micromarkets

Mill Park, VIC 3082

Property data updated July 202628,712 residents

Last 12 months snapshot

436 sales · 534 leases · Refreshed July 2026

Mill Park property market

Most of Mill Park's activity is house rentals, with 437 leases (down 2.5%) at $565 a week (up 3.7%) as of July 2026, renting out in about 24 days (up from 23 days last year), more sought-after than most house rental markets in Victoria, mostly 3-bedroom (around 65%).

House sales sit just behind, with 366 sales (down 6.2%) at around $846k (up 5.8%), taking about 24 days to sell, among the country's most in-demand house markets, just over half of homes are 3-bedroom. Then come 97 unit rentals at $505 a week. 70 unit sales at around $592k (one of Victoria's strongest unit price gains).

House covers houses, duplexes, semi-detached and terraces; Unit covers apartments, units, townhouses and villas.

Census · ABS 2021

Mill Park demographics & population

Population

28,712

Median age

40yrs

Avg household

2.7people

Male · Female

49% · 51%

Owner-occupied

Renting

Lone person

Couples, no kids

Born overseas

Year 12+ⓘ

Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing and Socio-Economic Indexes for Areas (SEIFA) 2021 · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.

The full Mill Park report

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InsideWho lives here · What homes cost to buy & rent · How fast homes are selling · How much is for sale or rent · How it compares to nearby suburbs · Schools nearby

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Census · ABS 2021

Who lives in Mill Park?

The age structure, household make-up, and cultural fabric of the people who call this suburb home.

Age & sex17,492 residentsMaleFemale

Share of all residents by 5-year band · hover a band for the count + split

Life stage

50%

Children0–1450%Youth15–2450%Young adults25–3450%Midlife35–5450%Mature55–6450%Seniors65+50%

Household composition

50%

Lone person50%Couples, no kids50%Families with kids50%Other families50%Group / share50%

2.0 people / household0.7 persons / bedroom50% are 5+ person

Household sizepersons per dwelling

50%1

50%2

50%3

50%4

50%5

50%6+

Cultural make-upshare of residents · diversity = odds two differ

Born overseas50%

Other language at home50%

Limited English50%

Both parents overseas50%

Australian citizens50%

Birthplace diversity46%

Chance two random residents were born in different countries

Language diversity43%

Chance two random residents speak different languages at home

Religious diversity35%

Chance two random residents follow different religions

Where residents were borntop birthplaces

Afghanistan50%

Australia50%

Bangladesh50%

Bosnia & Herzegovina50%

Brazil50%

Cambodia50%

Canada50%

Chile50%

Languages at hometop languages

English only50%

Afrikaans50%

Arabic50%

Australian Indigenous50%

Cantonese50%

Mandarin50%

Other Chinese50%

Croatian50%

Ancestry% reporting · multi-response

Australian50%

Aboriginal/Torres Strait Islander50%

Chinese50%

Croatian50%

Dutch50%

English50%

Faith & belieftap Christianity

No religion50%

Christianity50%

Islam50%

Buddhism50%

Hinduism50%

Judaism50%

Other religions50%

Family originsparents’ birthplace

50%

Both parents overseas50%One parent overseas50%Both parents in Australia50%

A strongly multicultural community with deep migrant heritage.

When migrants arrivedshare of overseas-born

Before 198150%

1981-200050%

2001-201050%

2011-201550%

2016-202150%

2020–21 understated — COVID border closures.

Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.

Census · ABS 2021

Housing & affordability in Mill Park

What it costs to live here, who owns versus rents, and the shape of the housing stock.

Affordability at a glance

LowMedianHighPercentile

Median weekly rentBottom 34%

Median monthly mortgageBottom 49%

Rent stress (rent ÷ income)Top 50%

Mortgage stress (repay ÷ income)Top 50%

High mortgage (≥$3k/mo)Top 50%

Social housingTop 50%

Unoccupied on census nightTop 50%

Large dwellings (4+ bed)Top 50%

This suburb Typical range (middle 50%) Median suburb

Bedrooms per dwellingshare of dwellings

50%0

50%1

50%2

50%3

50%4

50%5

50%6+

Who owns vs rentsoccupied dwellings

50%

Owned outright50%Mortgage50%Renting50%Other50%

What’s built heredwelling types

50%

House50%Townhouse50%Apartment50%Other50%

50% separate houses50% apartments50% high-rise

Census · ABS 2021

Income & employment in Mill Park

Incomes, employment, and the occupation mix of the people who live here.

Income & work at a glance

LowMedianHighPercentile

Median personal incomeBottom 29%

Median family incomeBottom 44%

Managers & professionalsTop 50%

High earners (≥$2k/wk)Top 50%

This suburb Typical range (middle 50%) Median suburb

Occupations

LowMedianHighPercentile

Managers & professionalsTop 50%

Clerical & adminTop 50%

Community & personal serviceTop 50%

Sales workersTop 50%

Technicians, trades & labourersTop 50%

Household incomeheight = share of households · weekly

Personal incomeheight = share of residents 15+ · weekly

A typical household pulls in about 3.4× the typical individual — a multi-earner area.

Labour forceemployment status · residents 15+

50%

Employed full-time50%Employed part-time50%Employed (away/other)50%Unemployed50%Not in labour force50%

LowMedianHighPercentile

Full-time workersTop 50%

Part-time workersTop 50%

Unemployment rateTop 50%

Not in labour forceTop 50%

Labour-force participationTop 50%

This suburb Typical range (middle 50%) Median suburb

Census · ABS 2021

Getting around Mill Park

How people get to work, and how car-dependent the suburb is — the clearest tell of inner-urban versus outer-suburban living.

