Thinking about buying in Mill Park? Now could not be a better time, with 12497 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $958,000 with prices in this suburb ranging from $104,000 to $2,862,000. The aproximate distance to the coast is 17 Km.

Mill Park Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Mill Park driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Mill Park are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Mill Park provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Mill Park requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Lower than average industry presence in Mill Park we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Mill Park a better buying opportunity than it may have been in the past.

Houses for sale Mill Park

	5 montana way, mill park, vic, 3082	4	2		Inspection by Appointment
	unit 5, 3 mill park dr, mill park, vic, 3082	3	1	1	For Sale $420,000 - $462,000
	9 blackman av, mill park, vic, 3082	4	2	2	Auction 25th January at 11:00am
	4 villosa ct, mill park, vic, 3082	5	3	2	Sold $1,500,000
	6 delacombe dr, mill park, vic, 3082	4	2	2	For Sale $1,150,000 - $1,195,000
	47 centenary dr, mill park, vic, 3082	4	2	2	Sold $780,000
	9 vanbrook dr, mill park, vic, 3082	4	3	2	Sold $1,308,000
	unit 201, 30 oleander dr, mill park, vic, 3082	3	2	2	Price on Application
	12 fern ct, mill park, vic, 3082	3	1	2	Private Sale $795,000
	19 randell ct, mill park, vic, 3082	3	2	4	739000
	17a statesman cr, mill park, vic, 3082	2	1	1	560000
	unit 1, 7 clifford cl, mill park, vic, 3082	3	1	2	579500
	2 bendale ct, mill park, vic, 3082	4	1	3	600000
	12 westwood dr, mill park, vic, 3082	4	2	2	$825,000

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General Points of Interest

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