Millars Well Suburb Profile
Western Australia 6714

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Millars Well has 965 properties. Over the last 5 years, Houses in Millars Well have seen a 51.16% increase in median value, while Units have seen a 108.39% increase. As at 30 June 2024:

  • The median value for Houses in Millars Well is $529,612 while the median value for Units is $400,993.
  • Houses have a median rent of $1,125 while Units have a median rent of $750.
There are currently 7 properties listed for sale, and 1 property listed for rent in Millars well on OnTheHouse. According to CoreLogic's data, 66 properties were sold in the past 12 months in Millars well.

The size of Millars Well is approximately 3.4 square kilometres. It has 2 parks covering nearly 0.5% of total area. The population of Millars Well in 2011 was 2,196 people. By 2016 the population was 1,816 showing a population decline of 17.3% in the area during that time. The predominant age group in Millars Well is 30-39 years. Households in Millars Well are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Millars Well work in a trades occupation. In 2011, 18.9% of the homes in Millars Well were owner-occupied compared with 21.7% in 2016.

Suburb Insights for MILLARS WELL 6714

Market Insights
Millars Well Trends for Houses
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Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Millars Well Trends for Units
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Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age

Population 1,816

0-9

 

19%

10-19

 

11%

20-29

 

19%

30-39

 

20%

40-49

 

15%

50-59

 

11%

60-69

 

5%

70-79

 

1%

Household Structure
Occupancy

Last Updated: 29/07/2024

Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.