Millfield vs Paxton

Paxton (median $690,000) is roughly 22% cheaper to buy into than Millfield ($885,000). Over the past year, Paxton (-7.4%) ran 12.9 percentage points ahead of Millfield (-20.3%) on house-price growth.

Buying in Millfield or Paxton?

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Selling in Millfield? The free selling guide

Millfield and Paxton side by side

MeasureMillfieldPaxton
Price and market
Median house$885,000$690,000
Median unit$242,640$242,640
House price change, 12 months-20.3%-7.4%
Renting
House rent$590/wk$590/wk
Unit rent$480/wk$480/wk
Owner occupied88.0%81.0%
Renter occupied10.0%17.0%
Schools
Schools nearby59
Average ICSEA911917
Lifestyle and people
Walk score00
Transit score00
Bike score00
Population1,2821,215
Median age3833
Climate
Annual rainfall784 mm785 mm
Mean max, January29.8°C29.9°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

On school quality, the average ICSEA across schools serving Paxton (917) sits above Millfield (911).

For buyers
Paxton is the lower entry point at $690,000 median, 22% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Paxton carries both higher gross yield (4.45% vs 3.47%) and stronger 12-month growth. On the headline numbers, it's the cleaner investor case of the two.
For families
Paxton edges out on average school ICSEA (917 vs 911).

Millfield vs Paxton: common questions

Is Millfield or Paxton cheaper to buy in?

Paxton has the lower median house price at $690,000, roughly 22% below Millfield ($885,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Which has stronger property growth, Millfield or Paxton?

Over the past 12 months, Paxton grew -7.4% vs -20.3% in Millfield, a gap of 12.9 percentage points. Twelve-month growth can swing year to year, so weight long-run trends from the individual suburb profiles before making a buy decision.

Does Millfield or Paxton have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Paxton scores 917 vs 911 in Millfield. 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 suburb has higher rental yield, Millfield or Paxton?

Gross rental yield on houses is 4.45% in Paxton vs 3.47% in Millfield. 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.