Milperra, NSW 2214
Canterbury-Bankstown City CouncilAll suburbs in postcode 2214
Updated
Median house price
$1,416,000
+8.5% over the past year.
Median of 82 house sales · NSW Valuer General · calendar 2025
Selling in Milperra?
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Milperra at a glance
- Median unit
- $411,840
- Weekly rent
- $1,000
- Houses
- Population
- 4,074
- Median age 39
Prices: Median of 82 house sales · NSW Valuer General · calendar 2025 · Rent: NSW rental bond data (postcode 2214), June 2026 · Population: 2021 Census
House prices in Milperra
Houses change hands at $1,416,000 on a typical sale, above the NSW median (82 house sales, NSW Valuer General, calendar 2025). Units come in around $411,840, roughly 71% below the house median. The last 12 months delivered strong growth (+8.5%), well clear of the long-run average for the state.
For sellers
Twelve-month growth is +8.5%, supporting confident pricing at the upper end of recent comparables.
For buyers
A 20% deposit on the median house works out to roughly $283,000. Prices sit above the NSW median, so plan for a stretched deposit and shop carefully on borrowing capacity.
Rental data as of June 2026· NSW rental bond data (postcode 2214)
Free appraisal in Milperra
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What to know about Milperra
Milperra (2214) sits in the Canterbury-Bankstown region of NSW. The median house here is $1,416,000, above the NSW median of around $1.10M. Prices have moved +8.5% over the past year, well clear of the NSW average (3%).
Milperra has roughly 4,074 residents, with a typical family-age mix. Households are predominantly owner-occupied.
What it’s like to live here
Summer days here average around 29°C (warm), winter mornings around 6°C (cool). Annual rainfall lands at about 826 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 8 government primary, 5 government secondary, 4 Catholic, 2 independent.
Schools in Milperra
Location
Demographics
The 2021 Census put Milperra's population at 4,074, with a median age of 39. That sits as a typical family-age mix. Households are predominantly owner-occupied (87% own, 11% rent), which shapes everything from school catchment stability to how often properties turn over. The household mix skews family-dominated (83% family households, 16% lone person), so amenity decisions tend to follow what families want: parks, schools, supermarkets.
- Family households
- 83%
- Lone person
- 16%
- Owner occupied
- 87%
- Renter occupied
- 11%
Demographics data as of May 2026· ABS 2021 Census
Investment overview
Gross rental yield on houses sits at 3.67% (median rent $1000/wk against a $1,416,000 price tag). Renter share is modest (11%), so the rental pool is smaller and tenant demand can be patchier than in higher-density suburbs. The 12-month growth of +8.5% adds a capital-growth case on top of the yield.
- Gross yield, housesSource: NSW Valuer General (PSI) · Sept 2026
- 3.67%
- On the $1,416,000 median
- 12-month change, housesSource: NSW Valuer General (PSI) · Sept 2026
- +8.5%
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
106 offences recorded in 2026
Top offence categories
Source: State Police Open Data
Crime data as of January 2026
Weather year-round
- Annual rainfall
- 826 mm
- Hottest month, avg max
- 28.7°C
- Coldest month, avg min
- 6.2°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 Milperra
- What is the median house price in Milperra?
- The median house price in Milperra, NSW 2214 is $1,416,000 (median of 82 house sales recorded by the NSW Valuer General in calendar 2025). The median unit price is $411,840. Annual growth is +8.5%.
- How much is my house worth in Milperra?
- A useful starting point is the Milperra median house price of $1,416,000 (units $411,840). 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 Milperra a good investment?
- On the published figures, the gross rental yield on houses in Milperra is 3.7%: the median weekly house rent is $1,000 (NSW rental bond data (postcode 2214), June 2026) against the median house price of $1,416,000 (NSW Valuer General, calendar 2025). The median house price rose 8.5% over 12 months on the same NSW Valuer General figures. Whether Milperra 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 Milperra postcode?
- Milperra is in the 2214 postcode, in NSW, in the Canterbury-Bankstown City Council region.
- Where is Milperra?
- Milperra is a suburb in the Canterbury-Bankstown City Council area, NSW 2214.
- What is the average rent in Milperra?
- The median weekly rent for houses is $1000.
- What schools are in Milperra?
- There are 20 schools serving Milperra on this page, including Milperra Public School, Mount St Joseph Milperra, Panania North Public School.
- What suburbs are near Milperra?
- Milperra is close to Voyager Point, Hammondville, East Hills, Panania, Pleasure Point.
- What is the population of Milperra?
- The population of Milperra is approximately 4,074 (2021 Census). The median age is 39.
Selling in Milperra? Get the free selling guide
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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.