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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 $675,000 and this has changed 3.84% over the past year and changed 3.84% over 2 years.

The median rent in Mill Park for houses is $460 per week and the median rental yield is 3.54%. Stock on the market for houses/townhouses has changed 53.33% compared to last year and the average time to sell a house/townhouse is 44 days.The median listing price for units is $387,500 and this has changed -6.63% over the past year. The average unit takes 68 days to sell and the median rent for a unit in Mill Park is $420 per week, producing a rental yield of 5.63%.

Supply & Demand in Mill Park, Whittlesea

0.55%

Current vacancy rate


61

Rental stock available


29,713

Population


19.26%

Rental population


0.73%

Current vacancy rate


673

Rental stock available


197,494

Population


22.25%

Rental population


0.87%

Current vacancy rate


26,641

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 $675,000 $485,000 $387,500
Median price change - last quarter 2.27% -2.03% -0.65%
Median price change - 1 year 3.84% -3.00% -6.63%
Median price change - 2 years 3.84% 3.19% -13.41%
  House Townhouses Units
Median weekly rent $460 $455 $420
Median yield % 3.54% 4.87% 5.63%
Median rent change - 1 year 9.52% 15.18% 15.06%
  House Units
Previous month sales 30 1
Stock on market previous month 69 19
Stock variance vs. last year 53.33% 26.67%
Average days on market 44 68

Mill Park investment property listings

Showing 5 of 72 investment properties found in Mill Park on realestateinvestar.com.au

7 Whernside Ct, MILL PARK

$720,000

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VIC 3082


9 MacArthur Ct, Mill Park

$695,000

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Location and Lifestyle

Perfectly positioned in one of the most desirable pockets of Mill Park, this well-appointed family residence offers convenient access to Westfield Plenty Valley, Stables Shopping Centre, Rivergum Village, South Morang Train Station, Plenty Road, reputable schools and gorgeous parklands. Boasting ...

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VIC 3082


22 Strickland Ave, Mill Park

$695,000

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Supreme Living in a Superior Location

Sale by Set Date - Tuesday the 7th of May at 5pm (unless sold prior) Situated perfectly within a highly desired Mill Park location and just moments away from all of the areas finest amenities which include, Stables Shopping Centre, Westfield Plenty Valley, DFO Uni Hill, South Morang Train Station, ...

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VIC 3082


210/20 Bush Blvd, Mill Park

$375,000

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Modern Boutique Apartments: Prime Location & Stylish Living!

The building houses just 21 boutique apartments and sits conveniently close to Westfield Plenty Valley. Access to the Metropolitan Ring Road is easy, and public transport options are abundant, with South Morang train station just 800m away, along with nearby buses and trams on Plenty Road. The ...

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VIC 3082


15 Buckmaster Dr, Mill Park

$700,000

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Style, Sophistication and Stunning Spaces

Situated perfectly within a highly desired Mill Park pocket and just moments away from all of the area's finest amenities which include, Stables Shopping Centre, Westfield Plenty Valley, South Morang Train Station, RMIT, DFO Uni Hill, reputable schools, delightful parklands and sporting ...

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VIC 3082


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