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Suburb Insights ยท SA 5291

Mil-Lel 5291, South Australia

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Mil-Lel is a regional centre in South Australia, Australia, with a population of approximately 382, making it a boutique locality. Located approximately 376 km from the Adelaide CBD, Mil-Lel is a regional area in South Australia. The median household income is $116,376 AUD per year (ABS 2021 Census).

Investment Score

46 / 100 Moderate

Mil-Lel benefits from a high-income resident base, supporting premium property pricing. Distance from major centres is a consideration, though regional markets can offer higher rental yields.

Location

Map shows Mil-Lel, South Australia, Australia.

Key Indicators

Postcode
5291

Official Australia Post postcode for Mil-Lel. A postcode may cover multiple suburbs.

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Population
382

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$195/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

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Median Household Income
$116,376/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
376 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb based on ABS 2021 data.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$1,733/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
86% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

As a regional centre, Mil-Lel serves a wide catchment area. Regional property can offer higher rental yields than metro equivalents, though investors should assess local employment diversity and infrastructure plans. The median rent of $195/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,733/month. A median household income of $116,376/year supports premium property values and indicates a well-employed resident base. 86% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

Holding property in Mil-Lel over the medium term may deliver steady, if unspectacular, returns.

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Rental Yield

Mil-Lel's rental market is softer โ€” budget for potential vacancy periods.

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Renovation / Flip

Limited buyer depth in Mil-Lel makes flip strategies higher-risk โ€” consider rental conversion instead.

Risk Factors

Run the numbers on a Mil-Lel property

Full Property Analysis

30-year projections for Mil-Lel

Scenario comparison, cash flow analysis, tax modelling, and PDF export โ€” all in one place.

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Price movement in Mil-Lel is expected to be flat to modest in 2026, reflecting broader regional market conditions. The rental pipeline in Mil-Lel is thinner โ€” flexible lease terms could help secure tenants faster. Investor sentiment toward Mil-Lel is currently lukewarm โ€” value hunters may find opportunity here.

Frequently Asked Questions

Is Mil-Lel a good suburb for investment?

Mil-Lel is a regional area in South Australia with a population of 382. The median rent is $195/week and the median household income is $116,376/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Mil-Lel?

Key demand drivers in Mil-Lel include regional employment hubs, lifestyle, and affordability. 86% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Mil-Lel?

According to the ABS 2021 Census, Mil-Lel has a population of approximately 382. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Mil-Lel from the Adelaide CBD?

Mil-Lel is approximately 376 km straight-line distance from the Adelaide CBD (calculated from ABS 2021 suburb centroid coordinates). As a regional or remote location, travel to the capital is significant โ€” local amenities and employment are important investment considerations.

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