Key Investment Metrics
| Metric | Estimate | Status |
|---|---|---|
| Demand Supply Ratio (DSR) | 71.4 | Met |
| Vacancy Rate | 2.4% | Caution |
| Gross Rental Yield | 3.4% | Not Met |
| Days on Market | 87 days | Not Met |
| Median Property Value | $580k | No Data |
| 3-Year Capital Growth | 16.1% | Met |
| 12-Month Rental Growth | 3.1% | Caution |
| Average Vendor Discount | 0.0% | Met |
Estimates are display-only values adjusted from source data and historical signals; exact provider figures are not shown.
About Mill Park, VIC 3082
Mill Park is located in Victoria with postcode 3082. Based on our analysis of 23+ growth factors, Mill Park is classified as a cold market with a Hot Market Score of 7/16.
The model-adjusted Demand Supply Ratio (DSR) estimate for Mill Park is 71.4, which is rated as strong for investment. The model-adjusted vacancy estimate is 2.4%, suggesting moderate rental demand.
The model-adjusted gross rental yield estimate in Mill Park is 3.4%, with a 3-year capital growth estimate of 16.1%. Properties in Mill Park typically sell within an estimated 87 days.
Available Assessments
11 funded projects ($470.38m) — Education, Environment and Parkland, Mental Health