Millbank vs Oakwood

Millbank is the younger of the two, with a median age of 47 against 60 in Oakwood. In both, most households own their home and most homes are detached houses. In Millbank, about half of households are people living alone. In Oakwood, most households are people living alone. On these figures, Oakwood tends to suit people living alone and older residents.

Which one suits you?

There is no overall winner — the suburb that suits a family with school-age kids is routinely the wrong one for someone commuting into the city. So each of these answers its own question, against a checklist you can see, using the same figures in the tables below.

Families with school-age kids

Millbank

ahead on 2 of the 6 things we measure here

  • is already more of a family suburb (48% vs 32%)
  • has more separate houses rather than flats (76% vs 61%)
  • But Oakwood carries lower crime risk (38/100 vs 73/100)

Weighs schools, house stock, crime, parks, childcare, and who already lives there.

First-home buyers

Millbank

ahead on the one thing that separates them

  • leaves households under less mortgage stress (28% vs 36%)

Weighs mortgage stress.

Renters

They split

one each way, out of the 3 things we measure here

  • Millbank has a bigger rental market to choose from (38% vs 14%)
  • Oakwood has cheaper rent ($215/wk vs $270/wk)

Weighs rent, rental stress, and how much is for rent.

Commuting to the city

Millbank

ahead on 3 of the 3 things we measure here

  • is more walkable (44/100 vs 27/100)
  • sits closer to the CBD (358.6 km vs 366.4 km)
  • has a shorter drive in (252 min vs 257 min)

Weighs distance, drive time, and walkability.

Downsizers and retirees

Oakwood

ahead on 3 of the 5 things we measure here

  • carries lower crime risk (38/100 vs 73/100)
  • has more units and townhouses to downsize into (39% vs 24%)
  • has more residents already 65 and over (42% vs 33%)
  • But Millbank is more walkable (44/100 vs 27/100)

Weighs smaller dwellings, who already lives there, GPs, walkability, and crime.

Investors

Oakwood

ahead on the one thing that separates them

  • is growing faster (10.0% vs -0.5%)

Weighs population growth.

Where they sit

Millbank and Oakwood drawn to the same scale. Both outlines are shown together, so the map answers whether they share a border and how their areas compare.

Millbank Oakwood
Hides rows where both suburbs match

Bars start at zero. Scores, risks and rankings are drawn against their full 0–100 range; other rows are drawn in proportion to the larger of the two.

Side by side, out of 100

Risks are inverted — shown as safety and low exposure — so a longer bar always means better.

Millbank Oakwood
Walkability 44 / 27
Millbank — Walkability: 44/100 Oakwood — Walkability: 27/100
Safety 27 / 62
Millbank — Safety: 27/100 Oakwood — Safety: 62/100
Low fire risk 100 / 100
Millbank — Low fire risk: 100/100 Oakwood — Low fire risk: 100/100

Demographics

Millbank has more residents (2,499 vs 364); Millbank has higher household incomes ($51,844 vs $40,560).

Millbank Oakwood
Population 2,499
+85% vs other
 364
Population trend (2016 → 2021) -0.5% +10.0%
Median age 47 60
Median household income $51,844/yr
+22% vs other
 $40,560/yr
Median weekly rent $270/wk
+20% vs other
 $215/wk

Age profile

Share of residents in each band, 2021 Census.

Millbank Oakwood
0-4 4.8% / 2.2%
Millbank — 0-4: 4.8% Oakwood — 0-4: 2.2%
5-14 10.6% / 8.8%
Millbank — 5-14: 10.6% Oakwood — 5-14: 8.8%
15-19 5.0% / 3.0%
Millbank — 15-19: 5.0% Oakwood — 15-19: 3.0%
20-24 5.6% / 0.8%
Millbank — 20-24: 5.6% Oakwood — 20-24: 0.8%
25-34 11.4% / 6.3%
Millbank — 25-34: 11.4% Oakwood — 25-34: 6.3%
35-44 9.8% / 8.5%
Millbank — 35-44: 9.8% Oakwood — 35-44: 8.5%
45-54 9.3% / 11.5%
Millbank — 45-54: 9.3% Oakwood — 45-54: 11.5%
55-64 10.6% / 17.0%
Millbank — 55-64: 10.6% Oakwood — 55-64: 17.0%
65-74 15.6% / 23.9%
Millbank — 65-74: 15.6% Oakwood — 65-74: 23.9%
75-84 10.9% / 14.6%
Millbank — 75-84: 10.9% Oakwood — 75-84: 14.6%
85+ 6.4% / 3.0%
Millbank — 85+: 6.4% Oakwood — 85+: 3.0%

Bars are drawn against the largest share shown (23.9%).

