Milton's median house price, as of September 2026, is approximately $1.54M. This reflects a 24.9% decline from this same month last year, although over the last decade, the median price has recorded a solid 59.6% gain, or roughly $575K. The unit market, conversely, maintains its upward trajectory with a median price of approximately $810K, representing a significant 20.9% increase year-on-year and a robust 78% growth over the past ten years, a gain of around $355K. This strong unit performance has occurred alongside shifts in capital city trends.
As of September 2026, Milton's median weekly rental rate for houses currently stands at an approximate $900. This reflects a 5.3% decline from this same month last year, although it has maintained a substantial 63.6% increase over the past decade. For units, the median weekly rental rate is approximately $710, demonstrating a solid 7.6% gain year-on-year, and an impressive 57.8% growth since September 2016. The resilience of unit rents in Milton, particularly the solid annual growth, outperforms broader market
trends, coinciding with sustained demand in this premium inner-city location.
Milton's property market as of July 2026 exhibits a distinct distribution across price points, reflecting varied segments. Unit sales recorded a robust presence, particularly within the $500K to $750K bracket (47 sales) and the $750K to $1M range (84 sales), underscoring a strong mid-tier and accessible entry point. Higher-value units, including 28 sales at $1M to $1.5M and 17 sales at $1.5M to $2M, maintain their premium position, alongside a single luxury unit sale exceeding $5M. In contrast, house sales were concentrated in the higher echelons, with 9 sales between $2M and $3M, and 4 sales each in the $1M to $1.5M and $1.5M to $2M categories, demonstrating the suburb's premium housing market strength.
New listings in September 2026 recorded a modest 8.3% monthly gain from August, reaching 13 properties in Milton, QLD. This monthly uptick contrasts with a significant 35% annual decline compared to September 2025, yet represents a solid 44.4% increase over September 2024 figures. The pronounced annual contraction reflects persistent supply constraints and a more conservative vendor activity, a trend observed across broader regional markets. Despite the recent monthly growth, the overall supply environment remains tighter than the previous year, reinforcing limited vendor engagement.
Average Milton Prices October 2026
1 bed apartment $680,000 up 26.5% yoy (No October sales)
2 bed apartment $900,000 up 12.5% yoy (Low $765,000 High $1,000,000)
3 bed apartment $1,875,000 up 44.2% yoy (Low $1,150,000 High $1,500,000)
House $1,350,000 down 32.5% yoy
Source: Ray White Now, REA