Median Sale Price
House
-
Updated on Oct 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Oct 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $369,000 | 0.0% | $240,000 | $860,000 | 328 |
| 2010 | $420,000 | +12.1% | $278,000 | $1,075,000 | 344 |
| 2011 | $410,000 | -2.4% | $267,500 | $1,815,000 | 290 |
| 2012 | $408,000 | -0.5% | $271,000 | $997,500 | 284 |
| 2013 | $410,000 | +0.5% | $271,000 | $795,000 | 391 |
| 2014 | $422,500 | +3.0% | $278,000 | $930,000 | 403 |
| 2015 | $486,000 | +13.1% | $312,500 | $1,360,000 | 361 |
| 2016 | $554,000 | +12.3% | $305,000 | $990,000 | 340 |
| 2017 | $667,000 | +16.9% | $67,500 | $1,730,000 | 319 |
| 2018 | $660,000 | -1.1% | $355,000 | $1,310,000 | 268 |
| 2019 | $660,000 | 0.0% | $407,000 | $1,055,000 | 253 |
| 2020 | $690,000 | +4.3% | $430,000 | $1,130,000 | 211 |
| 2021 | $765,000 | +9.8% | $453,000 | $1,690,000 | 324 |
| 2022 | $785,000 | +2.5% | $404,500 | $1,630,000 | 295 |
| 2023 | $780,000 | -0.6% | $340,000 | $1,535,000 | 275 |
| 2024 | $783,500 | +0.4% | $340,000 | $1,580,000 | 333 |
Median Sale Price
$780K
Based on 339 recorded sales within the last 12 months
Updated on 22 Dec 2024
Suburb Growth
0.0%
Current Median Price: $780,000
Previous Median Price: $780,000
Based on 614 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Nov 2024)
Price Range Segments (12 months ending Nov 2024)
Median Weekly Rent Price
House
-
Updated on Oct 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Oct 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $340 | 0.0% | $270 | $550 | 310 |
| 2012 | $335 | -1.5% | $150 | $550 | 375 |
| 2013 | $340 | +1.5% | $170 | $580 | 373 |
| 2014 | $350 | +2.9% | $280 | $2,000 | 282 |
| 2015 | $350 | 0.0% | $280 | $600 | 480 |
| 2016 | $360 | +2.8% | $150 | $750 | 382 |
| 2017 | $380 | +5.3% | $150 | $650 | 376 |
| 2018 | $380 | 0.0% | $160 | $650 | 343 |
| 2019 | $395 | +3.8% | $300 | $700 | 323 |
| 2020 | $390 | -1.3% | $330 | $1,200 | 248 |
| 2021 | $400 | +2.5% | $160 | $1,651 | 313 |
| 2022 | $425 | +5.9% | $320 | $750 | 310 |
| 2023 | $480 | +11.5% | $220 | $2,086 | 262 |
| 2024 | $530 | +9.4% | $210 | $895 | 214 |
Median Rent Price
$530
per week
Based on 216 recorded rent within the last 12 months
Updated on 22 Dec 2024
Rent Price Growth
+9.4%
Current Median Rent: $530
Previous Median Rent: $480
Based on 478 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.5%
Current Median Price: $780,000
Current Median rent: $530
Based on 555 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Nov 2024)
Auction Results For Mill Park
Houses sold in Last 12 months ends 21 Dec 2024
$790K
Median Sale Price
82%
Clearance Rate
201/246
Sold/Reported
$1.58M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $1.4 M - $1.6 M | 2 | |
| $1.2 M - $1.4 M | 7 | |
| $1 M - $1.2 M | 7 | |
| $800 K - $1 M | 73 | |
| $600 K - $800 K (Median Price Range) | 91 | |
| $400 K - $600 K | 7 | |
Similar Suburbs to Mill Park 3082
Based on median house sale price sold in last 12 months
Schools closest to Mill Park, VIC 3082
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| St Francis of Assisi Primary School | 290-312 CHILDS RDMill Park 3082 | Primary | Catholic | 0.4 km |
| Mill Park Primary School | BLAMEY AVENUEMill Park 3082 | Primary | Government | 0.84 km |
| Findon Primary School | CUTHBERT DRIVEMill Park 3082 | Primary | Government | 1.09 km |
| Plenty Parklands Primary School | 48 BLOSSOM PARK DRIVEMill Park 3082 | Primary | Government | 1.27 km |
| Mill Park Heights Primary School | PINDARI AVENUEMill Park 3082 | Primary | Government | 1.7 km |