Transport at a glance

LowMedianHighPercentile

Public transport to workTop 50%

Walked or cycled to workTop 50%

Worked from homeTop 50%

No motor vehicleTop 50%

Vehicles per dwellingBottom 11%

This suburb Typical range (middle 50%) Median suburb

Journey to workamong commuters · top modes

Car (driver)50%

Car (passenger)50%

Train50%

Bus50%

Tram/light rail50%

Ferry50%

Walked50%

Vehicles per dwellingshare of households

50%0

50%1

50%2

50%3

50%4+

Education · ACARA My School 2025

Schools in and around Mill Park

6 schools inside Mill Park, plus the closest options around it. Families can choose from 113 primary schools in Mill Park and its surrounds, and 41 high schools covering the secondary years. Distances are straight-line from the suburb centre and are not enrolment catchments — always confirm zones with the school.

Within Mill Park6schools in the suburb itself

Primary schools113within 5 km · nearest in suburb

Secondary schools41within 5 km · nearest in suburb

Median ICSEA rank50thenrolment-weighted

What is ICSEA Rank?

ICSEA is ACARA’s official measure of a school’s socio-educational advantage — based mainly on parents’ education and occupation, plus the school’s location and student mix.

Nearby within150 schools

Within Mill Park · 6Order by
1
St Francis of Assisi SchoolCatholic · Primary · Co-ed · Years Prep-6 · Within suburb
State RankTop 50%EnglishMathsStudents432Multilingual50%ICSEA Rank50th
2
Mill Park Secondary CollegeGovernment · Secondary · Co-ed · Years 7-12 · Within suburb
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
3
Findon Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Within suburb
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
4
Mill Park Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Within suburb
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
5
Mill Park Heights Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Within suburb
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
6
Plenty Parklands Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Within suburb
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
Nearby · within 5 km · 144
7
Northside Christian CollegeIndependent · Combined · Co-ed · Years Prep-12 · Bundoora · 4.6 km
State RankP Top 50%S Top 50%EnglishP S MathsP S Students432Multilingual50%ICSEA Rank50th
8
Loyola CollegeCatholic · Secondary · Co-ed · Years 7-12 · Watsonia · 4.6 km
State RankTop 50%EnglishMathsStudents432Multilingual50%ICSEA Rank50th
9
Mernda Hills Christian CollegeIndependent · Combined · Co-ed · Years Prep-12 · Mernda · 4.6 km
State RankTop 50%EnglishMathsStudents432Multilingual50%ICSEA Rank50th
10
Plenty Valley Christian CollegeIndependent · Combined · Co-ed · Years Prep-12 · Doreen · 4.6 km
State RankP Top 50%S Top 50%EnglishP S MathsP S Students432Multilingual50%ICSEA Rank50th
11
Viewbank CollegeGovernment · Secondary · Co-ed · Years 7-12 · Viewbank · 4.6 km
State RankTop 50%EnglishMathsStudents432Multilingual50%ICSEA Rank50th
12
Catholic Ladies' College LtdCatholic · Secondary · Years 7-12 · Eltham · 4.6 km
State RankTop 50%EnglishMathsStudents432Multilingual50%ICSEA Rank50th
13
Eltham High SchoolGovernment · Secondary · Co-ed · Years 7-12 · Eltham · 4.6 km
State RankTop 50%EnglishMathsStudents432Multilingual50%ICSEA Rank50th
14
Preston High SchoolGovernment · Secondary · Co-ed · Years 7-12 · Preston · 4.6 km
State RankTop 50%EnglishMathsStudents432Multilingual50%ICSEA Rank50th
15
Our Lady of Mercy CollegeCatholic · Secondary · Co-ed · Years 7-12 · Heidelberg · 4.6 km
State RankTop 50%EnglishMathsStudents432Multilingual50%ICSEA Rank50th
16
Thomastown East Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Thomastown · 4.6 km
State RankTop 50%EnglishMathsStudents432Multilingual50%ICSEA Rank50th
17
St Damian's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Bundoora · 4.6 km
State RankTop 50%EnglishMathsStudents432Multilingual50%ICSEA Rank50th
18
St Luke's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Lalor · 4.6 km
State RankTop 50%EnglishMathsStudents432Multilingual50%ICSEA Rank50th
19
Apollo Parkways Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Greensborough · 4.6 km
State RankTop 50%EnglishMathsStudents432Multilingual50%ICSEA Rank50th
20
Greensborough Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Greensborough · 4.6 km
State RankTop 50%EnglishMathsStudents432Multilingual50%ICSEA Rank50th
21
Greenhills Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Greensborough · 4.6 km
State RankTop 50%EnglishMathsStudents432Multilingual50%ICSEA Rank50th
22
Glowrey Catholic Primary SchoolCatholic · Primary · Co-ed · Years Prep-6 · Wollert · 4.6 km
State RankTop 50%EnglishMathsStudents432Multilingual50%ICSEA Rank50th
23
Our Lady of the Way SchoolCatholic · Primary · Co-ed · Years Prep-6 · Kingsbury · 4.6 km
State RankTop 50%EnglishMathsStudents432Multilingual50%ICSEA Rank50th
24
Mernda Park Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Mernda · 4.6 km
State RankTop 50%EnglishMathsStudents432Multilingual50%ICSEA Rank50th
25
Watsonia Heights Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Greensborough · 4.6 km
State RankTop 50%EnglishMathsStudents432Multilingual50%ICSEA Rank50th
26
North-Eastern Montessori SchoolIndependent · Primary · Co-ed · Years Prep-6 · St Helena · 4.6 km
State RankTop 50%EnglishMathsStudents432Multilingual50%ICSEA Rank50th
27
Holy Trinity Primary SchoolCatholic · Primary · Co-ed · Years Prep-6 · Eltham North · 4.6 km
State RankTop 50%EnglishMathsStudents432Multilingual50%ICSEA Rank50th
28
Montmorency Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Montmorency · 4.6 km
State RankTop 50%EnglishMathsStudents432Multilingual50%ICSEA Rank50th
29
Rosanna Golf Links Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Rosanna · 4.6 km
State RankTop 50%EnglishMathsStudents432Multilingual50%ICSEA Rank50th
30
St Joseph's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Mernda · 4.6 km
State RankTop 50%EnglishMathsStudents432Multilingual50%ICSEA Rank50th
31
St Martin of Tours SchoolCatholic · Primary · Co-ed · Years Prep-6 · Rosanna · 4.6 km
State RankTop 50%EnglishMathsStudents432Multilingual50%ICSEA Rank50th
32
St Francis Xavier Primary SchoolCatholic · Primary · Co-ed · Years Prep-6 · Montmorency · 4.6 km
State RankTop 50%EnglishMathsStudents432Multilingual50%ICSEA Rank50th
33
Viewbank Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Viewbank · 4.6 km
State RankTop 50%EnglishMathsStudents432Multilingual50%ICSEA Rank50th
34
Preston Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Preston · 4.6 km
State RankTop 50%EnglishMathsStudents432Multilingual50%ICSEA Rank50th
35
Eltham North Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Eltham North · 4.6 km
State RankTop 50%EnglishMathsStudents432Multilingual50%ICSEA Rank50th
36
Banyule Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Rosanna · 4.6 km
State RankTop 50%EnglishMathsStudents432Multilingual50%ICSEA Rank50th
37
Montmorency South Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Montmorency · 4.6 km
State RankTop 50%EnglishMathsStudents432Multilingual50%ICSEA Rank50th
38
Our Lady Help of Christians SchoolCatholic · Primary · Co-ed · Years Prep-6 · Eltham · 4.6 km
State RankTop 50%EnglishMathsStudents432Multilingual50%ICSEA Rank50th
39
Eltham East Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Eltham · 4.6 km
State RankTop 50%EnglishMathsStudents432Multilingual50%ICSEA Rank50th
40
Doreen Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Doreen · 4.6 km
State RankTop 50%EnglishMathsStudents432Multilingual50%ICSEA Rank50th
