Milperra, NSW

FAIR VALUE

2,877 sales · 36 years of data · NSW, Australia

$1,405,000
Median (All)
$1,495,000
Median (Houses)
$1,033,750
Median (Apartments)
5.8%
10yr CAGR
6.0%
36yr CAGR
12.4%
Strata %
36 years of data · 2,877 sales analysed · 2,500+ suburbs · Updated weekly

Milperra, NSW Property Market Overview

Milperra, NSW, 2214, is a suburb located in Sydney, offering a mix of residential living and industrial areas. Our data spans 36 years of property sales, encompassing a total of 2,877 recorded sales, providing a comprehensive view of the suburb's market activity.

Currently, the median property price in Milperra across all property types is $1,405,000. This is further broken down with houses having a median price of $1,495,000 and apartments at $1,033,750. Milperra's blend of housing options and established community makes it a notable part of Sydney's property landscape.

Currently fair value
Relative to the long-term price trend line
$500K invested 10yr ago → $878,672
Based on the 10-year compound annual growth rate of 5.8%
Predominantly houses12% apartments
88% of sales are houses and other non-strata properties
Loading chart...

Property Mix

88%
Houses 88%$1,495,000Apartments 12%$1,033,750

Data You Can Trust

Every figure backed by NSW government sale records

7 million+
verified sale records
2,500+
NSW suburbs covered
36 years
of market history
Weekly
NSW Gov. data updates

What Subscribers See

A preview of the full analysis available for Milperra

Street Rankings

Top streets in Milperra, NSW by median sale price

See which streets command the highest prices and how many sales back each ranking.

#StreetTypeSalesMedian Price
1Amiens AveHouse6$1,481,000
2Mactier AveHouse6$1,385,500
3Prescot PdeHouse9$1,611,700
4Raleigh RdHouse11$1,474,800

... and 126 more streets available

Subscribers also see:

  • Street price per m² analysis
  • Street annual growth rates (CAGR)
  • Premium vs discount % comparison
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Price per m²

Streets by price per square metre

Compare land and building value across streets — essential for finding underpriced pockets.

#StreetTypeSalesMedian $/m²
1Prescot PdeHouse9$3,582/m²
2Mactier AveHouse6$3,277/m²
3Striders AveHouse3$3,674/m²
4Grieve CresHouse5$4,100/m²

... and more $/m² rankings

View full $/m² data
Growth Rates

Fastest growing streets by median price

10-year compound annual growth rate (CAGR) by street — see which streets are outperforming the suburb.

#StreetType10yr CAGR
1Prescot PdeHouse+6.6%
2Eynham RdHouse+6.5%
3Armentieres AveHouse+6.9%
4Amiens AveHouse+7.5%

... and more street growth rates

See all growth rates

Past growth rates are not indicative of future performance. This data is for informational purposes only.

Building Analytics

Building-by-building comparison

68
apartment buildings analysed
#AddressSalesMedian$/m²
161 Ashford Ave24$1,303,500$5,853/m²

... and 64 more buildings

Compare individual buildings by price per sqm, median unit price, and sales volume. Identify which buildings are gaining or losing value relative to the suburb average.

View full building data
Risk Indicator

Flipper risk & hold period analysis

Available with full access
 

Properties resold within 2 years may signal problems — structural issues, noisy locations, or overpayment. See hold period distribution and flagged streets.

See flipper risk data
Risk Indicator

Settlement times & problem streets

57
average days to settlement

Extended settlement times can indicate building defects, financing difficulties, or legal issues. See which streets have the longest settlement periods.

See settlement data
Suburb Change

Density & development tracking

12%
apartments across 68 buildings

Track which streets are converting from houses to apartments. Understand how density is changing the suburb's character and property values over time.

