Market snapshot
Suburb insights for Mill Park3082
Change suburbMill Park, approximately 21 km northeast of the CBD, is a leafy, family-oriented suburb with spacious homes, quality schools, and parks. With local shopping centres and strong transport links, it offers lifestyle and convenience for families and professionals.
Sales data
Median sale price
$901k
Quarterly price change
4.2%
Metro Melbourne Comparison
$974k
1.8%
| Bedrooms | Mill Park | Metro comparison |
|---|---|---|
| 2 | - | $940,000 |
| 3 | $800,000 | $851,000 |
| 4 | $947,000 | $970,000 |
| Insight | Mill Park | Metro comparison |
|---|---|---|
| Clearance rate | 87.9% | 77.8% |
| Days on market | 31 | 36 |
Rental data
Median weekly rent
$550
Rental yield
3.3%
Metro Melbourne Comparison
$580
3.2%
| Bedrooms | Mill Park | Metro comparison |
|---|---|---|
| 2 | $470 | $585 |
| 3 | $520 | $550 |
| 4 | $600 | $600 |
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