Loddon Shire Council
Milloo
Milloo at a glance
Median house
$332,000
Median unit
$239,040
Walk score
0
Very car dependent
Population
37
Median age 39
About
Welcome to Milloo.
Milloo (3572) sits in the Loddon region of Victoria. The median house here is $332,000, well below the Victoria median of around $850K.
Milloo has roughly 37 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.
Side by side
Compare Milloo with a nearby suburb.
Median, growth, schools, walkability, all in one view.
Houses change hands at $332,000 on a typical sale, well below the Victoria median. Units come in around $239,040, roughly 28% below the house median.
For buyers
A 20% deposit on the median house works out to roughly $66,000. Prices are well below the Victoria median, which keeps Milloo on the radar for first-home buyers and right-sizers.
Market
The price of a home here.
Median house price
$332,000
+0.0% over the past year. Median unit price $239,040.
Rental and ownership
Weekly rent (house)
$250/wk
Weekly rent (unit)
$200/wk
Owner occupied
75%
Renter occupied
33%
At a deeper level
$332,000
$239,040
37
Median age: 39
Free appraisal
What’s your home worth in Milloo?
A local agent who actually sells in Milloo will give you an honest number, backed by recent comparable sales. Free, no commitment to list.
Get property alerts for Milloo
Be the first to know when new listings hit the market.
For investors
Investment overview.
Gross rental yield on houses sits at 3.92% (median rent $250/wk against a $332,000 price tag). Units yield 4.35% gross, often the better cash-flow play for first-time investors. With 33% of households renting, the leasing market is established and vacancy risk tends to be lower than in owner-dominated suburbs.
Gross Yield (House)
Source: RTBA, Residential Tenancies Bond Authority (VIC)3.92%
Based on $332,000 median
Gross Yield (Unit)
Source: RTBA, Residential Tenancies Bond Authority (VIC)4.35%
Based on $239,040 median
Annual Growth (House)
Source: RTBA, Residential Tenancies Bond Authority (VIC)–
Year-on-year capital growth
Annual Growth (Unit)
Source: RTBA, Residential Tenancies Bond Authority (VIC)–
Year-on-year capital growth
Owner Occupancy
Source: ABS Census 2021 · May 202675%
Higher = more owner-occupier demand
Days on Market
Source: RTBA, Residential Tenancies Bond Authority (VIC)–
Lower = higher buyer demand
Gross rental yield is annual rent divided by purchase price, before expenses. It does not account for vacancy rates, management fees, maintenance, or financing costs. Use this as a starting point for further research.
Who lives here
Demographics.
The 2021 Census put Milloo's population at 37, with a median age of 39. That sits as a typical family-age mix. Households are predominantly owner-occupied (75% own, 33% rent), which shapes everything from school catchment stability to how often properties turn over. The household mix is balanced (50% family, 33% lone person).
Population
37
Median age
39
Family households
50%
Lone person
33%
Demographics data as of May 2026· ABS 2021 Census
Day to day
What it’s like to live here.
Milloo 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 4°C (cold). Annual rainfall lands at about 422mm. Data comes from the Bureau of Meteorology's Bendigo Airport station, 38.0km away.
Schooling within or near the suburb covers 9 government primary, 2 government secondary, 3 Catholic.
Safety
Crime and safety.
2
total offences in 2025
Top offence categories
Crime statistics are reported at LGA level and may cover a broader area than this suburb.
Source: State Police Open Data
Crime data as of December 2025· State Police Open Data
Getting around
Walkability.
0
0
0
Scores calculated from OpenStreetMap data (ODbL)
Walkability data as of May 2026· OpenStreetMap
Place
Location.
Amenities
Transport
Education
Schools in Milloo.
Local schools for Milloo
View the catchment for each school to find out more.
Government School Catchment
Lockington Consolidated School
East Loddon P-12 College
Elmore Primary School
© ACARA, licensed under CC BY 4.0.
Climate
Weather year-round.
Annual Rainfall
422 mm
Hottest Month (avg max)
29.8°C
Coldest Month (avg min)
3.7°C
Monthly Rainfall (mm)
Weather data from BOM station Bendigo Airport (38 km away)
Climate data as of May 2026· Bureau of Meteorology
Frequently asked
About Milloo.
- What is the median house price in Milloo?
- The median house price in Milloo, VIC 3572 is $332,000. The median unit price is $239,040. Annual growth is +0.0%.
- What is the Milloo postcode?
- Milloo is in the 3572 postcode, in VIC, in the Loddon Shire Council region.
- What is the average rent in Milloo?
- The median weekly rent for houses is $250, for units it's $200.
- What schools are in Milloo?
- There are 16 schools serving Milloo on this page, including Lockington Consolidated School, East Loddon P-12 College, Elmore Primary School.
- How walkable is Milloo?
- Milloo has a Walk Score of 0 out of 100, highly car-dependent. transit score 0, bike score 0.
- What suburbs are near Milloo?
- Milloo is close to Tennyson, Piavella, Kamarooka North, Drummartin, Diggora West.
- What is the population of Milloo?
- Milloo has approximately 37 residents. The median age is 39.
Milloo
Guides
Surrounding Suburbs
Side by side
Compare Milloo vs a nearby suburb
See median prices, growth, schools, walkability and risk side by side in one view.
Sources cited
Median, growth and rental data from state revenue offices and ABS. Census from ABS 2021. Climate from BoM. Hazard from Geoscience Australia. School data from ACARA. Crime from state police open data. Full methodology →
Always dated
Every figure on this page carries its source and as-of date in a tooltip. If a figure looks off to you, tell us and we’ll fix it within a week.
No login
No paywall, no sign-up, no download form. The suburb data is the product. We earn from partner brokers and agents on the rare occasion you ask for one.
Want a real human to help with Milloo?
If you’ve looked at the numbers and want someone to talk it through, whether that’s an agent, broker, accountant or conveyancer, we’ll find the right person for your situation. Free, no commitment.
Get connected