The size of Milvale is approximately 296.2 square kilometres. The population of Milvale in 2011 was 495 people. By 2016 the population was 63 showing a population decline of 87.3% in the area during that time. The predominant age group in Milvale is 60-69 years. Households in Milvale are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Milvale work in a managers occupation. In 2011, 67.6% of the homes in Milvale were owner-occupied compared with 88.4% in 2016..
Milvale has 118 properties. Over the last 5 years, Houses in Milvale have seen a 79.21% increase in median value. As at 31 October 2024:
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