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Millgrove
VIC, 3799 - Yarra Ranges

Thinking about buying in Millgrove? Now could not be a better time, with 882 properties either residential or commercial there's certainly plenty to choose from.

The average property price for this area is $647,000 with prices in this suburb ranging from $104,000 to $1,774,000.

Distance to the coast is 53 Km.

Properties for sale in Millgrove

Household Makeup

Median Weekly Rent $319.00
Median Monthly Mortgage $1339.40
Median Persons Per Bedroom 0.78
Average Household Size 2.20
Average Age 39.20
Average Income $627.20
Average Cars Per Dwelling 1.92
Average Properties Within 50M 7

Average Property Prices

1 Bed $608,000
2 Bed $545,000
3 Bed $699,000
4 Bed $741,000
5 Bed $858,000
6 Bed+$594,000
Instant Property Valuation

Millgrove Real Estate Market Outlook

In Millgrove there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Millgrove due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Millgrove 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 Millgrove 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. With very low industrial sector presence in Millgrove the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

Housing Stock

Houses for sale Millgrove

Professionals 9 LILLIS CT, MILLGROVE, VIC, 3799 Beds3 Bathrooms1 $570,000 - $620,000
Professionals 32 WONGA RD, MILLGROVE, VIC, 3799 Beds5 Bathrooms2 Parking 2 $1,100,000 - $1,200,000
Professionals 93 WONGA RD, MILLGROVE, VIC, 3799 Beds3 Bathrooms1 Parking 1 Under Contract

Local Schools

Millwarra Primary School

Wesburn Primary School

(While the above schools are located with the suburb of Millgrove there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Millgrove weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan1.612.128.636.694.82.824.5
Feb1.912.128.039.595.32.720.5
Mar1.710.525.342.696.12.515.7
Apr2.07.621.049.698.02.011.6
May2.55.716.859.597.32.08.0
Jun2.23.714.166.198.01.97.2
Jul2.14.513.763.196.42.77.3
Aug2.44.414.556.896.22.89.9
Sept2.45.417.549.197.42.814.0
Oct2.27.320.647.796.92.718.9
Nov2.69.422.946.196.82.722.2
Dec2.310.225.839.796.52.825.3

source: Australian Government Bureau of Meteorology


Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

WesburnWarburtonDon ValleyYarra JunctionLaunching PlaceMount ToolebewongBig Pats CreekGladysdaleWoori YallockBadger Creek

Public Transport


General Points of Interest

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