Millner vs Coconut Grove
Millner (median $595,000) is roughly 8% cheaper to buy into than Coconut Grove ($645,000).
Buying in Millner or Coconut Grove?
Selling in Millner? The free selling guide
Millner and Coconut Grove side by side
| Measure | Millner | Coconut Grove |
|---|---|---|
| Price and market | ||
| Median house | $595,000 | $645,000 |
| Median unit | $272,500 | $355,000 |
| Renting | ||
| House rent | $345/wk | $345/wk |
| Unit rent | $340/wk | $300/wk |
| Owner occupied | 49.0% | 36.0% |
| Renter occupied | 47.0% | 61.0% |
| Schools | ||
| Schools nearby | 20 | 20 |
| Average ICSEA | 980 | 1009 |
| Lifestyle and people | ||
| Walk score | 48 | 28 |
| Transit score | 0 | 0 |
| Bike score | 100 | 100 |
| Population | 2,576 | 2,892 |
| Median age | 36 | 35 |
| Climate | ||
| Annual rainfall | 1740 mm | 1740 mm |
| Mean max, January | 32.0°C | 32.0°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
Millner scores higher on walkability (48/100 vs 28/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Coconut Grove (1009) sits above Millner (980). Millner skews owner-occupied (49%), Coconut Grove runs more rental-dense (36% owner).
- For buyers
- Millner is the lower entry point at $595,000 median, 8% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
- For investors
- Millner offers the higher gross rental yield (3.02% vs 2.78%), favouring cash-flow investors.
- For families
- Coconut Grove edges out on average school ICSEA (1009 vs 980).
Millner vs Coconut Grove: common questions
Is Millner or Coconut Grove cheaper to buy in?
Millner has the lower median house price at $595,000, roughly 8% below Coconut Grove ($645,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Does Millner or Coconut Grove have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Coconut Grove scores 1009 vs 980 in Millner. 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, Millner or Coconut Grove?
Millner scores 48/100 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, Millner or Coconut Grove?
Gross rental yield on houses is 3.02% in Millner vs 2.78% in Coconut Grove. 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
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