217 Mount Gambier Road, Millicent SA 5280
217 Mount Gambier Road, Millicent SA 5280
This 3-bedroom, 1-bathroom house with 6 car spaces is positioned in Millicent SA. The property is suited to family living in an established residential setting.
Detailed Independent Property Report prepared by PropCred Analyst team for 217 Mount Gambier Road, Millicent SA 5280
Checks found:
Value Risk
✕
2
Liquidity Risk
✓
Planning Risk
✓
Income Risk
✕
2
Execution Risk
✕
2
Market Insight
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.
PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
6
Land
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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