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Investment Property Mill Park, VIC, 3082

Suburb Snapshot

Mill Park is a suburb in the Whittlesea Region of Victoria. Mill Park has a population of 29,713 people and 19.26% of its occupants live in rental accommodation. The median listing price for houses is $695,000 and this has changed 3.73% over the past year and changed 6.92% over 2 years.

The median rent in Mill Park for houses is $520 per week and the median rental yield is 3.89%. Stock on the market for houses/townhouses has changed 16.67% compared to last year and the average time to sell a house/townhouse is 39 days.The median listing price for units is $395,000 and this has changed 1.28% over the past year. The average unit takes 75 days to sell and the median rent for a unit in Mill Park is $450 per week, producing a rental yield of 5.92%.

Supply & Demand in Mill Park, Whittlesea

0.95%

Current vacancy rate


106

Rental stock available


29,713

Population


19.26%

Rental population


1.12%

Current vacancy rate


1,064

Rental stock available


197,494

Population


22.25%

Rental population


0.93%

Current vacancy rate


28,886

Rental stock available


5,926,624

Population


24.77%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Mill Park, Whittlesea

  House Townhouses Units
Median listing price $695,000 $555,000 $395,000
Median price change - last quarter 2.20% 2.28% 1.28%
Median price change - 1 year 3.73% NA 1.28%
Median price change - 2 years 6.92% 11.00% 0.00%
  House Townhouses Units
Median weekly rent $520 $560 $450
Median yield % 3.89% 5.24% 5.92%
Median rent change - 1 year 13.04% 21.73% 7.14%
  House Units
Previous month sales 36 7
Stock on market previous month 70 11
Stock variance vs. last year 16.67% -38.89%
Average days on market 39 75

Mill Park investment property listings

Showing 5 of 175 investment properties found in Mill Park on realestateinvestar.com.au

7 Magenta Ct, Mill Park

$700,000

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RENOVATED DELIGHT!

This property is one of the best presented First Home/Portfolio addition or Downsizer that has gone to market in a long time. Located in the sought after hub of Mill Park in a quiet court location. Beautifully renovated throughout including gorgeous fixtures and fittings with loads of natural ...

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House

VIC 3082


1/11 Rule Cl, Mill Park

$520,000

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Prime Position, Pristine Presentation: The Perfect Start or Savv

Hybrid Auction - On-Site & Online via Anywhere Auctions Property Address: 1/11 Rule Close, Mill Park Auction to be held on-site, with live online bidding available via Anywhere Auctions AUCTION BIDDING BY REGISTRATION ONLY! https://anywhereauctions.com.au/app/property?propertyId=69483 This ...

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Unit

VIC 3082


12 Fern Ct, Mill Park

$855,000

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Updated Family Home in Prime Mill Park Location

Positioned in a well-held pocket of Mill Park, this updated family home offers a functional layout with modern touches, presenting a move-in ready opportunity in a location that continues to see strong demand. Timber flooring flows throughout the light-filled living and dining zones, complemented ...

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House

VIC 3082


1/2 Comeram Ct, Mill Park

$625,000

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Light-Filled Spaces Designed for Modern Living

Set within a quiet and tightly held court, this inviting home presents a superb opportunity for families and first home buyers seeking a relaxed lifestyle in a convenient Mill Park location. Warm and welcoming, the interior showcases a thoughtfully arranged floorplan with a natural flow between ...

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Unit

VIC 3082


1 Woodhill Pl, Mill Park

$849,500

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Perfectly Positioned, Beautifully Presented

Nestled within one of Mill Park's most sought-after estates this beautifully presented residence offers an exceptional opportunity for first home buyers and retirees alike, combining low-maintenance ease with sophisticated modern comfort. Designed for effortless living, the home welcomes you with ...

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VIC 3082


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