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Suburb Insights ยท QLD 4310

Milford 4310, Queensland

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Milford is an outer-metropolitan suburb of Brisbane, Australia, with a population of approximately 190, making it a boutique locality. Located approximately 70 km from the Brisbane CBD, Milford is a outer metro area in Queensland. The median household income is $62,348 AUD per year (ABS 2021 Census).

Investment Score

31 / 100 Weak

Milford's income profile suggests a value-oriented market with competitive purchase prices. The outer location offers affordability but may see slower price appreciation.

Location

Map shows Milford, Queensland, Australia.

Key Indicators

Postcode
4310

Official Australia Post postcode for Milford. A postcode may cover multiple suburbs.

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Population
190

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$300/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

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Median Household Income
$62,348/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
70 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb based on ABS 2021 data.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$1,733/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
95% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

Milford's outer-metropolitan position means more affordable entry points for investors, with potential for capital growth as infrastructure extends outward. Demand is often driven by young families seeking space and value. The median rent of $300/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,733/month. 95% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

A buy-and-hold approach in Milford could work well with careful property selection and a longer time horizon.

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Rental Yield

Milford can deliver reasonable rental income, though yields are not the primary draw.

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Renovation / Flip

The resale market in Milford may not support quick-turnaround renovation projects.

Risk Factors

Run the numbers on a Milford property

Full Property Analysis

30-year projections for Milford

Scenario comparison, cash flow analysis, tax modelling, and PDF export โ€” all in one place.

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2026 Outlook

Growth: Low Rental Demand: Moderate Investor Sentiment: Low

Milford faces a cautious growth outlook for 2026 โ€” investors should focus on yield rather than short-term gains. The rental market in Milford should see steady occupancy, with moderate upward pressure on rents. Investor sentiment toward Milford is currently lukewarm โ€” value hunters may find opportunity here.

Frequently Asked Questions

Is Milford a good suburb for investment?

Milford is a outer metro area in Queensland with a population of 190. The median rent is $300/week and the median household income is $62,348/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Milford?

Key demand drivers in Milford include affordability relative to inner suburbs and expanding infrastructure. 95% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Milford?

According to the ABS 2021 Census, Milford has a population of approximately 190. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Milford from the Brisbane CBD?

Milford is approximately 70 km straight-line distance from the Brisbane CBD (calculated from ABS 2021 suburb centroid coordinates). Road travel times will vary; check current mapping services for up-to-date routes.

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