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Median values are calculated based on data over a 12 month period.
Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government. About this data
Median values are calculated based on data over a 12 month period.
Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government. About this data
Market Report
In Miles, the median property price for a house is currently 288,500 with annual capital growth of 13.14 . There were 60 house sales in the past 12 months. On average, houses spend 49 days on market.
If you're thinking about buying an investment property in Miles, consider that rental yields for houses are currently 7.58 with an average median rent of 370 weekly. Houses have seen 1.23 growth in the past quarter, and 13.14 growth in the past 12 months.
The size of Miles is approximately 437.8 square kilometres. It has 8 parks covering nearly 0.2% of total area. The population of Miles in 2011 was 1,853 people. By 2016 the population was 1,731 showing a population decline of 6.6% in the area during that time. The predominant age group in Miles is 0-9 years.
Households in Miles are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Miles work in a trades occupation. In 2011, 63% of the homes in Miles were owner-occupied compared with 47% in 2016.
There were 13 unit sales in the past 12 months.
If you're thinking about buying an investment property in Miles, consider that rental yields for units are currently 6.90 with an average median rent of 300 weekly.
The size of Miles is approximately 437.8 square kilometres. It has 8 parks covering nearly 0.2% of total area. The population of Miles in 2011 was 1,853 people. By 2016 the population was 1,731 showing a population decline of 6.6% in the area during that time. The predominant age group in Miles is 0-9 years.
Households in Miles are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Miles work in a trades occupation. In 2011, 63% of the homes in Miles were owner-occupied compared with 47% in 2016.
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| Key Market Data | House | Unit |
| Median price | 288,500 | 220,000 |
| Quarterly growth | +1.23 | 0.00 |
| 12-month growth | +13.14 | – |
| Average annual growth | +18.21 | – |
| Weekly median rent | 370 | 300 |
| Gross rental yield | 7.58 | 6.90 |
| Number of Sales (12m) | 60 | 13 |
| Avg. Days on Market (12m) | 49 | – |
| Key Demographics | 2011 | 2016 |
| Total population | 1,853 | 1,731 |
| Population change (5y) | +42.76 | -6.60 |
| Median household income (p/w) | 952 | 1,169 |
| Household income change (5y) | +50.87 | +22.79 |
| Median age of persons | 39 | 37 |
Demographic Trends
Better understand demographic trends by reviewing the latest suburb demographic data below.
The population of Miles was 1,731 in 2016, a -6.60 change compared to 2011.
The predominant age group in Miles is 0-9 years.
The population of Miles was 1,731 in 2016, a -6.60 change compared to 2011.
The predominant age group in Miles is 0-9 years.
Most of the population in Miles were born in Australia.
Most of the population in Miles were born in Australia.
Most of the population in Miles report their religion as Catholic.
Most of the population in Miles report their religion as Anglican.
Most of the population in Miles report their income range as between 15,000 and 33,000 .
The median household income in Miles was 1,169 in 2016, a +22.79 change compared to 2011.
Most of the population in Miles report their income range as between 15,000 and 31,000 .
The median household income in Miles was 952 in 2011, a +50.87 change compared to 2006.
Most of the population in Miles work as Trades.
Most of the population in Miles work as Managers.
The chart below demonstrates the various levels of education in Miles.
The chart below demonstrates the various levels of education in Miles.
Most of the population in Miles reached a qualification level of Certificate.
Most of the population in Miles reached a qualification level of Certificate.
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