Millbank · Suburb / Locality

Housing & Dwellings in Millbank

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

Typical housing costs in Millbank are well below both the state and national figures. The area is defined by very affordable living, with typical monthly mortgage payments of $1,188 and weekly rents of $270. This affordability is paired with a higher-than-average number of renters and outright homeowners.

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📍 Millbank, Suburb / Locality

Where Millbank sits — Median rent (weekly)

$270 ▲ +35.0%
  • $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 Millbank — lower than 53% of areas.

Median rent (weekly) compared with the state and national average
Millbank$270
4670, QLD $285
Queensland $365
Australia $375

Housing costs

Rents, mortgages and crowding.

Monthly mortgage payments are much lower than most areas, sitting well below the Queensland figure by $545. Weekly rents are also well below the national average, with 70.5% of renters paying between $200 and $349.

$270 ▲ +35.0%

Lower than 53% of suburb / locality areas.

  • 2011: $200
  • 2016: $255
  • 2021: $270

Median weekly rent paid by households renting their home.

$1,188 ▼ -8.6%

Lower than 77% of suburb / locality areas.

  • 2011: $1,300
  • 2016: $1,300
  • 2021: $1,188

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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In Millbank, $200–$349 is the majority at 72%; Under $200 is next at 17%.

Monthly mortgage distribution

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In Millbank, $1,000–$1,799 is the majority at 53%; Under $1,000 is next at 35%.

Owning & renting

How homes are owned or rented.

Renting is much more common here than in most areas, sitting well above the national rate by 6.0 percentage points. At the same time, 36.9% of homes are owned outright, which is well above the state average.

36.6% ▲ +3.7%

Higher than 86% of suburb / locality areas.

  • 2011: 35.3%
  • 2016: 40.2%
  • 2021: 36.6%

Share of occupied private dwellings that are rented.

36.9% ▲ +6.4%

Lower than 62% of suburb / locality areas.

  • 2011: 34.7%
  • 2016: 34.7%
  • 2021: 36.9%

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

How homes are owned or rented

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Millbank splits fairly evenly between Owned outright (37%) and Rented (37%), with Owned with a mortgage at 23%.

Types of homes

Houses, townhouses, apartments and bedrooms.

Separate houses make up 75.8% of the homes here, which is well above the Australian figure. Most of these are three-bedroom homes, though the area has a slightly lower number of people per bedroom than the state and national averages.

0.70 ▼ -36.4%

Lower than 86% of suburb / locality areas.

  • 2011: 1.10
  • 2016: 0.70
  • 2021: 0.70

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

75.8% ▼ -2.4%

Lower than 85% of suburb / locality areas.

  • 2011: 77.6%
  • 2016: 76.0%
  • 2021: 75.8%

Share of occupied private dwellings that are separate houses.

75.2% ▲ +6.2%

Lower than 61% of suburb / locality areas.

  • 2011: 70.8%
  • 2016: 71.5%
  • 2021: 75.2%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In Millbank, Separate house is the majority at 77%; Townhouse / semi-detached is next at 14%.

Bedrooms per home

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In Millbank, 3 bedrooms is the majority at 53%; 2 bedrooms is next at 21%.

Sources

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

More for Millbank

Cite this page

Australian Bureau of Statistics. (2021). Housing & Dwellings in Millbank [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL31838/millbank/topic/housing-dwellings