2 Bellinger Street, Millicent SA 5280

Millicent demand is driven by affordability for families and investors tapping into the Limestone Coast’s service and agricultural jobs, and the market’s very low listings (well under a month of supply) keeps buyer competition firm. Buyers like the roughly $385k median for houses, solid rental yields near 5%, and the steady upward tone over the past six months rather than any sharp swings, reflecting about 10% growth over the last 12 months with rising enquiry. Risks include a below-average IRSAD score, 30-year affordability pressure, and muted new-build activity, while tight rentals and limited stock create a moderate window for capital growth if regional employment stays steady.