Free full calculator โ†’
Suburb Insights ยท QLD 4807

Millaroo 4807, Queensland

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Millaroo is a regional centre in Queensland, Australia, with a population of approximately 86, making it a boutique locality. Located approximately 1012 km from the Brisbane CBD, Millaroo is a regional area in Queensland. The median household income is $99,632 AUD per year (ABS 2021 Census).

Investment Score

40 / 100 Weak

Millaroo benefits from a high-income resident base, supporting premium property pricing. Distance from major centres is a consideration, though regional markets can offer higher rental yields.

Location

Map shows Millaroo, Queensland, Australia.

Key Indicators

Postcode
4807

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

Australia Post Postcode Finder โ†’
Population
86

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

ABS Census Data โ†’
Median Rent (weekly)
$73/wk

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

State Rental Authority โ†’
Median Household Income
$99,632/yr

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

ABS Census Data โ†’
Distance to CBD
1012 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.

Find schools near Millaroo on My School โ†’
Parks & green spaces
1

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

Median Mortgage (monthly)
$1,170/mo

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

ABS Census Data โ†’
Dwelling Type
46% 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

As a regional centre, Millaroo serves a wide catchment area. Regional property can offer higher rental yields than metro equivalents, though investors should assess local employment diversity and infrastructure plans. The median rent of $73/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,170/month. The median household income of $99,632/year reflects a solid demographic, supporting sustainable rental demand.

Investment Strategy

โš ๏ธ
Buy & Hold

Holding property in Millaroo over the medium term may deliver steady, if unspectacular, returns.

โŒ
Rental Yield

Millaroo's rental market is softer โ€” budget for potential vacancy periods.

โŒ
Renovation / Flip

Limited buyer depth in Millaroo makes flip strategies higher-risk โ€” consider rental conversion instead.

Risk Factors

Run the numbers on a Millaroo property

Full Property Analysis

30-year projections for Millaroo

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

Create free account โ†’
Or jump straight to a calculator: Loan Serviceability First Home Buyer Grants

2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Price movement in Millaroo is expected to be flat to modest in 2026, reflecting broader regional market conditions. The rental pipeline in Millaroo is thinner โ€” flexible lease terms could help secure tenants faster. Investor sentiment toward Millaroo is currently lukewarm โ€” value hunters may find opportunity here.

Frequently Asked Questions

Is Millaroo a good suburb for investment?

Millaroo is a regional area in Queensland with a population of 86. The median rent is $73/week and the median household income is $99,632/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 Millaroo?

Key demand drivers in Millaroo include regional employment hubs, lifestyle, and affordability. 46% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Millaroo?

According to the ABS 2021 Census, Millaroo has a population of approximately 86. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Millaroo from the Brisbane CBD?

Millaroo is approximately 1012 km straight-line distance from the Brisbane CBD (calculated from ABS 2021 suburb centroid coordinates). As a regional or remote location, travel to the capital is significant โ€” local amenities and employment are important investment considerations.

Explore Nearby Suburbs

Queensland Property Resources