Millbank Suburb Profile
Queensland 4670

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Millbank has 1,209 properties. Over the last 5 years, Houses in Millbank have seen a 118.49% increase in median value, while Units have seen a 80.01% increase. As at 31 October 2024:

  • The median value for Houses in Millbank is $509,231 while the median value for Units is $368,389.
  • Houses have a median rent of $500 while Units have a median rent of $355.
There are currently 3 properties listed for sale, and no properties listed for rent in Millbank on OnTheHouse. According to CoreLogic's data, 51 properties were sold in the past 12 months in Millbank.

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.

Suburb Insights for MILLBANK 4670

Market Insights
Millbank Trends for Houses
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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Millbank Trends for Units
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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age

Population 2,516

0-9

 

11%

10-19

 

11%

20-29

 

11%

30-39

 

9%

40-49

 

10%

50-59

 

11%

60-69

 

15%

70-79

 

12%

80-89

 

8%

90-99

 

3%

Household Structure
Occupancy

Last Updated: 23/11/2024

Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.