Mildura - Buronga property market: the official numbers
Mildura - Buronga, VIC, in official numbers: the people, the rents, the repayments, and the pay cheques behind them. Mildura - Buronga straddles Victoria and NSW. Every figure below is ABS Census 2021 data, linked at the bottom so you can check it yourself.
The straight answer
At the last census, Mildura - Buronga's median rent was $265/wk — 29% below the national median. The typical repayment was $1,300 a month against $1,148 in rent — a middling gap, neither bargain nor squeeze.
The key numbers
The typical repayment ran at about 22% of the median household income. One caveat before you compare: everything here is August 2021. Repayments in particular have jumped since the 2022–24 rate rises. Treat these as a ranking tool, not a price tag.
Renting vs paying a mortgage
At the census, the typical monthly rent worked out to $1,148 against a typical mortgage repayment of $1,300:
What this gap does and doesn't tell you
The mortgage figure reflects loans and rates as at August 2021, before the 2022–24 rate rises — today's repayment on a new loan would be higher. The rent figure is what tenants were actually paying, not today's asking rents. The useful signal is the shape: where rent and repayments sit close together, buying has historically competed well with renting here; where repayments tower over rent, the market prices in growth. Run your own numbers with the mortgage vs invest tool or what can I afford?
The owner–renter split
30.3% of Mildura - Buronga households rent — that's the tenant pool an investor here would actually be renting into, and it's about the national norm.
The age mix
How to read an age profile
A heavy 25–44 band usually means family housing demand (and pressure on 3–4 bedroom stock); a heavy 65+ band signals downsizer and retiree demand (units, single-level living, proximity to health care). Mildura - Buronga's median age of 40 sits above the national median of 38.
What the local economy runs on
health care & social assistance employs 15.5% of Mildura - Buronga's 23,438 workers (Census 2021). Local housing demand rises and falls with it.
What it costs to buy in VIC
We don't republish licensed price feeds, so for today's sale prices check a licensed source. The costs of buying, though, are public and exact:
- Stamp duty in Victoria — exact duty and first-home-buyer concessions.
- What can I afford? — borrowing power, price range and all-in upfront cash.
- The official VIC price trend — ABS state-level values since 2011, interactive.
Common questions
What is the median rent in Mildura - Buronga?
At the 2021 Census the median rent in Mildura - Buronga was $265 a week — 29% below the national median ($375/wk). Rents have moved since 2021; check current listings for today's asking rents.
How many people live in Mildura - Buronga?
53,620 people at the 2021 Census, with a median age of 40 (national median: 38). Mildura - Buronga is one of Victoria's significant urban areas as defined by the ABS.
What do people in Mildura - Buronga do for work?
The biggest employing industry is health care & social assistance, followed by retail trade (ABS Census 2021). The industry mix shapes how resilient local housing demand is.
Where this leaves you
Your call
Neither a cashflow bargain nor a pure scarcity play: rent covered about 88% of the typical repayment at the census. That middle ground tends to suit owner-occupiers better than spreadsheet investors.
Whatever you do, check the things the census can't show: today's asking rents, vacancy and days on market in Mildura - Buronga. Then run your own numbers: what can I afford? for borrowing power and upfront cash, and the Victoria stamp duty calculator for the tax bill.
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General information only — not financial or property advice. All figures are ABS Census 2021 ( official QuickStats for Mildura - Buronga, CC-BY 4.0), which predates the 2022–24 rate rises; conditions have moved since. Last reviewed 10 July 2026.