41
St Raphael's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Preston West · 4.6 km
State RankTop 50%EnglishMathsStudents432Multilingual50%ICSEA Rank50th
42
Newlands Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Preston · 4.6 km
State RankTop 50%EnglishMathsStudents432Multilingual50%ICSEA Rank50th
43
Preston West Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Preston · 4.6 km
State RankTop 50%EnglishMathsStudents432Multilingual50%ICSEA Rank50th
44
Heidelberg Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Heidelberg · 4.6 km
State RankTop 50%EnglishMathsStudents432Multilingual50%ICSEA Rank50th
45
St John's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Heidelberg · 4.6 km
State RankTop 50%EnglishMathsStudents432Multilingual50%ICSEA Rank50th
46
Preston South Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Preston · 4.6 km
State RankTop 50%EnglishMathsStudents432Multilingual50%ICSEA Rank50th
47
Plenty River CollegeIndependent · Secondary · Co-ed · Years 10-12 · South Morang · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
48
Lalor North Secondary CollegeGovernment · Secondary · Co-ed · Years 7-12 · Epping · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
49
Meadowglen Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Epping · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
50
St John XXIII Primary SchoolCatholic · Primary · Co-ed · Years Prep-6 · Thomastown · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
51
Lalor East Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Thomastown · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
52
Parade CollegeCatholic · Secondary · Co-ed · Years 7-12 · Bundoora · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
53
Lalor Secondary CollegeGovernment · Secondary · Co-ed · Years 7-12 · Lalor · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
54
Lalor North Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Lalor · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
55
Morang South Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · South Morang · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
56
St Monica's College - Davisson StreetCatholic · Secondary · Co-ed · Years 7-12 · Epping · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
57
Lalor Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Lalor · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
58
Marymede Catholic CollegeCatholic · Combined · Co-ed · Years Prep-12 · South Morang · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
59
Epping Secondary CollegeGovernment · Secondary · Co-ed · Years 7-12 · Epping · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
60
St Peter's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Epping · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
61
The Lakes South Morang CollegeGovernment · Combined · Co-ed · Years Prep-12 · South Morang · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
62
Norris Bank Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Bundoora · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
63
Epping Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Epping · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
64
Merriang SchoolGovernment · Special · Co-ed · Years U · Lalor · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
65
Y Community SchoolIndependent · Secondary · Co-ed · Years 10-12 · Epping · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
66
Watsonia North Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Watsonia North · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
67
Concord SchoolGovernment · Special · Co-ed · Years U · Bundoora · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
68
Peter Lalor Secondary CollegeGovernment · Secondary · Co-ed · Years 10-12 · Lalor · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
69
Bundoora Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Bundoora · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
70
Bundoora Secondary CollegeGovernment · Secondary · Co-ed · Years 7-12 · Bundoora · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
71
Thomastown Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Thomastown · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
72
Al Siraat CollegeIndependent · Combined · Co-ed · Years Prep-12 · Epping · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
73
Northern School For AutismGovernment · Special · Co-ed · Years U · Reservoir · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
74
Diamond Valley Special Developmental SchoolGovernment · Special · Co-ed · Years U · Greensborough · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
75
St Mary's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Greensborough · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
76
Epping Views Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Epping · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
77
Watsonia Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Watsonia · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
78
St Catherine's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Lalor · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
79
St Thomas the Apostle SchoolCatholic · Primary · Co-ed · Years Prep-6 · Greensborough · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
80
Lalor Gardens Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Lalor · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
81
Greensborough Secondary CollegeGovernment · Secondary · Co-ed · Years 7-12 · Greensborough · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
82
Thomastown Secondary CollegeGovernment · Secondary · Co-ed · Years 7-12 · Thomastown · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
83
Wirrigirri Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Wollert · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
84
Thomastown West Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Thomastown · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
85
Reservoir Views Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Reservoir · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
86
St Clare's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Thomastown · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
87
Maharishi School of the Age of EnlightenmentIndependent · Primary · Co-ed · Years Prep-6 · Reservoir · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
88
Mastery Schools VictoriaIndependent · Special · Co-ed · Years 4-9 · Bundoora · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
89
St Mary of the Cross MacKillop Catholic Parish Primary SchoolCatholic · Primary · Co-ed · Years Prep-6 · Epping · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
90
Preston Reservoir Adult Community Education - Prace College campusIndependent · Special · Co-ed · Years 7 · Reservoir · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
91
Kingsbury Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Kingsbury · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
92
William Ruthven Secondary CollegeGovernment · Secondary · Co-ed · Years 7-12 · Reservoir · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
93
William Ruthven Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Reservoir · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
94
Thomastown Meadows Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Thomastown · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
95
