One Mile is a vibrant suburb with a population of 2,074, primarily consisting of younger residents aged 20 to 39. The housing market has seen impressive growth, with a 21.9% increase over the last year, bringing the median house price to $529,500. Properties sell quickly, with a median time on market of 12 to 20 days. The suburb is a mix of homeowners (55%) and renters (45%), with a higher proportion of single occupants (66%). With 44 houses sold in the past year, One Mile continues to show strong demand and growth potential.
Demographics
Here is a quick overview about who lives locally, as provided by government census data.
Population
2,074
Average Age
20-39
55%
45%
Owner
Renter
34%
66%
Family
Single
Real Estate Performance
Here is a quick overview about recent real estate market performance