Mill Park Suburb ProfileVictoria 3082
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Mill Park has 11,936 properties. Over the last 5 years, Houses in Mill Park have seen a 33.16% increase in median value, while Units have seen a 18.89% increase. As at 31 May 2024:
- The median value for Houses in Mill Park is $827,758 while the median value for Units is $491,862.
- Houses have a median rent of $500 while Units have a median rent of $440.
The size of Mill Park is approximately 12.8 square kilometres. It has 60 parks covering nearly 18.3% of total area. The population of Mill Park in 2011 was 30,517 people. By 2016 the population was 29,732 showing a population decline of 2.6% in the area during that time. The predominant age group in Mill Park is 50-59 years. Households in Mill Park are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mill Park work in a professional occupation. In 2011, 79.2% of the homes in Mill Park were owner-occupied compared with 76.3% in 2016.
Market Insights
Mill Park Trends for Houses
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Mill Park Trends for Units
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Neighbourhood Insights
Age
Population 29,732
0-9
11%
10-19
13%
20-29
16%
30-39
13%
40-49
14%
50-59
16%
60-69
11%
70-79
5%
80-89
2%
Household Structure
Occupancy
Recent Sales in MILL PARK 3082
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Properties for sale in MILL PARK 3082
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0Properties for rent in MILL PARK 3082
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0© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.
Last Updated: 06/07/2024
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