Millbrook Suburb Profile
Victoria 3352

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Millbrook has 122 properties. Over the last 5 years, Houses in Millbrook have seen a 42.41% increase in median value, while Units have seen a -76.31% decrease. As at 31 May 2024:

  • The median value for Houses in Millbrook is $763,766 while the median value for Units is $462,554.
There are currently 3 properties listed for sale, and no properties listed for rent in Millbrook on OnTheHouse. According to CoreLogic's data, 1 property were sold in the past 12 months in Millbrook.

The size of Millbrook is approximately 39.3 square kilometres. The population of Millbrook in 2011 was 359 people. By 2016 the population was 136 showing a population decline of 62.1% in the area during that time. The predominant age group in Millbrook is 60-69 years. Households in Millbrook are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Millbrook work in a managers occupation. In 2011, 89.7% of the homes in Millbrook were owner-occupied compared with 92.2% in 2016..

Suburb Insights for MILLBROOK 3352

Market Insights
Millbrook Trends for Houses
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Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Millbrook Trends for Units
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Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age

Population 136

0-9

 

4%

10-19

 

17%

20-29

 

8%

30-39

 

10%

40-49

 

6%

50-59

 

16%

60-69

 

19%

70-79

 

4%

80-89

 

3%

Household Structure
Occupancy

Last Updated: 06/07/2024

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.