Side by sideSuburb comparison

Bundoora vs Mill Park.

Comparing two suburbs with median house prices of $866,400 and $830,000. Bundoora edges out on more headline metrics in this comparison.

Mill Park (median $830,000) is roughly 4% cheaper to buy into than Bundoora ($866,400).

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).

The takeWhich suburb suits which buyer

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).

Common questionsBundoora 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.

The numbers behind the take

Bundoora
Metric
Mill Park

Price & Market

$866,400
Median house
$830,000
$443,800
Median unit
$485,000
+0.0%
Annual growth (house)
+0.0%
Days on market

Rental

$570/wk
Rent (house / wk)
$530/wk
$490/wk
Rent (unit / wk)
$450/wk
Owner occupied
75.0%
Renter occupied
23.0%

Lifestyle & Demographics

68
Walk score
28
100
Transit score
0
100
Bike score
100
Population
28,712
Median age
40

Risk & Hazard

Flood class
Bushfire risk

Schools

20
Schools nearby
20
1047
Avg ICSEA
1024

Climate

639 mm
Annual rainfall
639 mm
25.9°C
Mean max (Jan)
25.9°C

Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).