Millswood — Houses

NEUTRAL
SA 5034 House Rank #122 of 136 in Adelaide
$1.94M
Median House Price · recent comparable sales
DEMAND LIQUIDITY AFFORD GROWTH YIELD SUPPLY
VERDICT
NEUTRAL
DEMAND
0 buyers/listing
Weak
LIQUIDITY
30d DOM
Neutral
AFFORDABILITY
24.0% vs 5yr
Weak
GROWTH OUTLOOK
Average
Neutral
YIELD
1.9%
Weak
SUPPLY PRESSURE
0.3% vacancy
Strong
#122/136 Average Structure 50 $1.94M

Atlaso rates Millswood houses as HOLD. Average growth outlook. Vacancy is extremely tight at 0.29%, well below the 2.5% equilibrium, but conviction is not high enough for a BUY rating. Better houses options may be available in Adelaide.

At $1.94M, Millswood ranks #122 of 136 houses in Adelaide. The long-term structural outlook is Average. Rental yield is compressed at 1.9%.

OPPORTUNITY ENGINE

Structural opportunity remains selective at this price level.

5 stronger-positioned houses identified in Adelaide.

Market Intelligence

What's Happening Now

Balanced No strong buyer or seller advantage right now.
+14.6%
Asking Prices (3mo)
-13.7%
Rents (12mo)
0.4%
Vacancy
51%
Fresh Stock (<30d)

House Asking Prices (12 months)

$1.90M

House Weekly Rents (12 months)

$728/wk

Vacancy Rate (24 months)

--- 1.5% tight --- 3.0% loose

Listing Age (12 months)

Fresh (<30d) 30-60d 60-90d 90-180d 180d+

Data for postcode 5034.

Suburb Profile

Millswood at a Glance

SEIFA Index
9/10
Most advantaged
Household Income
$2,020/wk
Median household
Median Age
41
Years
Mortgage Stress
24%
of income
Population Growth
+0.7%
vs state +1.3%
Ownership Mix
34.9% owned 32.8% mortgage 30.3% renting

Demographic Trends

Millswood Over Time

Median Household Income (Census)

Population Growth Rate (Census)

Dwelling Composition (Census)

Rental Yield History

Census data: ABS. Yield series: weekly market data.

Full Millswood Analysis

Access the full structural analysis, fair value estimate, bedroom-level pricing, and supply intelligence.

3-Year Structural Outlook Strong
Conviction Level High
Fair Value Gap X.X% undervalued
3-Bed House Price $X,XXX,XXX
Gross Yield X.X%
Weekly Rent $XXX
SEIFA Decile X/10
Building Approvals XX dwellings

Frequently Asked Questions

Is Millswood a good suburb to invest in?
Atlaso rates Millswood as HOLD confidence for capital growth. In our out-of-sample testing, 90% of our STRONG BUY suburbs grew more than 8% annually. Our model analyses price trends, volume, demographics, and market conditions across Millswood and 46 Australian cities to generate this rating.
What is the median house price in Millswood?
The current median house price in Millswood, sa is $1.94M, with annual growth of +11.9%.
How fast do properties sell in Millswood?
Days on market data is not currently available for Millswood.
What is the growth outlook for Millswood?
Atlaso's model analyses 23 structural signals including price history, volume trends, yields, and vacancy to rate Millswood's growth potential. The model predicts whether a suburb is likely to outperform, not by how much. Our ratings have been validated across 46 Australian cities, with 90% of top-rated suburbs growing more than 8% a year.
What is the rental yield in Millswood?
The gross rental yield for houses in Millswood is 1.9%. This is below average, typical of capital-growth focused suburbs where prices have outpaced rents.

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Important: Atlaso provides general research information only and does not constitute personal financial advice, property advice, or a recommendation to buy, sell, or hold any property. Suburb scores, growth ratings, rental yield estimates, and market signals are based on quantitative models using historical data. They are not guarantees of future performance. Property values can fall as well as rise. You should seek independent licensed financial and property advice before making any investment decision. Atlaso Pty Ltd (ABN 84 696 036 469) is not a licensed financial adviser and does not hold an Australian Financial Services Licence (AFSL).