Wollert Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Wollert · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
96
Yarrambat Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Yarrambat · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
97
Wollert Secondary CollegeGovernment · Secondary · Co-ed · Years 7-9 · Wollert · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
98
Macleod CollegeGovernment · Combined · Co-ed · Years Prep-12 · Macleod · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
99
Briar Hill Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Briar Hill · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
100
Mernda Central P-12 CollegeGovernment · Combined · Co-ed · Years Prep-12 · Mernda · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
101
Reservoir High SchoolGovernment · Secondary · Co-ed · Years 7-12 · Reservoir · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
102
Montmorency Secondary CollegeGovernment · Secondary · Co-ed · Years 7-12 · Montmorency · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
103
Reservoir Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Reservoir · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
104
Streeton Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Yallambie · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
105
Harvest Home Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Epping · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
106
St Helena Secondary CollegeGovernment · Secondary · Co-ed · Years 7-12 · Eltham North · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
107
Charles La Trobe P-12 CollegeGovernment · Combined · Co-ed · Years Prep-12 · Macleod West · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
108
Reservoir East Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Reservoir · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
109
Edgars Creek Secondary CollegeGovernment · Secondary · Co-ed · Years 7-12 · Wollert · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
110
Glen Katherine Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Eltham North · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
111
St Joseph the Worker SchoolCatholic · Primary · Co-ed · Years Prep-6 · Reservoir · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
112
Sherbourne Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Briar Hill · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
113
St Gabriel's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Reservoir · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
114
Diamond Creek Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Diamond Creek · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
115
Ashley Park Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Doreen · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
116
Rosanna Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Rosanna · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
117
Edgars Creek Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Wollert · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
118
Mernda Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Mernda · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
119
East Preston Islamic CollegeIndependent · Combined · Co-ed · Years Prep-12 · Preston · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
120
Preston North East Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · East Preston · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
121
Holy Name SchoolCatholic · Primary · Co-ed · Years Prep-6 · Reservoir · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
122
Lower Plenty Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Lower Plenty · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
123
Sacred Heart SchoolCatholic · Primary · Co-ed · Years Prep-6 · Diamond Creek · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
124
Campbellfield Heights Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Campbellfield · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
125
St Paul the Apostle Catholic Primary SchoolCatholic · Primary · Co-ed · Years Prep-6 · Doreen · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
126
Reservoir West Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Reservoir · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
127
Hazel Glen CollegeGovernment · Combined · Co-ed · Years Prep-12 · Doreen · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
128
John Fawkner Secondary CollegeGovernment · Secondary · Co-ed · Years 7-12 · Fawkner · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
129
Northern College of the Arts and TechnologyGovernment · Secondary · Co-ed · Years 10-12 · Preston · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
130
Diamond Creek East Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Diamond Creek · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
131
Moomba Park Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Fawkner · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
132
St Matthew's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Fawkner · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
133
Diamond Valley CollegeGovernment · Secondary · Co-ed · Years 7-12 · Diamond Creek · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
134
Darul Ulum College of VictoriaIndependent · Combined · Co-ed · Years Prep-12 · Fawkner · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
135
St Pius X SchoolCatholic · Primary · Co-ed · Years Prep-6 · Heidelberg West · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
136
Carlo Acutis Catholic Primary SchoolCatholic · Primary · Co-ed · Years Prep-5 · Wollert · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
137
Barrawang Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Wollert · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
138
Fawkner Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Fawkner · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
139
Eltham Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Eltham · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
140
Laurimar Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Doreen · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
141
Sacred Heart SchoolCatholic · Primary · Co-ed · Years Prep-6 · Preston · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
142
Waratah Special Developmental SchoolGovernment · Special · Co-ed · Years U · Bellfield · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
143
St Mark's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Fawkner · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
144
Wattle Glen Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Wattle Glen · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
145
Dallas Brooks Community Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Dallas · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
146
St John's College PrestonIndependent · Combined · Co-ed · Years Prep-12 · Preston · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
147
Thornbury High SchoolGovernment · Secondary · Co-ed · Years 7-12 · Thornbury · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
148
Penders Grove Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Thornbury · 4.6 km
State Rank—English—Maths—Students432Multilingual50%ICSEA Rank50th
149
Yarra Me SchoolGovernment · Special · Preston · 4.6 km
State Rank—English—Maths—Students—Multilingual—ICSEA Rank—
150
Austin Hospital SchoolGovernment · Special · Heidelberg · 4.6 km
State Rank—English—Maths—Students—Multilingual—ICSEA Rank—

