Millswood (SA 5034): property prices & suburb profile

Unley LGA · Latest published data January 2026 · Page updated August 2026 · Public government records

Millswood · SA 5034 · typical house price · 12 months to 2026-Q1
$1,969,000+111.0%
vs 10 years ago (rolling year)
Sales-weighted average of the 4 quarterly medians to 2026-Q1 (30 sales) published by Land Services SA. A single quarter in one suburb can turn on a handful of sales, so this page reports a rolling year.
Typical house price
$1,969,000
30 sales over 4 quarters
Sales in the last year
30
houses
SEIFA advantage decile
10 of 10
Millswood

Millswood property prices

The typical Millswood house sold for around $1,969,000 in the year to 2026-Q1, +111.0% over 10 years and +48.3% over 5 years.

Property type
1Y
3Y
5Y
10Y
Houses
-9.1%
+16.4%
+48.3%
+111.0%

Change in rolling 12-month medians to 2026-Q1 published by Land Services SA

Houses (quarterly median)
700k1.24M1.78M2.31M2.85M20172019202120232025
View as table
PeriodHouses (quarterly median)
Apr 2014$910,000
July 2014$640,000
Oct 2014$850,000
2015$855,000
July 2015$925,000
Oct 2015$1,005,000
2016$982,500
Apr 2016$1,205,000
July 2016$1,100,000
2017$1,086,500
Oct 2017$840,000
2018$1,268,000
Apr 2018$1,500,000
Oct 2018$1,103,500
2019$890,000
Apr 2019$830,000
July 2019$760,500
Oct 2019$737,000
2020$995,000
Apr 2020$1,075,000
July 2020$1,662,500
Oct 2020$1,460,000
2021$1,120,000
Apr 2021$1,339,000
Oct 2021$1,433,000
2022$1,775,000
July 2022$1,835,000
Oct 2022$1,750,000
2023$1,371,000
Apr 2023$1,660,000
July 2023$1,187,500
Oct 2023$1,866,500
2024$2,715,000
July 2024$1,923,000
2025$2,100,000
Apr 2025$1,930,000
July 2025$1,850,500
Oct 2025$2,150,000
2026$1,940,000
  • Medians are published by Land Services SA per suburb; we do not have individual sale records for this state, so there is no street-level breakdown on this page (our New South Wales pages have one).
  • The headline figure is a sales-weighted average of the last four quarterly medians, not a median of individual sales, because one quiet quarter in a single suburb can move a quarterly median by more than the market did. The chart below plots each quarter as published.
  • Change over time reflects what sold in each period, not the value of any one home: a run of large or small homes moves it.
  • Periods with fewer than 5 recorded sales are excluded.

Millswood medians by quarter

The most recent quarter on record for Millswood is 2026-Q1.

Millswood medians by quarter
2026-Q1House$1.94M6
2025-Q4House$2.15M8
2025-Q3House$1.85M8
2025-Q2House$1.93M8
2025-Q1House$2.10M5
2024-Q3House$1.92M6
2024-Q1House$2.71M6
2023-Q4House$1.87M5
2023-Q3House$1.19M5
2023-Q2House$1.66M5
2023-Q1House$1.37M6
2022-Q4House$1.75M5
  • Sale counts are shown so you can judge how solid each median is.

Who lives in Millswood

Millswood has a median age of 45 and a median household income of $2,836 a week.

Population (Millswood)
2,173
Median age (Millswood)
45 years
Median household income (Millswood)
$2,836/wk
People per square kilometre
2,126
Average taxable income (postcode, 2023)
$99,250
SEIFA advantage decile (Millswood)
10 of 10
Addresses in the suburb (G-NAF)
921
Rooftop solar installs, 12 months (postcode)
174
How Millswood homes are held
Owned outright
50.7% · 399
Owned with a mortgage
34.3% · 270
Rented
13.9% · 109
Millswood homes by bedroom count
1 bedroom or studio
2.2% · 17
2 bedrooms
14.5% · 113
3 bedrooms
45.7% · 357
4 bedrooms
30.4% · 238
5 or more
7.3% · 57
ABS SEIFA 2021 deciles · 10 of 10 = most advantaged nationally
Advantage and disadvantage (IRSAD)from income, education, occupation and housing
10 of 10
Relative disadvantage (IRSD)from low income, low education and unskilled occupations
10 of 10
Economic resources (IER)from household income, wealth and housing costs
9 of 10
Education and occupation (IEO)from qualifications and skilled work
10 of 10
  • Figures labelled Millswood are for the suburb boundary itself (ABS 2021 Census). Anything labelled SA2 or postcode covers a wider area: SA2 "Goodwood - Millswood" and postcode 5034 both extend beyond Millswood.
  • SEIFA decile 1 is the lowest tenth of Australian areas on that index and 10 the highest. The four indices measure different things and often disagree, which is why all four are shown: a suburb can rank high on education and occupation while ranking mid on economic resources.

Suburbs near Millswood

Millswood's typical house price of $1,969,000 is the 5th highest of the 15 Adelaide Central & Inner suburbs we cover.

All Adelaide Central & Inner suburb research

Millswood: common questions

How much does a house cost in Millswood?
About $1,969,000 across the 12 months to 2026-Q1, from 30 recorded sales. That is a sales-weighted average of the four quarterly medians published by Land Services SA: a single quarter in one suburb can swing on a handful of sales.
Have Millswood prices gone up?
Prices have risen 111.0% over 10 years and moved +48.3% over 5 years, comparing the latest rolling year with the same window a decade earlier. These movements reflect the mix of homes sold, not the change in value of a specific property.
Can I see Millswood prices street by street?
Not yet. SA publishes suburb-level medians rather than individual sale records, so street-level medians are only available on our New South Wales pages.
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Data sources

This page summarises public government datasets for general information. It is not financial, legal or property advice, figures can contain source errors, and postcode or SA2 statistics cover a wider area than the suburb itself. Flood and bushfire overlays are not yet loaded for SA pages, so the absence of a risk section is a data gap, not an all-clear: always check the vendor statement and planning certificate. Verify anything material independently before acting on it.