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City of Whittlesea

Mill Park

Mill Park Property Market
& Suburb Profile

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MEDIAN PRICES IN MILL PARK

Median house price

(all agencies, last 12 months)$833k*

House price change

(all agencies, last 12 months)+7.35%

Median unit price

(all agencies, last 12 months)$576k*

Unit price change

(all agencies, last 12 months)+8.63%

(Median House Price and Median Unit Price is calculated based on sales of properties with all numbers of bedrooms)

MILL PARK price TRACKER

HousesUnits

Mill Park sales overview

  • Sold by Auction 85%
  • Sold by Private Sale or Other Method 15%
  • (Based on Sales Reported in the Last 12 Months)

Average days on market (houses)

(all agencies, 12 months)26

Average days on market (units)

(all agencies, 12 months)27

Auction clearance rate in Mill Park

(all agencies, last 12 months)91%

Average held period in Mill Park

(proptrack)13 years

Mill Park Investor Statistics

Median rental price for Houses

(all agencies, last 12 months)$565pw

House rental price change

(all agencies, last 12 months)0.04%

Median rental price for Units

(all agencies, last 12 months)$482pw

Unit rental price change

(all agencies, last 12 months)0.02%

Average rental yield for Houses

(all agencies, last 12 months)3.46%

Average rental yield for Units

(all agencies, last 12 months)4.62%

Mill Park total population size

(as at the last census)28,712

Median household size in Mill Park

(as at the last census)2.7

(Median House Price and Median Unit Price is calculated based on leased properties with all numbers of bedrooms)

Mill Park property types

  • Houses 57%
  • Units 10%
  • Other 33%

OCCUPANCY in Mill Park

  • Owned 75%
  • Rented 23%
  • Other/Not Stated 2%
  • Singles 19%
  • Families 79%
  • Other 3%

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About Mill Park

Mill Park is a charming suburb located in the northern part of Melbourne, Victoria. It is a popular choice for families and young professionals who are looking for a peaceful yet vibrant community to call home.

With easy access to major highways and public transportation, Mill Park is conveniently located just 19 km away from the Melbourne CBD. This makes it an ideal location for those who need to commute to work in the city but prefer to live in a more relaxed environment.

Mill Park is known for its tree-lined streets, beautiful parks, and recreational facilities. One of the most popular parks in the area is the Mill Park Recreation Reserve, which features sporting facilities, playgrounds, and a lake.

The suburb also has an excellent range of schools, including primary, secondary and tertiary institutions. It is located next to the renowned RMIT University, which attracts students from all over Australia and the world.

Real estate in Mill Park is diverse, with a range of property types available to suit different needs and budgets. There are plenty of options for first-time buyers, families, and investors alike, with a mix of townhouses, apartments, and freestanding homes available.

Overall, Mill Park is a great place to call home for those who value community, convenience, and a high quality of life. With its beautiful surroundings, excellent schools, and easy access to Melbourne's CBD, it's no wonder why this suburb is such a popular choice among buyers.

Pictured above: Mill Park Secondary College

Disclaimer: The information provided in this suburb profile is intended as a general guide only. While every effort has been made to ensure accuracy, the content may not reflect the most current data or developments. Readers should verify any information independently before making any decisions based on the details presented. The suburb profile is subject to change and should not be relied upon as a sole source of information.

Education

Findon Primary School
Mill Park Heights Primary School
Mill Park Primary School
Mill Park Secondary College
Plenty Parklands Primary School
St Francis of Assisi School
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Sales Comparison

Find out how Mill Park median sales prices compare to neighbouring suburbs.

Mill Park MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
2025449$704,1257.35%456$524pw4.04%
2024428$652,7500.64%439$507pw4.28%
2023361$634,750-0.64%477$480pw4.11%
2022362$647,5004.67%519$417pw3.68%
2021425$635,5008.70%532$383pw3.20%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
2025449$704,125+7.35%
2024428$652,750+0.64%
2023361$634,750-0.64%
2022362$647,500+4.67%
2021425$635,500+8.70%

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
2025456$524pw4.04%
2024439$507pw4.28%
2023477$480pw4.11%
2022519$417pw3.68%
2021532$383pw3.20%

PROUDLY SERVICING Mill Park

Barry Plant
Mill Park - South Morang

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*The State of Victoria owns the copyright in the property sales data and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth).The State of Victoria does not warrant the accuracy or completeness of the licensed material and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.

This information is supplied by Barry Plant Group Pty Ltd (ABN 96 088 069 952) on behalf of PropTrack Pty Ltd (ABN 43 127 386 298).

The 12 month data in this report is from 31 October 2024 to 31 October 2025, last updated 31 October 2025.