See density trends

Unlock the full Milperra analysis

130 streets and 68 buildings to explore

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3 street rankings
All 130 streets ranked
Cycle chart preview
Full chart — all years
Basic median prices
Price per m² by street
Suburb-level growth only
10-year CAGR by street
Building count only
68 buildings compared
Summary stats only
Flipper risk + settlement data

Based on 2,877 verified property sales across 36 years · Last updated: February 2026

Trusted by 100+ property investors across NSW

Milperra at a Glance

Region
South Western Sydney
CBD Distance
27km southwest of Sydney CBD
Train Station
Revesby Station (T8 Airport & South Line)
Council
Canterbury-Bankstown Council
Property Character
Established residential with a mix of houses and apartments
Community
Families and multicultural community

Milperra, NSW

Map data © OpenStreetMap contributors

Local Amenities


Living in Milperra, NSW

Living in Milperra offers a blend of suburban tranquility and convenient access to amenities. The suburb is home to schools like Milperra Public School and Mount St Joseph Milperra, catering to families with children.

For shopping, residents can access local shops within Milperra or head to nearby major centres like Bankstown Central. Recreational spaces include parks like the extensive Georges River National Park, offering opportunities for outdoor activities and enjoying nature. The suburb also benefits from bus services connecting it to surrounding areas.

Milperra fosters a community-oriented environment, with local events and activities contributing to a strong sense of belonging. The suburb's mix of residential areas, parks, and local businesses creates a balanced and appealing lifestyle for its residents.


Who Buys in Milperra?

Milperra attracts a diverse range of buyers, including families drawn to its schools and parks, and first-home buyers seeking relatively affordable options compared to more central Sydney suburbs. The median house price of $1,495,000 and apartment price of $1,033,750, along with a strata percentage of 12.4%, indicates a market accessible to a variety of budgets.

The suburb's historical growth, with a 10-year CAGR of 5.8%, also appeals to those seeking long-term capital appreciation. Downsizers may also find Milperra attractive due to its mix of housing types and convenient location.

Market Analysis

The Milperra property market, as of early 2026, is currently positioned near its long-term trend, indicating fair value. This suggests that property prices are aligned with their historical performance based on factors such as economic conditions and buyer demand.

A market at fair value in Milperra means that prices aren't significantly inflated or depressed compared to historical averages. While this doesn't preclude future growth, it indicates that the market is currently stable and reflecting its intrinsic worth. This analysis is based on our comprehensive dataset and algorithms, offering insights into Milperra's market dynamics.


Is Milperra a Good Investment?

Milperra's historical growth patterns suggest a consistent and stable market. The 10-year CAGR of 5.8% and the full-period CAGR of 6.0% indicate a long-term trend of value appreciation. These figures, combined with the current cycle position of being near its long-term trend, provide a foundation for understanding the suburb's market dynamics.

While we don't give investment advice, understanding what drives property values in Milperra requires considering factors such as its location, amenities, and housing mix. The current cycle position suggests that the market is neither significantly overvalued nor undervalued, reflecting a balanced state based on historical trends. These factors contribute to the overall appeal and stability of Milperra's property market.


Milperra Market Outlook

The Milperra property market, as of early 2026, is positioned near its long-term trend, suggesting fair value. Recent price trends indicate a period of stability, aligning with historical performance.

Given its current cycle position and established community, Milperra's market outlook suggests continued stability. While market conditions can change, the suburb's underlying characteristics and historical performance provide a basis for understanding its potential future trajectory. Our ongoing analysis will continue to track and report on any significant shifts in the Milperra property market.

Streets & Location in Milperra, NSW

Milperra, postcode 2214, features a variety of residential streets each with its own character. Analysis of median prices reveals that streets such as SOMME CRES, PRESCOT PDE, and EYNHAM RD are among the top streets in Milperra by median property value.

Located in Sydney's southwest, Milperra offers a blend of suburban living with access to various amenities. The suburb's 130 total streets contribute to its established residential feel, making it a diverse and interesting area within the broader Sydney region.

Market Dynamics

The average settlement time for properties in Milperra is approximately 57 days, reflecting a standard timeframe for property transactions. This indicates a typical level of activity and efficiency in the local market.

Currently, data on quick-flip percentages is not available for Milperra. However, the average settlement days provides insight into the overall transactional landscape within the suburb, helping to understand the pace of property sales and transfers. Investor activity, while not specifically quantified here, contributes to the overall demand and market dynamics in Milperra.

Development & Density

Milperra has a mix of housing types, with a notable presence of detached houses alongside apartment complexes. There are 68 apartment buildings contributing to the suburb's overall housing stock.

