Mill Park Suburb Profile

Victoria 3082

Mill Park has 11,939 properties. Over the last 5 years, Houses in Mill Park have seen a 20.86% increase in median value, while Units have seen a 20.37% increase. As at 31 October 2024:

• The median value for Houses in Mill Park is $804,031 while the median value for Units is $509,826.
• Houses have a median rent of $523 while Units have a median rent of $460.

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.