Millbank Suburb Profile

Queensland 4670

Millbank has 1,215 properties. Over the last 5 years, Houses in Millbank have seen a 121.45% increase in median value, while Units have seen a 76.19% increase. As at 30 November 2024:

• The median value for Houses in Millbank is $516,956 while the median value for Units is $380,592.
• Houses have a median rent of $520 while Units have a median rent of $335.

The size of Millbank is approximately 3.4 square kilometres. It has 4 parks covering nearly 7.8% of total area. The population of Millbank in 2011 was 2,601 people. By 2016 the population was 2,516 showing a population decline of 3.3% in the area during that time. The predominant age group in Millbank is 60-69 years. Households in Millbank are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Millbank work in a professional occupation. In 2011, 60.4% of the homes in Millbank were owner-occupied compared with 55.7% in 2016.