Mill Park vs Bundoora
Mill Park (median $830,000) is roughly 4% cheaper to buy into than Bundoora ($866,400).
Buying in Mill Park or Bundoora?
Selling in Mill Park? The free selling guide
Mill Park and Bundoora side by side
| Measure | Mill Park | Bundoora |
|---|---|---|
| Price and market | ||
| Median house | $830,000 | $866,400 |
| Median unit | $485,000 | $443,800 |
| Renting | ||
| House rent | $530/wk | $570/wk |
| Unit rent | $450/wk | $490/wk |
| Owner occupied | 75.0% | – |
| Renter occupied | 23.0% | – |
| Schools | ||
| Schools nearby | 20 | 20 |
| Average ICSEA | 1024 | 1047 |
| Lifestyle and people | ||
| Walk score | 28 | 68 |
| Transit score | 0 | 100 |
| Bike score | 100 | 100 |
| Population | 28,712 | – |
| Median age | 40 | – |
| Climate | ||
| Annual rainfall | 637 mm | 650 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 (28/100 vs 68/100 ), 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).
Mill Park vs Bundoora: common questions
Is Mill Park or Bundoora 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 Mill Park or Bundoora 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, Mill Park or Bundoora?
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, Mill Park or Bundoora?
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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