Why are some State Rank and star ratings blank? Schools can choose not to publish their results. In practice, schools that score well above their state average almost always publish theirs — so a blank rating more often reflects a school opting out than a top result being hidden. Academic results also tend to rise with ICSEA Rank, so higher-ICSEA schools more often carry a strong State Rank as well.

School profile and ICSEA data sourced from ACARA — © Australian Curriculum, Assessment and Reporting Authority (data year 2025) · State Rank & star columns are Micromarkets-compiled academic ratings from publicly available school results · Distances are straight-line from the suburb centre, not catchments.

Census · ABS 2021

Turnover

How settled or transient the community is — and where newcomers came from.

Settledness at a glance

LowMedianHighPercentile

Settled 5+ yearsTop 50%

Moved in past yearTop 50%

Arrived from overseas (5 yr)Top 50%

This suburb Typical range (middle 50%) Median suburb

Where residents lived 5 years agoof those who stated

50%

Same address50%Moved within area50%From elsewhere in Australia50%From overseas50%

Residential paceshare of residents

Moved in the past year50%

Moved in the past 5 years50%

Arrived from overseas (5 yr)50%

Property market

Market snapshot

Mill Park median house price & rent

Headline price, rent, yield and time on market for Mill Park — choose a property type and size below.

Active segment

Houses

Units

Median priceⓘLast 12 months

553kk

↑ +50.0% YoY

Days on marketⓘLast 12 months

↑ 36 days YoY

SoldⓘLast 12 months

↑ +0.5% YoY

Months of supplyⓘLast 12 months

5.3mo

Median rentⓘLast 12 months

$372/w

↑ +50.0% YoY

Days to leaseⓘLast 12 months

↓ 4 days YoY

LeasedⓘLast 12 months

↑ +0.5% YoY

Gross yieldⓘLast 12 months

3.32%

Annualised

Data confidenceSales sample58StrongLease sample92Strong

Segment breakdown

House & unit prices by bedroom

Every segment this suburb tracks — sales and rentals side by side, ranked by total activity over the last twelve months.

Demand percentile 0–100 · last 12 months12-mo change

Segment

Sold

Price

DOM

Leased

Rent

DOM

Yield

SalesRent

Houses · 2 bed58 sales · 92 leases

61+0.5%

$553k+0.5%

20 days−36d

97+0.5%

$372/wk+0.5%

14 days+4d

3.32%

50/100

Houses · 3 bed58 sales · 92 leases

61+50.0%

$553k+50.0%

20 days−36d

97+0.5%

$372/wk+50.0%

14 days+4d

3.32%

50/100

Houses · 4 bed58 sales · 92 leases

61+0.5%

$553k+50.0%

20 days−36d

97+50.0%

$372/wk+50.0%

14 days+4d

3.32%

50/100

Units · 2 bed58 sales · 92 leases

61+0.5%

$553k+50.0%

20 days−36d

97+50.0%

$372/wk+50.0%

14 days+4d

3.32%

50/100

Units · 3 bed58 sales · 92 leases

61+0.5%

$553k+50.0%

20 days−36d

97+0.5%

$372/wk+0.5%

14 days+4d

3.32%

50/100

Units · 1 bed58 sales · 92 leases

61+0.5%

$553k+50.0%

20 days−36d

—

1/100

All houses

61+0.5%

$553k+50.0%

20 days−36d

97+0.5%

$372/wk+50.0%

14 days+4d

3.32%

50/100

All units

61+0.5%

$553k+50.0%

20 days−36d

97+50.0%

$372/wk+50.0%

14 days+4d

3.32%

50/100

Where each segment ranks

Mill Park property growth

Where each segment sits against its peers in the chosen geography — past the midline means it's outperforming the rest.

Metric

Ranked against

Market demandHow fast this market is moving — a velocity index built from trailing-year transaction volume and median days on market. Strong volume lifts the score; days on market drags it down, with the drag growing sharply once listings start lingering. Ranked against peers in the chosen geography.

Houses

4/4above median

02550 · MEDIAN75100

Percentile vs VIC

Value

Units

3/3above median

02550 · MEDIAN75100

Percentile vs VIC

Value

The buy-versus-rent equation

Buying vs renting in Mill Park

What it costs each week to own a property versus renting the same one — positive means buying carries the premium, negative means rent covers the mortgage.

Property

Compare to

Houses · 2 bed: +50%

Houses · 3 bed: +50%

Houses · 4 bed: +50%

Houses · Total: +50%

Units · 2 bed: +50%

Units · 3 bed: +50%

Units · Total: +50%

VIC MEDIAN · +26%

Rent covers itRenting matches or beats the cost of owning−10% to 0%

BalancedMortgage roughly matches asking rent+30% to +60%

Far pricier to ownBuying costs much more than renting+100% to +130%+

BreakdownLast 12 months

Holding cost

Mortgage

Rent

Premium

Band

Houses · 2 bed61 sales97 leases

−$233/wk

$605/wk

$372/wk

+50%

Typical premium

Houses · 3 bed61 sales97 leases

−$233/wk

$605/wk

$372/wk

+50%

Typical premium

Houses · 4 bed61 sales97 leases

−$233/wk

$605/wk

$372/wk

+50%

Typical premium

Units · 2 bed61 sales97 leases

−$233/wk

$605/wk

$372/wk

+50%

Typical premium

Units · 3 bed61 sales97 leases

−$233/wk

$605/wk

$372/wk

+50%

Typical premium

Assumes 80% LVR6.0% rate30y P&I

Premium = (weekly mortgage − weekly rent) ÷ weekly rent. Band thresholds are national breakpoints across ~11,400 eligible Australian segments — the Typical premium band spans national P25 to P75, so it’s literally what’s typical.

Market data

How strong is demand, and which way is it heading?

Two questions on one chart — how strong demand is right now, and which way it's heading year-on-year.

