All Suburbs

Miller

NSW 2168LGA: City of Liverpool

Investment Score

72

/100

AI Intelligence Summary

Miller (2168) presents as a compelling Western Sydney suburb, particularly for first-time homebuyers and investors seeking value and growth potential. With a median house price of $650,000, it offers a significantly more accessible entry point into the Sydney property market compared to more established areas, making homeownership a tangible reality for many. The suburb's strong 'Investment Score' of 72.0/100 and 'Growth Potential' of 68.0/100 highlight its appeal to investors, further bolstered by a solid rental yield of 4.8% for houses and a healthy low vacancy rate of 2.1%. This indicates strong rental demand and a stable income stream for property owners. Miller's population of 8,500 suggests a community-oriented environment, while the median income of $52,000 indicates an affordable cost of living relative to the Sydney average. While its 'Walkability Score' of 55.0/100 and 'Schools Rating' and 'Safety Rating' of 6.0/10 each suggest room for improvement in amenities and social infrastructure, these factors are often balanced by the affordability and investment upside. Its 35.0km distance to the CBD positions it as a commuter suburb, likely appealing to those who work in the city but prefer a more suburban lifestyle and lower housing costs. The overall market position of Miller is one of an evolving, affordable, and investment-friendly locale within the broader Sydney metropolitan area, poised for continued interest from both owner-occupiers and savvy investors.

Strengths

  • Highly affordable entry point into the Sydney housing market
  • Strong investment potential with a high Investment Score
  • Solid rental yield for houses providing attractive returns
  • Low vacancy rate indicating strong rental demand and stability

Opportunities

  • Potential for infrastructure improvements to enhance liveability and property values
  • Ongoing urban development in Western Sydney could boost local amenities and services
  • Continued demand from first-time homebuyers seeking affordability
  • Strategic investment for long-term capital growth and rental income

Considerations

  • Lower walkability score suggesting reliance on private transport
  • Average ratings for schools and safety indicate areas for improvement
  • Distance from the CBD may be a factor for some commuters

Property Market

Median House

$650K

+4.2% 1yr

Median Unit

$420K

+3.8% 1yr

Median Townhouse

$580K

Rent (House)

$600/wk

Rent (Unit)

$420/wk

Days on Market

42

Vacancy Rate

2.1%

Auction Clearance

62.0%

Price Growth

Type1 Year3 Year5 Year
House+4.2%+12.5%+28.0%
Unit+3.8%+11.2%+25.5%

Rental Yields

House Yield

4.8%

Unit Yield

5.2%

Townhouse Yield

4.6%

Investment Scorecard

Overall Investment Score72/100
Growth Potential68/100
Cashflow Score78/100
Risk Score (lower = safer)65/100
Affordability Index75/100

Demand/Supply Ratio: 1.40

Demand exceeds supply — favourable for sellers

Tax & Financial Intelligence

CPA-grade analysis for Miller at median house price

Standard transfer
$23,780
First Home Buyer
Exempt

Save $23,780

Foreign buyer surcharge
$52,000

+8% surcharge

Annual rent income
$31,200

$600/wk

Interest (80% LVR @ 6.5%)
-$33,800
Other expenses (~2.5%)
-$16,250
Net rental position
-$18,850

Negatively geared

Tax benefit (39% MTR)
+$7,352

Reduces taxable income

After-tax holding cost
$11,499/yr

~$221/week

Based on 5.6% p.a. growth (from 5-year trend), 50% CGT discount, 39% MTR

5-Year Hold

Est. value
$853,558
Capital gain
$176,528
After discount
$88,264
CGT payable
$34,423

10-Year Hold

Est. value
$1.12M
Capital gain
$443,833
After discount
$221,917
CGT payable
$86,547

Investor Quick Summary

Entry cost (stamp duty)

$23,780

After-tax yield

2.93%

Weekly holding cost

$221/wk

10yr CGT (est.)

$86,547

Estimates based on FY2025 NSW rates at median house price. Assumes 80% LVR, 6.5% interest rate, 39% marginal tax rate ($135K-$190K bracket). This calculator provides estimates for illustrative purposes only and does not constitute financial, tax, or investment advice. Results depend on assumptions that may not reflect your actual situation. Tax laws, interest rates, and market conditions change frequently. Always consult a qualified professional — such as a CPA, mortgage broker, or financial adviser — before making financial decisions. Ding Group provides integrated advisory through Local Knowledge (CPA), Ding Financial (Mortgage Brokerage), and Ding Real Estate (Licensed Agency).

Demographics

Population

8,500

Median Age

32

Median Income

$52K

per annum

Family Households

58.0%

Professionals

28.0%

University Educated

22.0%

Unemployment

8.2%

Born Overseas

48.0%

Dwelling Mix

Houses: 72%Units: 22%Townhouses: 6%Total: 3,200

Lifestyle & Community

Walkability55/100
Public Transport7/10
Schools Rating6/10
Safety6/10
Family Friendly7/10
Cafes & Restaurants

8

Parks

5

Hospitals

1

Distance to CBD

35.0 km

Nearest Station: Miller Station

Family-focused lifestyle with local parks, community facilities, and easy access to Liverpool's amenities. The area offers affordable living with good transport links to Sydney.

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Data sourced from multiple sources. Last updated 16 April 2026.

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