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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 132 investment properties found in Mill Park on realestateinvestar.com.au

11 Apsley Ct, Mill Park

$700,000

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Spacious Family Lviing

Family friendly living has never been more appealing with this perfectly located spacious home that provides the perfect foundation for inspired DIYers to update and personalise. The flowing floor plan provides space for your growing family with all the local amenities at your doorstep including ...

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VIC 3082


24 Strickland Ave, Mill Park

$875,000

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Spacious Family Living First Time Offered

This much-loved and meticulously maintained family home delivers space, comfort and versatility for growing families. Proudly cared for by its original owners, the home features multiple living zones and a seamless blend of indoor and outdoor living. Upon entry, a generous lounge sets the tone, ...

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VIC 3082


18 Westwood Dr, Mill Park

$710,000

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Class and Elegance in Prestigious Rivergum Estate

Superbly positioned within the highly sought after Rivergum Estate, this immaculately presented townhouse offers an exceptional lifestyle of comfort and convenience. Ideally located moments from Westfield Plenty Valley, South Morang Train Station, Rivergum Village, RMIT University, reputable ...

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VIC 3082


2 Strickland Ave, Mill Park

$740,000

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A Home to Love, A Lifestyle to Enjoy

Perfectly positioned in a convenient and family-friendly pocket of Mill Park, this beautifully renovated home delivers the ideal blend of comfort, style and functionality. Step inside to a light-filled interior where striking timber flooring makes an immediate impression, complemented by a ...

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VIC 3082


67 Bowman Dr, Mill Park

$520,000

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No Owners Corp - Fixed Tenant til March 2027

Centrally located with easy access to local schools, shops and public transport, this two bedroom home offers an ideal opportunity for first home buyers, small families, downsizers and investors to begin or expand their portfolio. A flowing floor plan offers two robed bedrooms including master ...

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VIC 3082


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