Side

View

Property

Bedrooms

Radius

Compared against

Sales market velocity

5 nearby suburbs · 10km · Total house · sales

rising

DOM change YoYis demand rising or falling?

falling

median

Recoveryweak but rising

Boomstrong and rising

Troughweak and falling

Peakstrong but easing

Nearby suburb

Demand index

94 / 100vs VIC

Days on market

22 days▼ −1 day YoY

Median price

$591k▲ +6.2% YoY

Sold (last year)

231▼ −6.4% YoY

Nearby suburb

Demand index

53 / 100vs VIC

Days on market

16 days▲ +2 days YoY

Median price

$500k▲ +7.6% YoY

Sold (last year)

35▲ +22.0% YoY

Nearby suburb

Demand index

94 / 100vs VIC

Days on market

17 days0 days YoY

Median price

$583k▲ +2.5% YoY

Sold (last year)

333▲ +8.9% YoY

Nearby suburb

Demand index

27 / 100vs VIC

Days on market

34 days▼ −1 day YoY

Median price

$1.29M▲ +8.9% YoY

Sold (last year)

20▲ +23.7% YoY

Nearby suburb

Demand index

82 / 100vs VIC

Days on market

20 days0 days YoY

Median price

$608k▲ +6.8% YoY

Sold (last year)

195▲ +6.3% YoY

Mill Park · this suburb

Demand index

95 / 100vs VIC

Days on market

20 days▼ −36 days YoY

Median price

$553k▲ +50.0% YoY

Sold (last year)

61▲ +0.5% YoY

weakSales market velocityhow strong sales demand isstrong

This suburb Neighbouring suburbs · coloured by market phaseHover a point for its figures

Sales market velocity

How strong is sales demand — and is it rising or falling?

What this shows

Each dot is one of this suburb's property segments on the sales side. Left-right shows how strong sales demand is — combining how many properties sold in the last 12 months with how quickly they sold (median days on market). Top-bottom shows whether that demand is rising or falling compared to 12 months ago.

The two axes

Sales market velocityX axis

how strong sales demand is

A composite of 12-month sales volume and median days on market. Higher means more sales completed faster — stronger sales demand right now.

Days on market change (Year-on-year)Y axis

is demand rising or falling?

How much faster (or slower) sales are completing compared to 12 months ago. Top half means sales are completing faster than a year ago (demand growing).

Market data

Mill Park against the neighbourhood

Eight diagnostic views cutting the data a different way each time — Mill Park in blue, peers in colour.

Pair

View

Property

Bedrooms

Radius

How fast — and is it getting faster?

4 peer suburbs · 10km · Total house

faster

DOM change YoYvs 12 months ago

slower

median

Recoveringquiet but accelerating

Boomingbusy and accelerating

Stalledquiet and slowing further

Coolingbusy but slowing

Nearby suburb

Demand index

54 / 100vs Australia

Days on market

22 days▼ −1 day YoY

Median price

$591k▲ +6.2% YoY

Sold (last year)

231▼ −6.4% YoY

Gross yield

2.63%

Nearby suburb

Demand index

30 / 100vs Australia

Days on market

16 days▲ +2 days YoY

Median price

$500k▲ +7.6% YoY

Sold (last year)

35▲ +22.0% YoY

Gross yield

2.10%

Nearby suburb

Demand index

63 / 100vs Australia

Days on market

17 days0 days YoY

Median price

$583k▲ +2.5% YoY

Sold (last year)

333▲ +8.9% YoY

Gross yield

2.39%

Nearby suburb

Demand index

63 / 100vs Australia

Days on market

20 days0 days YoY

Median price

$608k▲ +6.8% YoY

Sold (last year)

195▲ +6.3% YoY

Gross yield

2.85%

Mill Park · this suburb

Demand index

50 / 100vs Australia

Days on market

20 days▼ −36 days YoY

Median price

$553k▲ +50.0% YoY

Sold (last year)

61▲ +0.5% YoY

Gross yield

3.32%

slowDays on marketmedian days to sellfast

This suburb Neighbouring suburbs · coloured by market phaseHover a point for its figures

How much is available right now?

Housing supply & months of stock

How long current listings would take to clear at the recent rate of sales or leases. Critical shortage and Oversupply only fire at the genuine tails of the national distribution — sales tip in under 0.7 months, rentals far faster, under 0.3.

View

Hide thin-sample rows

Sales market

Band	Months of supply left	YoY	Listed	Sold	Per month
Balanced	2.7	▲ +2.1	14	61	5.1
Slightly loose	3.7	▲ +2.4	19	61	5.1
Loose	4.0	▲ +3.0	20	61	5.1
Loose	4.3	▲ +2.5	22	61	5.1
Loose	5.3	▲ +4.4	27	61	5.1
Loose	5.6	▲ +4.5	28	61	5.1
Loose	6.0	▲ +4.7	31	61	5.1

median

Rental market

Band	Months of supply left	YoY	Listed	Leased	Per month
Tight	0.4	▼ -0.7	3	97	8.1
Tight	0.5	▼ -0.5	4	97	8.1
National typical	0.7	▲ +0.2	6	97	8.1
National typical	0.7	▼ -1.0	6	97	8.1
Oversupply	2.0	▲ +0.2	16	97	8.1
Oversupply	2.2	▲ +1.1	18	97	8.1
Oversupply	2.5	▲ +1.4	20	97	8.1

median

Severe

Very Tight

Tight

Balanced

Loose

Very Loose

Saturated

Under-suppliedOver-supplied

Market data

Who's transacting — buyers or tenants?

Out of every property transaction in this suburb, what share are sales versus leases — each point a rolling twelve-month window.

Property

Mill Park — Units & Houses, all bedrooms

Jul 2021 – Jun 2026 · each point = a 12-month window

Sales · buyer transactions

Leases · tenant transactions

Five-year arc

Mill Park median house price & rent history

Each tape traces one metric across sixty months for the selected segment — every point a trailing twelve-month figure, matching the headline KPIs above.

Five-year summaryAs of Jun 2026, the median house sale price in Mill Park rose from $610k (Jul 2021) to $618k (Jun 2026) — +1.4% growth over five years — peaking at $715k between Jan 2025 and Dec 2025. Median house rent went from $317/wk to $423/wk (+33.4%) over the same period. For units, the median sale price rose from $295k to $469k (+59.0%), with rent up from $211/wk to $270/wk (+28.0%) over the same period.

