Millfield, NSW 2325
Central Coast CouncilAll suburbs in postcode 2325
Updated
Median house price
$885,000
-20.3% over the past year.
Median of 34 house sales · NSW Valuer General · calendar 2025
Selling in Millfield?
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Millfield at a glance
- Median unit
- $242,640
- Weekly rent
- $590
- Houses · units $480
- Population
- 1,282
- Median age 38
Prices: Median of 34 house sales · NSW Valuer General · calendar 2025 · Rent: NSW rental bond data (postcode 2325), June 2026 · Population: 2021 Census
House prices in Millfield
Houses change hands at $885,000 on a typical sale, below the NSW median (34 house sales, NSW Valuer General, calendar 2025). Units come in around $242,640, roughly 73% below the house median. The 12-month picture shows a softening market (-20.3%), giving buyers more room to negotiate.
For sellers
With 12-month growth at -20.3%, pricing should anchor to the most recent six months of comparables, not last year's peak.
For buyers
A 20% deposit on the median house works out to roughly $177,000. Prices are below the NSW median, which keeps Millfield on the radar for first-home buyers and right-sizers.
Rental data as of June 2026· NSW rental bond data (postcode 2325)
Free appraisal in Millfield
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What to know about Millfield
Millfield (2325) sits in the Central Coast region of NSW. The median house here is $885,000, below the NSW median of around $1.10M. Prices have moved -20.3% over the past year, well behind the NSW average (3%).
Millfield has roughly 1,282 residents, with a typical family-age mix. Households are predominantly owner-occupied. Daily life is car-dependent: most residents drive to work, school and the shops.
What it’s like to live here
Millfield scores 0/100 on walkability, which makes it car-dependent with limited public transport. Plan for two cars in a typical household, especially if work isn't local.
Summer days here average around 30°C (warm), winter mornings around 5°C (cool). Annual rainfall lands at about 784 mm. Figures are our 1991 to 2020 averages of SILO data for this location (Queensland Government, built from Bureau of Meteorology observations).
Schooling within or near the suburb covers 5 government primary.
Schools in Millfield
Location
Walkability
- Walk
- 0/100
- Transit
- 0/100
- Bike
- 0/100
Very car dependent. Scores out of 100, calculated from OpenStreetMap data (ODbL).
Walkability data as of May 2026· OpenStreetMap
Demographics
The 2021 Census put Millfield's population at 1,282, with a median age of 38. That sits as a typical family-age mix. Households are predominantly owner-occupied (88% own, 10% rent), which shapes everything from school catchment stability to how often properties turn over. The household mix skews family-dominated (78% family households, 19% lone person), so amenity decisions tend to follow what families want: parks, schools, supermarkets.
- Family households
- 78%
- Lone person
- 19%
- Owner occupied
- 88%
- Renter occupied
- 10%
Demographics data as of May 2026· ABS 2021 Census
Investment overview
Gross rental yield on houses sits at 3.47% (median rent $590/wk against a $885,000 price tag). Units yield 10.29% gross, often the better cash-flow play for first-time investors. Renter share is modest (10%), so the rental pool is smaller and tenant demand can be patchier than in higher-density suburbs.
- Gross yield, housesSource: NSW Valuer General (PSI) · Sept 2026
- 3.47%
- On the $885,000 median
- Gross yield, unitsSource: NSW Valuer General (PSI) · Sept 2026
- 10.29%
- On the $242,640 median
- 12-month change, housesSource: NSW Valuer General (PSI) · Sept 2026
- -20.3%
Gross rental yield is a year’s rent divided by the purchase price, before expenses. It leaves out vacancy, management fees, maintenance and financing costs, so treat it as a starting point.
Crime and safety
26 offences recorded in 2026
Top offence categories
Source: State Police Open Data
Crime data as of January 2026
Weather year-round
- Annual rainfall
- 784 mm
- Hottest month, avg max
- 29.8°C
- Coldest month, avg min
- 5.0°C
Rainfall by month
Our 1991 to 2020 averages of SILO data (Queensland Government, built from Bureau of Meteorology observations, CC BY 4.0) for this location.
Climate data as of October 2026· SILO (Queensland Government), from Bureau of Meteorology observations
Questions about Millfield
- What is the median house price in Millfield?
- The median house price in Millfield, NSW 2325 is $885,000 (median of 34 house sales recorded by the NSW Valuer General in calendar 2025). The median unit price is $242,640. Annual growth is -20.3%.
- How much is my house worth in Millfield?
- A useful starting point is the Millfield median house price of $885,000 (units $242,640). Your home will sit above or below that depending on land size, condition, position and what comparable homes nearby have sold for recently. For a figure specific to your property, request a free property appraisal from a local agent using the form on this page.
- Is Millfield a good investment?
- On the published figures, the gross rental yield on houses in Millfield is 3.5%: the median weekly house rent is $590 (NSW rental bond data (postcode 2325), June 2026) against the median house price of $885,000 (NSW Valuer General, calendar 2025). The median house price fell 20.3% over 12 months on the same NSW Valuer General figures. Whether Millfield is a good investment for you depends on the price you pay, your loan and holding costs, vacancy and your tax position. These are published market figures, not financial advice.
- What is the Millfield postcode?
- Millfield is in the 2325 postcode, in NSW, in the Central Coast Council region.
- Where is Millfield?
- Millfield is a suburb in the Central Coast Council area, NSW 2325.
- What is the average rent in Millfield?
- The median weekly rent for houses is $590, for units it's $480.
- What schools are in Millfield?
- There are 5 schools serving Millfield on this page, including Millfield Public School, Paxton Public School, Bellbird Public School.
- How walkable is Millfield?
- Millfield has a Walk Score of 0 out of 100, highly car-dependent. transit score 0, bike score 0.
- What suburbs are near Millfield?
- Millfield is close to Greta Main, Paxton, Corrabare, Mount View, Sweetmans Creek.
- What is the population of Millfield?
- The population of Millfield is approximately 1,282 (2021 Census). The median age is 38.
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Sources. House and unit medians from the NSW Valuer General, Land Victoria, the SA Government and the ABS; rents from the state rental bond authorities. Census from the ABS (2021), climate from the Bureau of Meteorology, hazard from Geoscience Australia, schools from ACARA and crime from state police open data. Each figure carries its source and date. How we source data
How we’re paid. The guides and this page are free. When a seller asks, we introduce one local agent, and the agent pays us a flat fee for the introduction, never a share of their commission; it costs the seller nothing. If a figure looks wrong, tell us and we’ll fix it.