Mill Park Property: Australia's Next Growth Hotspot or Risky Buy?

In this episode of Talk Property To Me, hosts Brad East and Aaron Downie unpack one of Melbourne's most talked-about suburbs — Mill Park. They reveal whether it's truly a smart buy in 2025 or if investors should look elsewhere. Located just 20 km northeast of Melbourne's CBD, Mill Park offers family lifestyle appeal, strong infrastructure, and limited housing supply — but how does it really perform for investors? Brad and Aaron analyse property prices, yields, vacancy rates, and long-term ROI forecasts to uncover whether Mill Park can still deliver strong growth in the next decade.

Key Topics Covered:

✔️ Mill Park Overview – Location, Lifestyle & Demographics 🌳

✔️ Current Property Prices & Rental Yields (2025 Data) 💰

✔️ Why Mill Park's Growth Has Slowed Since COVID-19 📉

✔️ Supply, Demand & Inventory Pressure Explained

✔️ Unit vs House Performance – Yield vs Growth Trade-off

✔️ 10-Year ROI Forecast: Is It Still Worth It? 📊

✔️ Vacancy Rates, Hold Periods & Buyer Behaviour

✔️ Brad & Aaron's Final Verdict on Mill Park in 2025 🏡

If you're considering buying property in Melbourne's northeast or looking for the next growth suburb in Victoria, this episode is packed with valuable data-driven insights for investors and homebuyers alike.

👤 About the Hosts

Brad East

Managing Director of Wisebuy Home Loans. Award-winning mortgage broker who has helped thousands of Australians secure finance.

👉 Website → https://wisebuygroup.com.au

👉 LinkedIn → https://www.linkedin.com/in/newcastlemortgagebroker/

👉 Instagram → https://www.instagram.com/bradeast_mortgagebroker/

Aaron Downie

Director of Mackenzie Buyers Agency & experienced property investor. Provides practical strategies for building wealth through Australian real estate.

👉 Website: https://www.mackenziepropertygroup.com.au/

👉 Linkedin: https://www.linkedin.com/in/aaron-downie-1b2749134/