Millfield (2325) median house price & property market
In Millfield (2325), the median house price is $1,065,000. Prices have grown 13.7% a year over the last five years. Below: price history, sales volume, listing age and demographics for Millfield, in the Cessnock LGA — built on NSW Valuer General bulk sales data and SQM Research listings.
Data updated 2026-10-19.
Quarterly medians from NSW Valuer General sales. Latest point is the trailing 12-month median, as in the terminal.
Millfield median house price
- Median house price
- $1,065,000 (24 sales)
- Median all dwellings
- $1,065,000 (24 sales)
Millfield price growth (CAGR)
- 1-year CAGR
- 22.4%
- 3-year CAGR
- 3.7%
- 5-year CAGR
- 13.7%
- 10-year CAGR
- 11.4%
Millfield market activity
- Annual sales (last 12mo)
- 30
- Annual sales (5y avg)
- 28
- Median listing age
- 32 days
Millfield demographics & location
- Population (ABS 2021)
- 1,282
- Population growth 2016-21
- 14.5%
- Median age
- 38
- Median weekly household income
- $1,668
- Median weekly rent
- $320
- Owner-occupier
- 82%
- Rented
- 18%
- Dwelling mix (house / townhouse / unit)
- 100% / 0% / 0%
- SEIFA decile (10 = highest)
- 4
- Distance to Sydney CBD
- 109.3 km
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Other suburbs in Cessnock
Frequently asked
What is the median house price in Millfield?
The median house price in Millfield 2325 is $1,065,000, the median of 24 NSW Valuer General house sales in the 12 months to May 2026.
How much has property grown in Millfield over 5 years?
Compound annual growth (CAGR) for Millfield over the last 5 years is 13.7%.
How many properties sell in Millfield per year?
Around 30 properties sold in Millfield 2325 in the last 12 months.
What is the population of Millfield?
Millfield 2325 has a population of 1,282 (ABS Census 2021).
How long do properties take to sell in Millfield?
The median listing age (a proxy for days on market) in Millfield 2325 is approximately 32 days, from SQM Research listings data.
Methodology
Medians computed from NSW Valuer General bulk sales data using nearest-month estimation with 3-month smoothing and 3× outlier rejection. CAGRs computed from trailing 12-month medians at each anchor point. The trailing 1–3 months of data are filtered when sale counts fall below typical volumes (settlement-lag handling). Listing age is derived from SQM Research bucketed listing-age data using midpoint medians. Demographics: ABS Census 2021. SEIFA: ABS SEIFA 2021. Full methodology →