Millfield NSW 2325
Millfield is in Cessnock LGA, NSW, postcode 2325, with population 1,282.
Strong evidence
Millfield has enough direct local evidence for a first-pass decision.
Direct signals include Property prices, Market rent, Crime, and Schools. Missing or weaker areas are still shown so the page does not overstate precision.
Millfield has usable rent context. Postcode-derived rent for 2325. Multiple suburbs can share this rental market signal.
Open matching rent ranking →622 latest-year approvals in Cessnock, +0.0% YoY; population +2.9% YoY (2.7% 5yr).
Open development signals →Save suburbs here while you browse. Once the shortlist has two or more names, hand it straight into compare.
No saved AU suburbs yet.
No saved suburbs yet. Start with one ranking or suburb page, then compare once you have two candidates.
Open rankings to save the first candidates.
QuickProperty mixes release files, Census baselines, and matched local services on this page. Read the status panel before treating every metric as equally fresh.
Manual release files parsed into suburb prices
Use current rent as a starting signal, not as a fixed underwriting truth.
Schools, transport, and hospitals are useful as presence signals, but they still have different source cadences.
Rent context available
Millfield has usable rent context. Snapshot rent $520/wk.
Postcode-derived rent for 2325. Multiple suburbs can share this rental market signal.
Millfield has enough direct local evidence for a first-pass decision.
Direct signals include Property prices, Market rent, Crime, and Schools. Missing or weaker areas are still shown so the page does not overstate precision.
Use compare to test the suburb against another candidate, then validate financial assumptions in the calculator where available.
Property prices, Market rent, Crime, Schools
No fallback or lower-precision signals flagged.
Hospitals
Millfield currently reads as a growth-momentum candidate.
Population movement supports a growth-led read. Transport coverage adds a practical access signal. Gross yield looks low for an income-first use case.
Compare it against a contrasting suburb before turning it into a decision.
Population movement supports a growth-led read. Transport coverage adds a practical access signal.
Gross yield looks low for an income-first use case.
No decisive evidence gap was detected from the current inputs.
Compare-ready
- Buyers want a quick sense of price, schools, and neighbourhood scale before getting lost in data.
- Investors want to know whether rent, yield, and affordability broadly support the suburb story.
- Researchers want one place that ties property, demographics, transport, and services together.
Price history
Full data detail
Millfield NSW
Millfield is a small community in New South Wales within the Cessnock local government area (postcode 2325). With a population of 1,282, the suburb has an established demographic with a median age of 38. Households earn a median income of $87K per year, with an average household size of 2.8 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +2.9% year-on-year at the LGA level. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are technicians & trades, community & personal service, managers. Employment in the area leans toward healthcare and accommodation & food. The top ancestries reported are Australian, English, Irish.
The median house price in Millfield is $867,000, having dipped slightly 0.9% over the past year. The current median weekly rent is $520. This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $1,794.
Millfield is served by 1 school, including 1 primary. The average ICSEA score is 932, which is below the national average of 1,000. Public transport access includes 13 bus stops. The crime rate in the Cessnock LGA is moderate at 4,890 incidents per 100,000 population.
From an investment perspective, Millfield offers a gross rental yield of 3.1%, rated as moderate yield. Property prices sit below the state median ($867K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.0x is considered moderate. House prices have moved -0.9% year-on-year. Population growth of +2.9% year-on-year indicates strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.
Millfield is a small community in New South Wales within the Cessnock local government area (postcode 2325). With a population of 1,282, the suburb has an established demographic with a median age of 38. Households earn a median income of $87K per year, with an average household size of 2.8 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +2.9% year-on-year at the LGA level. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are technicians & trades, community & personal service, managers. Employment in the area leans toward healthcare and accommodation & food. The top ancestries reported are Australian, English, Irish.
The median house price in Millfield is $867,000, having dipped slightly 0.9% over the past year. The current median weekly rent is $520. This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $1,794.
Millfield is served by 1 school, including 1 primary. The average ICSEA score is 932, which is below the national average of 1,000. Public transport access includes 13 bus stops. The crime rate in the Cessnock LGA is moderate at 4,890 incidents per 100,000 population.
From an investment perspective, Millfield offers a gross rental yield of 3.1%, rated as moderate yield. Property prices sit below the state median ($867K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 10.0x is considered moderate. House prices have moved -0.9% year-on-year. Population growth of +2.9% year-on-year indicates strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.
Millfield FAQ
Common questions-
What LGA is Millfield in?
Millfield is in the Cessnock Local Government Area, NSW, postcode 2325. Council-level context for Cessnock LGA (suburb mix, population, rent, and price coverage) is available on the QuickProperty LGA page.
-
What is the median house price in Millfield?
The current median house price in Millfield, NSW is $867K, based on the latest available sales data from state Valuers General offices and ABS Data by Region.
-
What is the typical weekly rent in Millfield?
The median weekly rent in Millfield is $520/wk, based on the current market rent dataset. The current rent signal is rent context available.
-
What does the rent signal say about Millfield?
Rent context available: Millfield has usable rent context. Use this as a suburb screening signal before comparing candidates or modelling a purchase; the matching rent ranking can provide broader market context.
-
Is Millfield a good investment?
QuickProperty's investment signals for Millfield show: Moderate Yield, Below Median, Moderate. These are computed from price, rent, income, and population data — not an opaque score.
-
Where does QuickProperty get its data for Millfield?
Property prices come from state Valuers General offices and ABS Data by Region. Demographics are from ABS Census 2021. School ICSEA scores are from ACARA. Crime statistics are from state police agencies. Transport data is sourced from GTFS feeds.
-
How often is the Millfield data updated?
Property prices update quarterly. RBA macro indicators update with each deploy. Demographics are from Census 2021. School ICSEA scores are from ACARA 2025.