As of April 2026, Milton's median house price reached approximately $2.32M, recording a solid 49.7% gain compared to this same month last year and a remarkable 179.5% surge over the past decade. This strong performance reflects a considerable outperformance against broader market trends. The unit market continued its upward trajectory, with the median unit price at approximately $800K. This represents a robust 25.8% rise from this same month last year, coinciding with a 38.2% increase over the last ten years, demonstrating consistent demand across both property types.
Milton's median weekly rental rate for houses currently sits at approximately $880, reflecting a 4.3% decline over the past year. However, looking back a decade, house rentals have recorded a substantial 57.1% growth. Unit rentals in the area present a contrasting picture, with their median weekly rate reaching approximately $720. This represents a solid 10.8% increase compared to this same month last year and an impressive 75.6% rise over the last ten years, demonstrating stronger growth than some capital city trends. These figures are approximations based on 12-month rolling data.
Milton's property market, as of February 2026, reflects a dynamic spread in sales counts over the preceding 12 months. The housing sector maintains its premium position, with the majority of transactions, 19 sales, occurring between $1.0M and $3.0M, notably 9 sales in the $2.0M-$3.0M bracket. The unit market demonstrates robust activity, outperforming broader capital city trends in volume, with a significant concentration of 85 sales between $750K and $1.0M, and 65 sales in the $500K-$750K range. A solid 23 unit sales were also recorded between $1.0M and $1.5M, confirming demand across various price points within the locale.
New listings in April 2026 in Milton, QLD recorded a significant 40% monthly decline, reaching 6 properties. This sharp decrease represents a 50% fall compared to April 2025 and a 33% reduction from April 2024, reinforcing limited vendor activity in the suburb. The current low volume of new properties reflects persistent supply constraints. This local trend aligns with broader market shifts, coinciding with economic uncertainties, and represents a notable pullback in new stock entering the market.
Average Milton Prices May 2026 1 bed apartment $603,000 up 19.6% yoy (Low $710,000 High $720,000)
2 bed apartment $862,500 up 19.1% yoy (Low $785,500 High $885,000)
3 bed apartment $1,485,000 up 67.8% yoy (Low $2,445,000 High $2,475,000)
House $1,960,000 up 23.5% yoy
(Source REA)