The strata percentage of 12.4% indicates the proportion of apartments in Milperra compared to houses. This mix reflects a balance between lower-density residential areas and higher-density apartment living, catering to a variety of lifestyle preferences. The overall development density in Milperra is relatively moderate, maintaining a suburban character.

Growth & Property Mix

Historically, Milperra has demonstrated solid and consistent growth. Over the past 10 years, the suburb has achieved a Compound Annual Growth Rate (CAGR) of 5.8%. Looking further back, the 20-year CAGR stands at 5.9%, and the full-period CAGR, encompassing all 36 years of data, is 6.0%. These figures suggest a relatively stable long-term growth trajectory for Milperra's property market.

The property mix in Milperra includes a significant proportion of houses, with apartments representing 12.4% of the market based on strata titles. This composition influences the overall market dynamics and price trends within the suburb.

All data on this page is sourced from NSW government property sale records. Market analysis, cycle positions, growth rates, and all other metrics are provided for informational purposes only and do not constitute financial, investment, legal, or property advice. Always seek independent professional advice before making any property or financial decisions.

This information is based on historical sales data and does not constitute financial, investment, or property advice. Past performance is not indicative of future results. Always consult a qualified professional before making property decisions.

Frequently Asked Questions about Milperra, NSW

What is the median property price in Milperra?
The median property price in Milperra is currently $1,405,000 across all property types. This breaks down to $1,495,000 for houses and $1,033,750 for apartments, offering a range of options for potential buyers.
Is Milperra overvalued or undervalued?
According to our analysis, the Milperra property market is currently positioned near its long-term trend. This indicates that the suburb is at fair value, reflecting a balanced market based on historical data.
How has the Milperra property market performed over 10 years?
Over the past 10 years, the Milperra property market has demonstrated solid growth, achieving a Compound Annual Growth Rate (CAGR) of 5.8%. This suggests a consistent trend of value appreciation in the suburb.
What percentage of Milperra is apartments vs houses?
Apartments, as indicated by strata titles, represent 12.4% of the property market in Milperra. This means that the majority of properties in the suburb are houses, contributing to its suburban character.
Where is Milperra in the property cycle?
Milperra is currently positioned near its long-term trend in the property cycle. This indicates that the market is at fair value, reflecting a balanced state based on historical performance.
What schools are near Milperra?
Milperra is conveniently located near several schools, including Milperra Public School and Mount St Joseph Milperra. These schools cater to families with children living in the suburb and surrounding areas.
What is Milperra like to live in?
Milperra offers a blend of suburban living with access to parks, schools, and local shops. The suburb has a community-oriented feel, making it an appealing place to live for families and individuals alike.
Is Milperra good for families?
Milperra can be a good option for families, with its schools, parks, and mix of housing types. The suburb provides a balanced lifestyle with access to amenities and recreational spaces.
How far is Milperra from Sydney CBD?
Milperra is located approximately 27km southwest of the Sydney CBD. It can be accessed by car via the M5 Motorway or by public transport options like trains and buses.
What transport options are in Milperra?
Milperra is serviced by bus routes connecting it to surrounding suburbs. The nearest train station is Revesby Station on the T8 Airport & South Line. Major roads like Milperra Road and the M5 Motorway also provide convenient access to other parts of Sydney.
How does Milperra compare to nearby suburbs?
Compared to some neighbouring areas, Milperra offers a mix of affordability and established community. While specific comparisons require detailed analysis, Milperra's median prices and growth rates provide a benchmark for understanding its relative market position.
Is Milperra a good first home buyer suburb?
Milperra may appeal to first home buyers due to its relatively more affordable property options compared to some other Sydney suburbs. The presence of apartments and houses in varying price ranges provides opportunities for entry into the property market.
What are the best streets in Milperra?
While 'best' is subjective, streets such as SOMME CRES, PRESCOT PDE, and EYNHAM RD are among the streets with the highest median property prices in Milperra. These streets may offer desirable locations or property characteristics contributing to their value.
How many properties have been sold in Milperra?
Over the period of our data collection, a total of 2,877 properties have been sold in Milperra. This reflects a significant level of market activity and provides a solid base for our analysis.
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