Property

Bedrooms

Median price (trailing year)

Jun 2026

$618k+24.6%

5y median $573kvs last year $496k

Total sales (trailing year)

Jun 2026

305-9.2%

5y median 254vs last year 336

Days on market (trailing year)

Jun 2026

23 days-1

5y median 23 daysvs last year 24 days

Median rent (trailing year)

Jun 2026

$423/wk+42.4%

5y median $342/wkvs last year $297/wk

Total leases (trailing year)

Jun 2026

289+4.7%

5y median 274vs last year 276

Days on market (rental) (trailing year)

Jun 2026

15 days+0

5y median 15 daysvs last year 15 days

Gross yield (trailing year)

Jun 2026

2.57%+0.38 pt

5y median 2.22%vs last year 2.18%

Months of supply

Jun 2026

2.0 months+118.3%

5y median 1.5 monthsvs last year 0.9 months

Months of supply (rental)

Jun 2026

1.0 months-6.7%

5y median 1.1 monthsvs last year 1.1 months

Nearby markets

Suburbs near Mill Park: prices compared

The nearest suburbs to Mill Park, ranked by distance — each lined up against Mill Park on the same measures, so the differences jump out at a glance.

Market

Property

Bedrooms

Radius

Colour by

This marketMill ParkVIC 3082 · Houses · Total

Price$553k

DOM20 days

Sold61

5 markets within 5kmLast 12 months

South MorangVIC 37521.9kmHouses · Total

PlentyVIC 30902.6kmHouses · Total

LalorVIC 30753.0kmHouses · Total

BundooraVIC 30833.1kmHouses · Total

Watsonia NorthVIC 30873.5kmHouses · Total

Stat colourHow each suburb's stat compares to Mill Park

Much lowerLowerSimilarHigherMuch higher

Similar markets

Suburbs like Mill Park

Suburbs anywhere in VIC that behave like Mill Park — matched on price, growth, selling speed and demand, not on distance. A shortlist of markets that move the same way — including ones far away you'd never think to compare. (Want the suburbs right next door instead? See Nearby markets above.)

Mill Park vs Bundoora: the closest sales-market match trades at a median of $468k against Mill Park's $553k — about 15% lower, with homes selling in 14 days versus 20 days here.

Colour by

Property

Bedrooms

Market

This marketMill ParkVIC 3082Houses · Total

Price$553k

DOM20 days

Sold61

Most similar sales markets · within 1.9–28 kmLast 12 months

BundooraVIC 30833km57% match

Price$468k

DOM14 days

Sold215

Noble ParkVIC 317428km69% match

Price$573k

DOM14 days

Sold189

BurnsideVIC 302323km56% match

Price$475k

DOM17 days

Sold42

South MorangVIC 37522km69% match

Price$616k

DOM14 days

Sold206

TullamarineVIC 304313km48% match

Price$468k

DOM20 days

Sold73

Stat colourHow each suburb's stat compares to Mill Park

Much lowerLowerSimilarHigherMuch higher

Comparable sales markets to Mill Park: Bundoora property market, Noble Park (VIC 3174), Burnside house prices, South Morang house prices and Tullamarine property market.

Mill Park's closest rental-market twins: South Morang house prices, Noble Park, VIC property market, Bundoora property growth, Tullamarine property market and Burnside house prices. Each link opens that suburb's full market report.

Market data

Frequently asked · Mill Park

26 data-driven answers about Mill Park's property market — every one computed from the metrics above.

What things cost

Prices, rent, yield, ownership cost

What is the median house price in Mill Park?

The median house price in Mill Park, VIC 3082 is $553k as of June 2026, based on 58 sales over the past 12 months. Houses there have moved +50.0% year-on-year. Prices vary by bedroom count, from compact two-bedroom homes to larger four-bedroom houses. See the bedroom-level breakdown below for 2-, 3- and 4-bedroom medians.

What is the median unit price in Mill Park?

The median unit price in Mill Park, VIC 3082 is $553k as of June 2026, based on 58 sales over the past 12 months. Units have moved +50.0% year-on-year and currently trade at roughly 100% of the median house price.

How much does it cost to rent in Mill Park?

The median weekly house rent in Mill Park is $372 as of June 2026, drawn from 92 leases over the past 12 months. Units rent for around $372 per week. House rents have moved +50.0% year-on-year. Current vacancy pressure is shown in the supply section above.

How much is rent for a 3 bedroom house in Mill Park?

A 3 bedroom house in Mill Park rents for a median $372 per week as of June 2026, drawn from 92 leases over the past 12 months. Across other house sizes: 2-bedroom $372/week, 4-bedroom $372/week. Unit rents: 2-bedroom $372/week, 3-bedroom $372/week. Figures cover only segments with enough recent leases to be statistically meaningful; sparse segments are excluded. The segment breakdown covers rent, yield and days on market for every property type and bedroom count.

What is the gross rental yield in Mill Park?

Gross rental yield in Mill Park is 3.32% for houses and 3.32% for units as of June 2026, compared with the VIC unit median of 3.41%. Gross yield is annual rent divided by purchase price — it doesn't account for ownership costs like council rates, strata, maintenance or vacancy.

How much is a 3 bedroom house in Mill Park?

As of June 2026, Mill Park medians by bedroom count:

How much is a 3 bedroom house in Mill Park?
Property	1 bed	2 bed	3 bed	4 bed	Total
Houses	—	$553k	$553k	$553k	$553k
Units	$553k	$553k	$553k	—	$553k

Figures cover only segments with enough recent transactions to be statistically meaningful; sparse segments are excluded.

What does it cost to own versus rent at the Mill Park median?

