Milltown · Suburb / Locality

Housing & Dwellings in Milltown

Where and how people live — the homes, how they are held, and what they cost.

A few of the lowest home-loan payments in the region make Milltown a highly affordable place to live. The area is dominated by detached houses, with very few people renting compared to the rest of the state.

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📍 Milltown, Suburb / Locality

Where Milltown sits — Median rent (weekly)

$258 —
  • $0–$25: 37 areas
  • $25–$50: 86 areas
  • $50–$75: 199 areas
  • $75–$100: 214 areas
  • $100–$125: 525 areas
  • $125–$150: 343 areas
  • $150–$175: 699 areas
  • $175–$200: 597 areas
  • $200–$225: 1183 areas
  • $225–$250: 724 areas
  • $250–$275: 1277 areas
  • $275–$300: 787 areas
  • $300–$325: 1282 areas
  • $325–$350: 618 areas
  • $350–$375: 935 areas
  • $375–$400: 570 areas
  • $400–$425: 763 areas
  • $425–$450: 288 areas
  • $450–$475: 415 areas
  • $475–$500: 176 areas
  • $500–$525: 204 areas
  • $525–$550: 79 areas
  • $550–$575: 125 areas
  • $575–$600: 70 areas
  • $600–$625: 97 areas
  • $625–$650: 21 areas
  • $650–$675: 54 areas
  • $675–$700: 145 areas

All suburb / locality areas, 2021. The marker is Milltown — lower than 57% of areas.

Median rent (weekly) compared with the state and national average
Milltown$258
3304, VIC $180
Victoria $370
Australia $375

Housing costs

Rents, mortgages and crowding.

Typical monthly mortgage payments are just $489, which is far below the Victorian figure of $1,859. Weekly rents are also well below the national average, sitting at $258.

$489 —

Lower than 99% of suburb / locality areas.

  • 2016: $834
  • 2021: $489

Median monthly mortgage repayment for households with a mortgage.

Monthly mortgage distribution

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In Milltown, Under $1,000 is the majority at 100%.

Owning & renting

How homes are owned or rented.

Owning a home outright is common here at 39.3%, which is well above the Australian average. Meanwhile, only 10.7% of households rent, a figure far below the national rate of 30.6%.

10.7% —

Lower than 71% of suburb / locality areas.

  • 2016: 14.3%
  • 2021: 10.7%

Share of occupied private dwellings that are rented.

39.3% —

Lower than 56% of suburb / locality areas.

  • 2016: 57.1%
  • 2021: 39.3%

Share of occupied private dwellings owned outright (no mortgage).

How homes are owned or rented

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In Milltown, the largest group is Owned outright at 42%, followed by Owned with a mortgage (23%) and Other tenure (23%).

Types of homes

Houses, townhouses, apartments and bedrooms.

Every single home in Milltown is a separate house, which is far above the Victorian average of 73.4%. Most of these are large, with 78.6% having three or more bedrooms, though there are typically only 0.6 people per bedroom.

0.60 —

Lower than 93% of suburb / locality areas.

  • 2016: 0.60
  • 2021: 0.60

Average number of usual residents per bedroom — a crowding measure.

100.0% —

Higher than 99% of suburb / locality areas.

  • 2016: 95.2%
  • 2021: 100.0%

Share of occupied private dwellings that are separate houses.

78.6% —

Lower than 53% of suburb / locality areas.

  • 2016: 76.2%
  • 2021: 78.6%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In Milltown, Separate house is the majority at 100%.

Bedrooms per home

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Milltown splits fairly evenly between 3 bedrooms (36%) and 4 bedrooms (36%), with 5 or more at 16%.

Sources

  • Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).

More for Milltown

Cite this page

Australian Bureau of Statistics. (2021). Housing & Dwellings in Milltown [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL21687/milltown/topic/housing-dwellings