Question 1

Is Millner a nice place to live?

Accepted Answer

Millner is an established northern suburb between Darwin city and the airport with a practical, lived-in feel. Housing ranges from single-storey weatherboard and fibro cottages on generous blocks to more recent low-rise units and townhouses, so the mix suits families, downsizers and a range of household types. Local life centres on a neighbourhood shopping strip, community ovals and parkland, while main roads and regular bus services link residents to the city and larger retail precincts. The suburb is also close to Darwin’s coastal foreshore and waterfront reserves, giving easy access to outdoor recreation.

About 2,576 people live in Millner and the median age is 36; the typical household earns $1,817 a week. Families are mainly couple-based, and homes are split roughly half owned, half rented (owner-occupiers 50.9%, renters 49.0%). Bagot Park has had council-funded amenity and change-room upgrades, and planned local projects include a committed child care centre, recorded civil works and a small public housing build; the Department of Education has concluded consultation on a priority-enrolment-area review affecting local primary schools. Whether Millner suits you comes down to what you want from a suburb: established housing, parks, schools and transport links are what it offers.

Question 2

Is it expensive to live in Millner?

Accepted Answer

A typical household in Millner earned $1,817 a week at the last Census. A median unit price of $401,000 is about 4.2 times a typical local annual household income at the last Census, which places buying a unit somewhat above local incomes.

Rents of $690 a week for houses and $550 a week for units would take roughly 38% and 30% respectively of a typical local household's weekly income at the last Census, so renting would use a sizeable share of local income. Which feels expensive will depend on your own circumstances and whether you plan to rent or buy.

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 Millner a good place to invest?

Accepted Answer

Over the past 12 months Millner recorded strong gains in both prices and rents. Median house values climbed 28.2% while unit values rose 18.8%. Rents also increased strongly, with house rents up 15.0% and unit rents up 14.6%.

For someone weighing Millner as an investment, the value figures show the capital growth recorded over the year and the rent figures show how rental income moved. Houses led on capital growth and edged ahead on rent growth, so the house side has been the stronger performer over the past year. Whether that suits your objectives depends on your own 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	N/A	$401K
Change in value Past 12 months	28.2%	18.8%
Sold Past 3 months	6	13
Median days on market Past 12 months	69	68
Average rent Past 12 months	$690	$550
Change in rent Past 12 months	15.0%	14.6%

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