Side by sideSuburb comparison

Millgrove vs Warburton.

Comparing two suburbs with median house prices of $620,000 and $745,000. Warburton edges out on more headline metrics in this comparison.

Millgrove (median $620,000) is roughly 17% cheaper to buy into than Warburton ($745,000).

Warburton scores higher on walkability (0/100 vs 50/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Warburton (991) sits above Millgrove (989).

The takeWhich suburb suits which buyer

For buyers

Millgrove is the lower entry point at $620,000 median, 17% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.

For investors

Millgrove offers the higher gross rental yield (2.52% vs 2.09%), favouring cash-flow investors.

For families

Warburton edges out on average school ICSEA (991 vs 989).

Common questionsMillgrove vs Warburton

Common questions

Is Millgrove or Warburton cheaper to buy in?

Millgrove has the lower median house price at $620,000, roughly 17% below Warburton ($745,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Millgrove or Warburton have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Warburton scores 991 vs 989 in Millgrove. 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, Millgrove or Warburton?

Warburton scores 50/100 on walkability vs 0/100. 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, Millgrove or Warburton?

Gross rental yield on houses is 2.52% in Millgrove vs 2.09% in Warburton. 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

Millgrove
Metric
Warburton

Price & Market

$620,000
Median house
$745,000
$223,920
Median unit
$223,920
+0.0%
Annual growth (house)
+0.0%
Days on market

Rental

$300/wk
Rent (house / wk)
$300/wk
$305/wk
Rent (unit / wk)
$255/wk
82.0%
Owner occupied
16.0%
Renter occupied

Lifestyle & Demographics

0
Walk score
50
0
Transit score
0
55
Bike score
100
1,666
Population
5,951
40
Median age
46

Risk & Hazard

Flood class
Bushfire risk

Schools

10
Schools nearby
9
989
Avg ICSEA
991

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).