 70 km
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Milford
No properties currently listed in Milford
Search Milford listings →Frequently asked questions about Milford
What should I check before investing in Milford?
Milford has enough public data for first-pass screening across yield, vacancy, price and supply signals. Tight rental market (1.2% vacancy) gives landlords pricing power and low rental downtime. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Milford?
The median property price in Milford, QLD 4310 is $595K for units.
What rental yield does Milford show?
The gross rental yield in Milford is 2.2% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
How tight is the rental market in Milford?
The current vacancy rate in Milford is 1.2%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.
How many people live in Milford?
Milford has a population of approximately 190 residents, with a median age of 56.
What schools are near Milford?
There are 3 schools within roughly 5km of Milford. Their average ICSEA is close to the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Milford's population growing?
The population of Milford has grown modestly, about 6% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
How far is Milford from the CBD?
Milford is about 70 km from the CBD.
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