5 Newmarket Terrace

Miners Rest VIC 3352

The size of Miners Rest is approximately 30.8 square kilometres. It has 9 parks covering nearly 4.7% of total area. The population of Miners Rest in 2011 was 2,542 people. By 2016 the population was 3,089 showing a population growth of 21.5% in the area during that time. The predominant age group in Miners Rest is 0-9 years. Households in Miners Rest are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Miners Rest work in a professional occupation. In 2011, 84.6% of the homes in Miners Rest were owner-occupied compared with 81.4% in 2016.

Miners Rest has 1,749 properties. Over the last 5 years, Houses in Miners Rest have seen a 30.10% increase in median value, while Units have seen a 25.24% increase. As at 31 October 2024:

• The median value for Houses in Miners Rest is $569,829 while the median value for Units is $395,829.
• Houses have a median rent of $440 while Units have a median rent of $300.