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Why Invest in Milton Property?

Milton is a prestigious Inner Brisbane city suburb located only 2km from the Brisbane CBD and surrounded by blue chip leafy street suburbs of Paddington, Bardon and Auchenflower.

Achieving apartment average price growth of 11.3% per annum over the last 10 years, if you're looking to invest in Brisbane, Milton is the place to be.

brisbane apartment price growth graph

Other reasons why Milton is booming*:

  • 2010 Median Apartment price in Milton $483,000
  • Only 298 new off the plan apartments are available for sale in Milton, limited stock supply.
  • Median Apartment price growth in Milton 11.3% per annum (2000-2010), twice the average annual increase of the Brisbane CBD, which was only 5.6% (2000 - 2010)
  • 2011 Milton vacancy rate - 0.7%, Brisbane CBD 1.4%.
  • High rental demand - 62% Household are renting.
  • 3.5 hectare Future Parkland, 800m from the Milton, reduces the future supply of new apartments by approximately 670.
  • Established lifestyle precinct, such as Park Road, attracts a 10% - 15% premium for property.
  • 10% - 20% premium for properties within close proximity to Railway Stations.

*Source: "Milton & the Inner West - Matusik Market Update" By Matusik Property Insights Pty Ltd, April 2011

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For a well established precinct containing some more than reasonable potential residential development sites, the Inner West remains undersupplied in terms of multi-residential apartment projects.
Colliers International Research 2010