Milltown Suburb Profile

Victoria 3304

Milltown has 58 properties. Over the last 5 years, Houses in Milltown have seen a 117.21% increase in median value, while Units have seen a 3.59% increase. As at 30 November 2024:

• The median value for Houses in Milltown is $427,008 while the median value for Units is $328,153.

The size of Milltown is approximately 69.5 square kilometres. It has 2 parks covering nearly 17.7% of total area. The population of Milltown in 2011 was 418 people. By 2016 the population was 52 showing a population decline of 87.6% in the area during that time. The predominant age group in Milltown is 50-59 years. Households in Milltown are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Milltown work in a trades occupation. In 2011, 82.2% of the homes in Milltown were owner-occupied compared with 76.1% in 2016..