Bundoora vs Mill Park
Mill Park (median $830,000) is roughly 4% cheaper to buy into than Bundoora ($866,400).
Buying in Bundoora or Mill Park?
Selling in Bundoora? The free selling guide
Bundoora and Mill Park side by side
| Measure | Bundoora | Mill Park |
|---|---|---|
| Price and market | ||
| Median house | $866,400 | $830,000 |
| Median unit | $443,800 | $485,000 |
| Renting | ||
| House rent | $570/wk | $530/wk |
| Unit rent | $490/wk | $450/wk |
| Owner occupied | – | 75.0% |
| Renter occupied | – | 23.0% |
| Schools | ||
| Schools nearby | 20 | 20 |
| Average ICSEA | 1047 | 1024 |
| Lifestyle and people | ||
| Walk score | 68 | 28 |
| Transit score | 100 | 0 |
| Bike score | 100 | 100 |
| Population | – | 28,712 |
| Median age | – | 40 |
| Climate | ||
| Annual rainfall | 650 mm | 637 mm |
| Mean max, January | 27.1°C | 27.1°C |
Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.
Which suits whom
Bundoora scores higher on walkability (68/100 vs 28/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Bundoora (1047) sits above Mill Park (1024).
- For buyers
- Mill Park is the lower entry point at $830,000 median, 4% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
- For investors
- Bundoora offers the higher gross rental yield (3.42% vs 3.32%), favouring cash-flow investors.
- For families
- Bundoora edges out on average school ICSEA (1047 vs 1024).
Bundoora vs Mill Park: common questions
Is Bundoora or Mill Park cheaper to buy in?
Mill Park has the lower median house price at $830,000, roughly 4% below Bundoora ($866,400). The gap on units is usually similar but worth checking on the full suburb profiles.
Does Bundoora or Mill Park have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Bundoora scores 1047 vs 1024 in Mill Park. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.
Which is more walkable, Bundoora or Mill Park?
Bundoora scores 68/100 on walkability vs 28/100. Above 70 is considered very walkable (most errands on foot), 50-69 is walkable for some errands, below 50 typically requires a car for daily life.
Which suburb has higher rental yield, Bundoora or Mill Park?
Gross rental yield on houses is 3.42% in Bundoora vs 3.32% in Mill Park. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.
Keep comparing
The two suburbs
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