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Suburb Insights · WA 6056

Millendon, WA 6056 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

Millendon is a well-established middle-ring suburb of Perth, Australia, with a population of approximately 490, making it a boutique locality. Located approximately 23 km from the Perth CBD, Millendon is a middle ring area in Western Australia. The median household income is $105,248 per year.

Investment Score

61 / 100 Good

Strong household incomes in Millendon underpin solid property demand.

Location

Perth
Millendon
Western Australia · 6056
23 km from Perth CBD
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Key Indicators

Postcode
6056

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

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Population
490

Usual resident population at the most recent census.

Median weekly rent
$350/wk

Weekly median rent for occupied homes. Live rental data integration coming soon.

Median household income
$105,248/yr

Annual median household income (before tax) across all households.

Distance to CBD
23 km

Straight-line distance from the suburb centroid 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.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb.

Median monthly mortgage
$2,000/mo

Monthly median mortgage repayment for households currently paying off a mortgage.

Home type
92% houses

Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.

Investment Insight

Millendon is a smaller community of 490 — about 9% of the Western Australia suburb median (5,605) — so investors should factor in the narrower buyer pool and longer average time-on-market. Households here earn $105,248/year on average — 6% above the WA suburb median of $99,736 — a modest premium that supports resilient owner-occupier demand. Rent of $350/week (76% coverage of the $2,000/month median mortgage) leaves a gap of roughly $483/month that a typical investor bridges with negative gearing, depreciation and capital growth. 23 km from Perth places Millendon in the middle commuter belt, close enough for daily trips by car or rail but at a materially lower price point than inner suburbs.

Millendon vs Western Australia Median

How Millendon stacks up against the median of all Western Australia suburbs in our dataset. Positive values mean Millendon sits above the state median; negative means below.

MetricMillendonWA medianΔ vs state
Population4905,605-91%
Median household income$105,248/yr$99,736/yr+6%
Median rent (weekly)$350$3500%
Median mortgage (monthly)$2,000$1,902+5%
Distance to CBD23 km20 km+15%
Separate houses92%79%+13pp

Investor Checklist

Pre-inspection briefing for Millendon — every item is derived from public datasets, with full citations in our data sources page.

Investment Strategy

Buy & Hold

Limited buy-and-hold upside: a small population of 490 means liquidity is thin and capital growth tends to lag the wider Western Australia market over full cycles.

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Rental Yield

Moderate rental coverage: rent of $350/week covers 76% of a $2,000/month mortgage, leaving a $483/month gap that an investor bridges with equity, depreciation and tax benefits.

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Renovation / Flip

With 92% houses in a 490-person market, renovation margins depend on individual street and aspect rather than any suburb-wide story — do comparable-sales analysis before committing capital.

Risk Factors

Run the numbers on a Millendon property

Full Property Analysis

30-year projections for Millendon

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Moderate

Capital-growth expectations for Millendon are modest for 2026 — incomes 6% above the WA median of $99,736 and a population of 490 suggest gains will lag headline metro markets. Rental coverage runs at ~76% of the typical mortgage ($1,517/month rent vs $2,000/month repayment), leaving a manageable top-up for most investors. The EquitySight investment score of 61/100 places Millendon in the upper-middle tier of Australian suburbs we profile, and overall investor sentiment is balanced heading into the second half of 2026.

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Frequently Asked Questions

Is Millendon a good suburb for investment?

Millendon scores 61/100 on our EquitySight investment framework — a good rating. That score is driven by a population of 490, median household income of $105,248/year and median weekly rent of $350. Whether it fits your portfolio depends on whether you are targeting cash flow, capital growth, or a value-add renovation — all three are scored with suburb-specific numbers elsewhere on this page.

What drives property demand in Millendon?

The main demand drivers in Millendon are proximity to Perth (23 km), an above-state-median household income of $105,248/year, a dwelling mix that is 92% separate houses, roughly 1 schools and 1 parks within the catchment. Together these shape both owner-occupier and tenant demand and are the factors we weight most heavily in the suburb's investment score.

What is the population of Millendon?

Millendon has a usual resident population of approximately 490, compared with a Western Australia suburb median of 5,605 — placing it in the lower half of the state's suburbs by size. Population is the clearest proxy for market depth: more residents mean more transactions and typically a shorter average days-on-market on resale.

How far is Millendon from the Perth CBD?

Millendon sits 23 km straight-line from the Perth CBD. This is comfortable commuter territory, with reasonable rail and road access to the city.

What is the median rent in Millendon?

The most recent census recorded a median weekly rent of $350 in Millendon, equating to approximately $18,200/year in gross rental income (state median $350/week). Market rents have typically drifted above the recorded figure — verify against current listings on realestate.com.au and Domain before making an offer.

What is the typical mortgage repayment in Millendon?

The median monthly mortgage repayment in Millendon is $2,000, or approximately $24,000/year (vs $1,902/month state median). Stress-test your own borrowing at rates 1–2 percentage points above today's to make sure you can still service the loan through an RBA tightening cycle.

Is Millendon cash-flow positive for investors?

A median weekly rent of $350 works out to $1,517/month, covering 76% of the median mortgage repayment of $2,000/month. That leaves a $483/month shortfall (around $5,796/year before tax benefits), so a typical owner-occupier-priced property here is negatively geared. Actual cash flow depends on your deposit, loan terms, ownership costs and marginal tax rate — run the full numbers in our rental yield calculator.

What are the main risks of investing in Millendon?

The main risks are a thin buyer pool (490 residents), interest-rate sensitivity on the $2,000 median mortgage, the broader Western Australia market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.

How we built this Millendon profile

Every number on this page comes from the ABS 2021 Census of Population and Housing, Australia Post postcode reference data, and OpenStreetMap amenity tiles. The investment score, strategy verdicts, and comparison table are computed deterministically from those inputs — no opinion, no estimation. See our full methodology and the data sources and licences for the formulas we use.

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