Millthorpe, NSW 2798
Orange City CouncilAll suburbs in postcode 2798
Updated
Median house price
$723,333
-16.9% over the past year.
Median of 35 house sales · NSW Valuer General · calendar 2025
Selling in Millthorpe?
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Millthorpe at a glance
- Median unit
- $315,360
- Weekly rent
- $513
- Houses
- Population
- 1,347
- Median age 43
Prices: Median of 35 house sales · NSW Valuer General · calendar 2025 · Rent: NSW rental bond data (postcode 2798), June 2025 · Population: 2021 Census
House prices in Millthorpe
Houses change hands at $723,333 on a typical sale, below the NSW median (35 house sales, NSW Valuer General, calendar 2025). Units come in around $315,360, roughly 56% below the house median. The 12-month picture shows a softening market (-16.9%), giving buyers more room to negotiate.
For sellers
With 12-month growth at -16.9%, 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 $145,000. Prices are below the NSW median, which keeps Millthorpe on the radar for first-home buyers and right-sizers.
Rental data as of June 2025· NSW rental bond data (postcode 2798)
Free appraisal in Millthorpe
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What to know about Millthorpe
Millthorpe (2798) sits in the Orange region of NSW. The median house here is $723,333, below the NSW median of around $1.10M. Prices have moved -16.9% over the past year, well behind the NSW average (3%).
Millthorpe has roughly 1,347 residents, with an established, older skew. 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
Millthorpe scores 22/100 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 27°C (warm), winter mornings around 1°C (cold). Annual rainfall lands at about 790 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 9 government primary, 2 government secondary, 3 Catholic, 2 independent.
Schools in Millthorpe
Location
Walkability
- Walk
- 22/100
- Transit
- 10/100
- 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 Millthorpe's population at 1,347, with a median age of 43. That sits as an established, older skew. Households are predominantly owner-occupied (83% own, 15% rent), which shapes everything from school catchment stability to how often properties turn over. The household mix skews family-dominated (80% family households, 18% lone person), so amenity decisions tend to follow what families want: parks, schools, supermarkets.
- Family households
- 80%
- Lone person
- 18%
- Owner occupied
- 83%
- Renter occupied
- 15%
Demographics data as of May 2026· ABS 2021 Census
Investment overview
Gross rental yield on houses sits at 3.69% (median rent $513/wk against a $723,333 price tag). Renter share is modest (15%), 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
- 3.69%
- On the $723,333 median
- 12-month change, housesSource: NSW Valuer General (PSI) · Sept 2026
- -16.9%
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
- 790 mm
- Hottest month, avg max
- 27.2°C
- Coldest month, avg min
- 0.7°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 Millthorpe
- What is the median house price in Millthorpe?
- The median house price in Millthorpe, NSW 2798 is $723,333 (median of 35 house sales recorded by the NSW Valuer General in calendar 2025). The median unit price is $315,360. Annual growth is -16.9%.
- How much is my house worth in Millthorpe?
- A useful starting point is the Millthorpe median house price of $723,333 (units $315,360). 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 Millthorpe a good investment?
- On the published figures, the gross rental yield on houses in Millthorpe is 3.7%: the median weekly house rent is $513 (NSW rental bond data (postcode 2798), June 2025) against the median house price of $723,333 (NSW Valuer General, calendar 2025). The median house price fell 16.9% over 12 months on the same NSW Valuer General figures. Whether Millthorpe 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 Millthorpe postcode?
- Millthorpe is in the 2798 postcode, in NSW, in the Orange City Council region.
- Where is Millthorpe?
- Millthorpe is a suburb in the Orange City Council area, NSW 2798.
- What is the average rent in Millthorpe?
- The median weekly rent for houses is $513.
- What schools are in Millthorpe?
- There are 17 schools serving Millthorpe on this page, including Millthorpe Public School, Spring Hill Public School, Spring Terrace Public School.
- How walkable is Millthorpe?
- Millthorpe has a Walk Score of 22 out of 100, highly car-dependent. transit score 10, bike score 0.
- What suburbs are near Millthorpe?
- Millthorpe is close to Spring Hill, Shadforth, Guyong, Browns Creek, Tallwood.
- What is the population of Millthorpe?
- The population of Millthorpe is approximately 1,347 (2021 Census). The median age is 43.
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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.