Property management in Milton
Your suburb profile by Running Property
Situated just 2 kilometres west of the Brisbane CBD, Milton (4064) is a diverse suburb with a mix of residential, light industry, warehouses, commercial offices, and retail.
With a population of almost 2,000 people, Milton is divided by the major arterial roads, Milton Road alongside the rail line, and Coronation Drive running along the Brisbane River.
Milton offers a good choice of public transport options. In fact, Milton train station on the Ipswich line was opened in 1875. Milton is also home to some of Queensland’s most iconic landmarks, such as the famous Castlemaine Perkins XXXX brewery, Lang Park (or Suncorp Stadium), and Park Road’s busy restaurant and café strip.
Data from realestate.com.au shows that the median Milton house price was $840K in 2016, with the median unit price being $550K. For investment property owners, Milton offers a median rent for houses of $550 per week, and the median rent for units $495 per week. There is average rental demand for both houses and units in the suburb.
For expert advice on attracting the best quality tenants for your Milton investment property, talk to the expert Running Property team. Our property managers have the local knowledge that can make all the difference to your rental return.
If you’d like a rental appraisal for your Milton investment property, fill out the contact form here or call Running Property on 07 3392 1544 today.