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Property Report & Market Data In Mill Park

Secure properties for sale and find the perfect house or unit to fit your budget. Property Market Data, House Prices, Investment Data & Full Suburb Profile

Average Market Value In Mill Park

Discover an accurate property market values with Cockatoo’s expert guidance.
Median house prices in Mill Park have shown steady annual growth in the past five years, reflecting ongoing demand from families and first-home buyers. Unit values remain more affordable, with moderate appreciation witnessed more recently.

765000

Median House Price

2.6 %

House Price Growth

520000

Median Unit Price

1.7 %

Unit Price Growth

Sales Trends In Mill Park

Stay ahead of the fast-moving sales trends around Mill Park
Sales volumes remain stable with median prices increasing slightly year-on-year. Properties, particularly family homes, tend to sell faster than the wider metropolitan average due to sustained local demand.

181

Total Houses Sold

66

Total Units Sold

32

Days On Market (Houses)

3.5

Vendor Discount

Local Population Movement In Mill Park

Learn who is moving in and out of Mill Park! Is it on the rise or decline?
The suburb is experiencing moderate population growth, drawing in young families from inner suburbs, supported by new developments and upgraded infrastructure.

29710

Population Size In Mill Park

0.8

Population Growth In Mill Park

35-44

Dominant Age Group InMill Park

Couples with children

Household Types In Mill Park

Market Decline or Growth Indicators For Mill Park

Learn who is moving in and out of Mill Park! Is it on the rise or decline?
Mill Park’s real estate market demonstrates ongoing growth supported by consistent buyer demand, low vacancy rates, and a steady influx of young families. Sales volumes remain healthy and supply is stable.

2.2

Annual Price Growth In Mill Park

247

Sales Activity Rate In Mill Park

2.5

Average Stock Inventory Time InMill Park

Rental Yields and Demand In Mill Park

Find out if this is a good investment opportunity buying real estate in and around Mill Park
Rental yields in Mill Park remain steady with vacancy rates below 2%, indicating robust demand from tenants, particularly for family homes and well-situated units.

181

Total Houses Sold

66

Total Units Sold

32

Days On Market (Houses)

1024

Days On Market (Units)

2036

Hours Spent

3.5

Vendor Discount

Affordability and Finance Options For Mill Park

Home Loans: Financing Your Dream Home In Mill Park. Get Pre-Approved Today.

181

Total Houses Sold

66

Total Units Sold

32

Days On Market (Houses)

1024

Days On Market (Units)

2036

Hours Spent

3.5

Vendor Discount

Lifestyle and Amenities In and Around Mill Park

Mill Park Lifestyle: Why Live Here
Mill Park offers a family-friendly lifestyle with numerous parks, recreational reserves, shopping centres like The Stables and Westfield Plenty Valley, sporting facilities, top-rated schools, and easy access to public transport including nearby South Morang train station. It's known for its quiet residential streets, community spirit, and proximity to medical centres and the scenic Darebin Creek.

25

Parks Count

1

Suburb Area

20

Distance To CBD

Property Type Breakdown Mill Park

Mill Park Properties: Houses vs. Units

181

Total Houses Sold

66

Total Units Sold

32

Days On Market (Houses)

1024

Days On Market (Units)

2036

Hours Spent

3.5

Vendor Discount

Mill Park Suburb Information

Mill Park Suburb Stats
State: Victoria
City: Melbourne
Population: 29,710
Postcode: 3082

Free Property Appraisal In Mill Park

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