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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 2.96% over the past year and changed 6.92% over 2 years.

The median rent in Mill Park for houses is $500 per week and the median rental yield is 3.74%. Stock on the market for houses/townhouses has changed 15.94% 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 1.93% over the past year. The average unit takes 67 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

0.81%

Current vacancy rate


90

Rental stock available


29,713

Population


19.26%

Rental population


1.10%

Current vacancy rate


1,042

Rental stock available


197,494

Population


22.25%

Rental population


0.94%

Current vacancy rate


29,256

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 $560,000 $395,000
Median price change - last quarter 2.20% 2.28% 1.28%
Median price change - 1 year 2.96% 15.46% 1.93%
Median price change - 2 years 6.92% 12.00% -4.82%
  House Townhouses Units
Median weekly rent $500 $565 $450
Median yield % 3.74% 5.24% 5.92%
Median rent change - 1 year 8.69% 24.17% 7.14%
  House Units
Previous month sales 39 1
Stock on market previous month 80 7
Stock variance vs. last year 15.94% -63.16%
Average days on market 39 67

Mill Park investment property listings

Showing 1 of 1 investment properties found in Mill Park on realestateinvestar.com.au

11 Doomben Dr, Mill Park

$495,000

property pic

Central Mill-Park location!

If modern living in an established suburb is your dream, now is the time to make it a reality - right in the heart of the cultural hub of the north, Mill Park. This recently refurbished, sunlit home features two spacious bedrooms, including a master with its own private ensuite. Both bedrooms ...

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VIC 3082


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