Question 1

Is Millbridge a nice place to live?

Accepted Answer

Millbridge is a modern, family-oriented suburb in the Bunbury region set around parkland and the Collie River, with easy access to the nearby estuary. Streets of recent, low-maintenance homes sit beside reserves and riverside walking and cycling routes, and there are local playgrounds and neighbourhood parks for everyday outdoor life. Shopping, schools and regional services are a short drive away, and a bridge link to Treendale includes a dedicated pedestrian and cycle connection as well as a road crossing.

With 2,736 people, a median age of 33 and a median household income of $2,458 a week, Millbridge is weighted towards couple families, especially those with children, and most homes are owner-occupied. Council plans for East Millbridge include a new playground and a junior soccer field, and developer contributions toward irrigation and reticulation works are part of those proposals. Whether that mix suits you depends on what you value in a suburb.

Question 2

Is it expensive to live in Millbridge?

Accepted Answer

Against Millbridge's median household income as recorded at the last Census, a house rent of $735 a week would take about 29.9% of a typical local household's weekly income, just under a third and a moderate share. The median house price of $948,000 works out to about 7.4 times a typical local annual household income at the last Census, which sits well above local incomes. On these figures, buying appears more stretched against what households earned at the last Census than renting does.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Millbridge a good place to invest?

Accepted Answer

House values in Millbridge climbed 21.3% over the past 12 months, a strong rise. Over the same period house rents fell 0.7%, a slight decline, so price growth outpaced rental income on the house side. If capital growth is your focus, the 21.3% increase is the key figure; if rental income matters more, note the small drop in rents. Whether that balance suits you depends on your goals and circumstances.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	$948K	N/A
Change in value Past 12 months	21.3%	N/A
Sold Past 3 months	11	N/A
Median days on market Past 12 months	10	N/A
Average rent Past 12 months	$735	N/A
Change in rent Past 12 months	-0.7%	N/A

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