Market snapshot

Suburb insights for Mill Park3082

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Mill Park is located 19 km north-east of the CBD. Mill Park has been one of the fastest growing new suburbs in Melbourne over the last twenty years. It has been the major focus of new residential development in the Epping corridor. Although primarily residential in nature the suburb features a major shopping facility the Mill Park Stable Shopping Centre and the Latrobe University Research Development Estate.

Recent sales and auction results in Mill Park

AddressBedroomsPriceTypeMethodSale DateAgentListing
11 Hoddle Ct, Mill park5PriceHouse (Res)Auction Sale14/02/2025Barry PlantView
68 Redleap Av, Mill park4PriceHouse (Res)Auction Sale14/02/2025Ray WhiteView
10 Strickland Av, Mill park3PriceHouse (Res)Auction Sale14/02/2025Love & CoView
42A Carbon Cr, Mill park3PriceUnitAuction Sale11/02/2025Love & CoView

Sales data

Median sale price
$809k
Quarterly price change
6.7%
Metro Melbourne Comparison
$895k
-2.1%
BedroomsMill ParkMetro comparison
2$598,000$888,000
3$734,500$807,000
4$860,250$950,000
InsightMill ParkMetro comparison
Clearance rate81.7%72.6%
Days on market3443

Rental data

Median weekly rent
$525
Rental yield
3.5%
Metro Melbourne Comparison
$580
3.3%
BedroomsMill ParkMetro comparison
2$450$575
3$500$550
4$600$600
Median data for the current quarter
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