Who lives together

Household composition, 2021 Census.

Millbank 45.1% lone person
Millbank — Lone Person: 45.1% Millbank — Couple Families: 26.1% Millbank — One Parent Families: 21.8% Millbank — Group Household: 5.2% Millbank — Other Families: 1.8%
Oakwood 61.3% lone person
Oakwood — Lone Person: 61.3% Oakwood — Couple Families: 19.8% Oakwood — One Parent Families: 11.7% Oakwood — Group Household: 2.7% Oakwood — Other Families: 4.5%
Lone Person Couple Families One Parent Families Group Household Other Families

Who owns and who rents

Occupied private dwellings by tenure, 2021 Census.

Millbank 37.8% renting
Millbank — Owned Outright: 38.2% Millbank — Mortgage: 24.0% Millbank — Renting: 37.8%
Oakwood 14.4% renting
Oakwood — Owned Outright: 69.5% Oakwood — Mortgage: 16.2% Oakwood — Renting: 14.4%
Owned outright Mortgage Renting

Qualifications

Highest non-school qualification, residents 15+, 2021 Census.

Millbank Oakwood
Certificate III & IV 17.2% / 18.7%
Millbank — Certificate III & IV: 17.2% Oakwood — Certificate III & IV: 18.7%
Bachelor Degree 7.0% / 4.9%
Millbank — Bachelor Degree: 7.0% Oakwood — Bachelor Degree: 4.9%
Advanced Diploma / Diploma 4.8% / 4.7%
Millbank — Advanced Diploma / Diploma: 4.8% Oakwood — Advanced Diploma / Diploma: 4.7%
Postgraduate Degree 1.9% / 2.2%
Millbank — Postgraduate Degree: 1.9% Oakwood — Postgraduate Degree: 2.2%
Graduate Diploma / Certificate 1.0% / 1.9%
Millbank — Graduate Diploma / Certificate: 1.0% Oakwood — Graduate Diploma / Certificate: 1.9%

Bars are drawn against the largest share shown (18.7%).

Where residents were born

Largest overseas birthplaces, as a share of all residents, 2021 Census. A dash means that country is not among the suburb's own eight largest.

Millbank Oakwood
England 2.2% / 3.0%
Millbank — England: 2.2% Oakwood — England: 3.0%
New Zealand 1.6% / 1.9%
Millbank — New Zealand: 1.6% Oakwood — New Zealand: 1.9%
Germany 0.4% / 1.4%
Millbank — Germany: 0.4% Oakwood — Germany: 1.4%
India 1.2% / —
Millbank — India: 1.2% Oakwood — India: not among its largest
Thailand — / 1.1%
Millbank — Thailand: not among its largest Oakwood — Thailand: 1.1%
Philippines 0.8% / —
Millbank — Philippines: 0.8% Oakwood — Philippines: not among its largest
South Africa 0.5% / —
Millbank — South Africa: 0.5% Oakwood — South Africa: not among its largest

Bars are drawn against the largest share shown (3.0%).

What people live in

Occupied private dwellings by structure, 2021 Census.

Millbank 75.8% houses
Millbank — Houses: 75.8% Millbank — Flats / Apartments: 10.5% Millbank — Townhouses: 13.7%
Oakwood 61.2% houses
Oakwood — Houses: 61.2% Oakwood — Flats / Apartments: 38.8% Oakwood — Townhouses: 0.0%
Houses Flats / Apartments Townhouses

Property market

Millbank Oakwood
Median house price $625,000 —
Median unit price $635,000 —
Median land price —
same for both
Typical days to sell (houses) 40 days
from 12 sales
 —

Development activity

Millbank Oakwood
New dwellings approved 997
across Bundaberg
same for both
Approvals change year on year -45%
same for both

Gross rental yield

Gross — before strata, rates, management, insurance and vacancy. From median advertised rents and median asking prices over the last 6 months. How we calculate.

Millbank Oakwood
Houses 4.5%
$595/wk on $684K
 —
Units 4.4%
$400/wk on $475K
 —

Ranking within QLD

Millbank Oakwood
House price —
same for both
Income Higher than 15% of QLD Higher than 4% of QLD
Schools —
same for both
Walkability Higher than 85% of QLD Higher than 81% of QLD
Affordability —
same for both
EV adoption Higher than 48% of QLD
same for both
NBN connectivity Higher than 78% of QLD Higher than 48% of QLD
Rental yield (houses) Higher than 78% of QLD —
Rental yield (units) Higher than 47% of QLD —

Liveability

Millbank is more walkable (44 vs 27).

