Millbank Suburb ProfileQueensland 4670
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Millbank has 1,217 properties. Over the last 5 years, Houses in Millbank have seen a 134.53% increase in median value, while Units have seen a 141.12% increase. As at 31 October 2025:
- The median value for Houses in Millbank is $590,269 while the median value for Units is $405,768.
- Houses have a median rent of $560 while Units have a median rent of $355.
The size of Millbank is approximately 3.4 square kilometres. It has 4 parks covering nearly 7.8% of total area. The population of Millbank in 2016 was 2512 people. By 2021 the population was 2499 showing a population decline of 0.5% in the area during that time. The predominant age group in Millbank is 70-79 years. Households in Millbank are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Millbank work in a professional occupation.In 2021, 60.10% of the homes in Millbank were owner-occupied compared with 55.70% in 2016.
Market Insights
Millbank Trends for Houses
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Millbank Trends for Units
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Neighbourhood Insights
Age
Population 2499
0-9
10%
10-19
10%
20-29
11%
30-39
11%
40-49
9%
50-59
9%
60-69
14%
70-79
14%
80-89
8%
90-99
3%
Household Structure
Occupancy
Recent Sales in MILLBANK 4670
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Properties for rent in MILLBANK 4670
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Last Updated: 05/12/2025
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