Millswood SA Property Investment

Unley · 5034

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Median House Price

$1.90M

As of 7 Nov 2026.

Rental Yield

N/A

Vacancy Rate

N/A

Median Weekly Rent

N/A

Median Unit Price

$921K

As of 7 Nov 2026.

Population (Census 2021)

2,173

Millswood Short-Term Rental Market

Short-stay estimate: run a brief

New dwellings approved

New dwellings approved, Unley council area, 12 months to Aug 2026: 276. Source: ABS Building Approvals, Australia (cat. 8731.0). This is the whole council area, not just Millswood.

Suburb Metric Thresholds

6 green0 yellow1 red

Population growth 2016–21, postcode 5034 (ABS Census)

0.21 high impact

Median Household Income

2020 medium impact

Public Transport Score

9.3 medium impact

School Zone Quality

8.2 medium impact

Distance to CBD

3.21 medium impact

SEIFA Advantage/Disadvantage

9 medium impact

Owner Occupier Rate

66.5 medium impact

Macro Environment

Macro Indicators

Cash Rate

4.85%

▲ 0.25%

Cash rate 4.85% as at 2026-11-04 (effective date) · Source: RBA cash rate target · Credit data 2026-09

Socio-Economic Profile

Source: ABS Census 2021

SEIFA Index · Postcode 5034

Most disadvantagedLeast disadvantaged

Decile 9 of 10 — Low disadvantage

Population (suburb)

2,173

Education (IEO)

10/10

Econ. Resources (IER)

6/10

Crime & Safety

Source: South Australia Police · 12 months to Jun 2026

Safety score

5.9/10

Offences per 1,000

29.4

Recorded offences

Millswood: score 1–10, relative to other SA suburbs (10 = lowest recorded offence rate per resident). Recorded offences, 12 months to Jun 2026 (suburb-level).

Source: South Australia Police, recorded offences, 12 months to Jun 2026. Population: ABS Census 2021 (SAL). Licensed under CC BY 3.0 AU. Dataset

Schools

In your catchment

Unley High School

SecondaryGovernment

7.6/10

These are the government-school zones containing this suburb centroid. Specific addresses within the suburb may fall in different catchments — confirm with the school directly.

Nearby Suburbs

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Data sourced from ABS, state government property sales, and Airbnb market analytics. For informational purposes only — not financial advice.