Millbank Oakwood
Grade C —
Score 35/100 —
Socio-economic band high-need area
decile 1/10
same for both

Risk profile

Millbank carries more crime risk (73 vs 38).

Millbank Oakwood
Bushfire None
0/100
same for both
Crime High
73/100
 Low
38/100
Flood Not mapped
no mapped data here
same for both
Coastal erosion None
0/100
same for both
Aircraft noise None
0/100
same for both
Industrial facilities nearby 4
within 5 km
 3
within 5 km

Schools

Millbank Oakwood
Inside the suburb 0 1
Rated above peers 0
same for both
Rated at peers 0 1
Rated below peers 0
same for both

Schools in Millbank

No schools recorded inside this suburb's boundary. Children here will be zoned to schools nearby.

Schools in Oakwood

  • Oakwood State School Government · Primary at peers

Amenities in the suburb

Millbank Oakwood
Cafes & restaurants 2 0
Parks & reserves 1 0
Childcare 0 1
Hospitals 1 0
Fuel stations 1 0
Waterways 7 2

Mobility

Oakwood sits further from the CBD (366.4 km vs 358.6 km).

Millbank Oakwood
Walkability score 44/100 27/100
Distance to Brisbane 358.6 km 366.4 km
+2% vs other
Drive time (normal traffic) 252 min 257 min
Electric vehicle share 0.3%
postcode 4670
same for both
Rooftop solar per 100 dwellings 69
postcode 4670
same for both

How people get to work

Method of travel on census day 2021 — which fell during COVID restrictions, so working from home is inflated and every travel mode understated.

Millbank Oakwood
Car (driver) 87.1% / 85.8%
Millbank — Car (driver): 87.1% Oakwood — Car (driver): 85.8%
Car (passenger) 6.4% / 5.7%
Millbank — Car (passenger): 6.4% Oakwood — Car (passenger): 5.7%
Worked from Home 2.4% / 5.7%
Millbank — Worked from Home: 2.4% Oakwood — Worked from Home: 5.7%
Walked Only 2.7% / 2.8%
Millbank — Walked Only: 2.7% Oakwood — Walked Only: 2.8%
Bicycle 1.0% / —
Millbank — Bicycle: 1.0% Oakwood — Bicycle: not among its largest

Bars are drawn against the largest share shown (87.1%).

Setting

Millbank Oakwood
Elevation 16 m
above sea level, at the suburb centre
 23 m
above sea level, at the suburb centre
Distance to the ocean 13.6 km 13.0 km

NBN connectivity

Millbank Oakwood
Connectivity score 68/100 30/100
Most common technology Fibre to the node Fixed wireless
Full-fibre (FTTP) share 35%
1,254 premises
 0%
137 premises

Climate

Millbank Oakwood
Annual rainfall 969 mm
same for both
Summer max (Jan) 30.7°C
same for both
Winter min (Jul) 11.2°C
same for both

Air quality (annual mean)

Millbank Oakwood
PM2.5 —
same for both
PM10 9.1 µg/m³
same for both
NO₂ —
same for both

Council rates

Millbank Oakwood
Average residential rate $1,773/yr
same for both
Council Bundaberg
same for both

Federal electorate

Millbank Oakwood
Division Hinkler Flynn
Member David Batt Colin Boyce
Party Liberal National Party of Queensland
same for both

First Home Owner Grant

Millbank Oakwood
Grant amount $30,000
same for both
Property price cap $750,000
same for both
Eligibility New
same for both

Tags

Millbank

Affordable Retirees

Oakwood

Retirees Rural

More comparisons

Other comparisons with Millbank

Millbank vs Bundaberg North Millbank vs Avoca Millbank vs Svensson Heights Millbank vs Bundaberg West Millbank vs Kensington

Other comparisons with Oakwood

Oakwood vs Bundaberg North Oakwood vs Avoca Oakwood vs Gooburrum Oakwood vs Sharon Oakwood vs Meadowvale
Full data on Millbank Full data on Oakwood
Unlock full address-level data — $29/month

Information shown is provided as-is from Australian government and commercial data sources.
Always verify with the relevant authority before making property decisions.
See Data Sources and How We Calculate for details.

Save this page for later

We'll email you a link to this page so you can finish reading it on any device. We use your address once to send it and don't keep it.

or