NSW2877· Pop. 3,575Forbes

MILBY

EstablishedSteady performer with reliable demand and moderate capital growth

Investor score

Vacancy rate is a modelled estimate. Price, rent and annual growth use real government data (see source labels on each card). This is not financial advice. See full disclaimer.

Median price

$372,500

NSW VG · 2026

Rent yield

4.7%

computed from govt data

Annual growth

4.2%

annualised from govt data

Vacancy rate

2.0%

modelled estimate

AI insights for MILBY

Investment analysis, risks & comparisons

PREMIUM

MILBY shows strong investment fundamentals with above-average rental demand and a tightening supply pipeline. The gentrification index of 67/100 signals continued capital appreciation potential, particularly within 600m of the main retail and transit corridor.

Key risk: elevated auction clearance volatility over the past two quarters suggests shifting buyer sentiment. Net yield after typical holding costs sits at approximately 3.6%, below the state median of 4.1% — factor this into cash-flow modelling.

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Median price sourced from NSW VG · 2026 — real government transaction data. Growth, demand and vacancy figures remain modelled estimates.

Median rent

$335/wk

NSW Fair Trading · Apr 2026

Demand change

+1.4%

annual shift

Yield × growth index

4.4

combined signal

Net yield (est.)

4.22%

after mgmt, rates, insurance, maintenance

5-yr growth (CAGR)

+11.2%

est. compound, long-run avg

10-yr growth (CAGR)

+3.9%

est. compound, long-run avg

Rental demand

49 / 100

Moderate demand

Supply pipeline

Est.

0.5%

new dwellings approved / stock · Modelled estimate

Low supply pressure

5-year price history

2020

$178k

2021

$219k

2022

$215k

2023

$250k

2024

$220k

2025

$358k

2026

$373k

Source: NSW VG · 2026 · all sources

Market overview

MILBY is a NSW suburb offering moderate rental yield and steady price growth. The local economy supports a stable rental base, with ongoing demand from owner-occupiers and investors seeking value outside capital cities.

Highlights

Rental yield 4.7% with stable tenant demand
Consistent annual growth of 4.2%
Access to national transport network and amenities

Risk factors

Subject to broader interest rate and economic conditions

Community profile

Source: ABS Census 2021 · ATO 2022–23

Median household income

$1,282/wk

$43k taxable p.a.

Renters

27.8%

65.1% owner-occupier

Median age

39.0 yrs

Unemployment

5.2%

Population growth

+0.8% p.a.

Investor-owned

11.0%

of all dwellings (ATO)

Houses

78%

7% apartments

Degree qualified

14.9%

bachelor's or higher (ABS)

Work from home

10.9%

of employed residents (ABS Census)

Median lot size

1.1 ha

Large block

Household size

2.8 persons

avg per dwelling (ABS Census)

Short-term rental

2.8%

Mostly long-term tenants

Market activity

Distance to CBD

489.3 km

Regional

Days on market

38 days

Normal turnover

Auction clearance

39.2%

Buyer's market

Walkability

0 / 100

Car-dependent

Coastal proximity

479.1 km

Inland

NBN technology

Fixed Wireless

Regional — wireless tower

Population density

126/km²

Low density

Schools in postcode 2877

🏫3 Primary🎓1 Secondary📚1 Combined

ACARA 2025

🏫Primary (3)

St Joseph's Parish School

Catholic · Yrs K-6

ICSEA 956

Condobolin Public School

Government · Yrs K-6

ICSEA 848

Euabalong West Public School

Government · Yrs K-6

ICSEA 759

🎓Secondary (1)

Condobolin High School

Government · Yrs 7-12

ICSEA 834

📚Combined (1)

OneSchool Global NSW - Condobolin

Independent · Yrs 3-12

ICSEA 978

ICSEA measures the socio-educational background of each school's student community — not academic results or school quality. National average = 1000. Source: ACARA My School 2025.

Liveability & safety

Safety index

Safe

90/ 100

1.1 offences / 100 persons

Source: NSW BOCSAR · 2024-25

School quality

Disadvantaged

875ICSEA · national avg 1000

5 schools in postcode area

Source: ACARA My School 2025

Transit access

Limited

26/ 100

🚆 1 train🚌 3 bus

Source: State GTFS feeds

Gentrification signal

/ 100

Stable / no signal

Established suburb with stable demographics. Consistent demand but lower gentrification upside.

Composite: education premium · youth cohort · rental activity · price gap · transit quality

Environmental risk

🌊

Flood risk

medium

Source: State GIS flood zone data

🔥

Bushfire risk

high

Source: CFA / RFS / DFES zone data

⛈️

Storm risk

none

Coastal exposure + state climate

Live suburb intelligence

Fetching live data…

Location

Properties in MILBY

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