At the median Mill Park house ($553k purchase, $372/week rent), weekly mortgage repayments sit at roughly $605 — about $233 more per week than renting. That gap is the ownership premium. For the median unit ($553k purchase, $372/week rent), repayments run about $605 per week. Figures assume 80% LVR, a 6.0% interest rate and a 30-year principal-and-interest loan.

How the market is moving

Speed, supply, growth, cycle phase

What are Mill Park's property market trends?

Mill Park's property market trends to June 2026: house prices rose +50.0% year-on-year and units +50.0%; weekly house rents moved +50.0%; homes now sell in a median 20 days — faster than a year ago by 36; sales supply sits at 5.3 months (very loose). Read together — price, rent, selling speed and supply — they show which way the Mill Park market is leaning. The 5-year tape and demand cycle charts above plot the full trajectory.

What does the data say about Mill Park as an investment?

As of June 2026 in Mill Park, house prices rose +50.0% over the year, gross rental yield is 3.32% against a VIC median of 2.69%, houses take a median 20 days to sell, sales supply is 5.3 months (very loose). Capital growth, rental yield, selling speed and supply are the signals investors weigh — but these figures describe the market, not a recommendation. This is data, not financial advice; always do your own research and consider a licensed adviser.

How quickly do houses sell in Mill Park?

Houses in Mill Park sell in a median 20 days on market as of June 2026, with units clearing slightly similarly at 20 days. Days on market have tightened by 36 days versus a year ago. Faster clearance typically coincides with stronger buyer demand and lower supply.

Is Mill Park a tight or loose property market right now?

Mill Park's sales market sits at 5.3 months of supply for houses as of June 2026 — classified as Very Loose against the Australian distribution. Under 1.7 months is Severe (extreme shortage); over 4.5 months is Loose. The rental side is tighter still at 0.4 months of supply.

Have property prices in Mill Park gone up or down?

House prices in Mill Park moved +50.0% over the 12 months to June 2026, while units moved +50.0%. The 5-year tape above plots the full monthly trajectory — showing where the market changed character rather than just crossing round numbers.

How active is the rental market in Mill Park?

Mill Park's house rental market sits at 0.4 months of supply as of June 2026 — classified as Severe (extreme shortage), with 97 houses leased over the past 12 months. Units sit at 2.0 months. Tighter supply typically corresponds to faster letting and upward pressure on rents.

Where is Mill Park in its property market cycle?

Mill Park's house market is currently in the 'in_demand_growing' phase as of June 2026 — combining above-median sales velocity nationally with year-on-year tightening in days on market. The demand cycle chart above plots all eight segments on the same demand-versus-direction axes.

How it compares

Vs state, vs nearby, vs popular

How does Mill Park compare to other VIC suburbs?

Mill Park's median house price ($553k) is 15% above the VIC median ($482k) as of June 2026. On selling speed, houses clear in 20 days vs 23 days state median. On gross yield, Mill Park sits at 3.32% vs 2.69% state median.

How does Mill Park compare to neighbouring suburbs?

Mill Park's most-similar nearby market is Bundoora (2.9 km away) with a median house price of $468k — about 15% cheaper. The Nearby and Similar markets sections above rank every peer within radius and by composite similarity across price, days on market, yield, ownership cost and cycle phase.

What's the most popular property type in Mill Park?

The most-transacted segment in Mill Park over the 12 months to June 2026 is 2 bed houses with 61 sales. 3 bed houses come second at 61 sales. The buying-versus-renting section above breaks down the top segments with weekly mortgage, rent and ownership-cost detail.

How many properties were sold and leased in Mill Park last year?

Mill Park recorded 61 house sales and 61 unit sales over the 12 months to June 2026 — a combined 122 transactions. On the rental side, 97 houses and 97 units were leased. Segments with statistically thin samples are excluded from displayed figures.

About the area

Population, income, who lives here, schools

What postcode is Mill Park in?

Mill Park is in postcode 3082, in the North East Melbourne region of VIC. Addresses there are written as Mill Park, VIC 3082.

What is the population of Mill Park?

Mill Park, VIC 3082 is home to 17,492 residents (ABS Census 2021). The median resident age is 24, and the average household holds 2.0 people. The "Who lives here" section above breaks the community down by age, life stage and tenure.

What is the median household income in Mill Park?

The median household in Mill Park earns $1k per week — roughly $65k a year (ABS Census 2021). Median personal income runs $366/week. Income, rent-to-income and mortgage-to-income context sits in the "Who lives here" section above.

What is the unemployment rate in Mill Park?

The unemployment rate in Mill Park is 50.0% (ABS Census 2021). That sits right around the median for Australian suburbs. The rate counts people who are working or actively looking for work — not a share of all residents. Workforce participation sits at 50%. The local economy section above covers incomes, employment status and the occupation mix.

Do people own or rent in Mill Park?

Mill Park is mostly owner-occupied: about 100% of households are owner-occupiers and 50% rent (ABS Census 2021). Of owners, 50% own outright and 50% are paying off a mortgage.

What schools are near Mill Park?

Mill Park has 150 schools within reach, 6 of them inside the suburb itself — including Mill Park Secondary College, St Francis of Assisi School, Findon Primary School. The Schools section above maps each one with sector, year range, enrolment, Micromarkets-compiled academic ratings and ICSEA (ACARA).

Is Mill Park a good place to live?

Mill Park, VIC 3082 has a population of 17,492, a median age of 24, a median household income around $1k/week, 50% of households renting (ABS Census 2021). There are 150 schools within reach. Whether it's the right fit depends on your priorities — these figures describe the community, housing mix and amenity rather than offer a verdict.

About this data

Methodology and update cadence

When was this Mill Park market data last updated?

This Mill Park market data was last updated July 2026, covering the 12 months to June 2026. Figures are computed monthly from 12-month rolling windows of recorded sales and leases, with five years of monthly history behind the trend charts. Methodology, glossary and data sources are linked in the footer.