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Mill ParkProperty Prices & Trends

Verified data · 2026

Median sold prices, five-year appreciation and market dynamics for Mill Park in Gqeberha, Eastern Cape.

Median House (Freehold)
R 2 180 000

A premium of +65.2% versus the Eastern Cape baseline.

Median Apartment (Sectional Title)
R 1 180 000

Sectional title trades at 54% of the local freehold median.

Growth trend engine

Year-over-year %
3.1%2022
3.8%2023
4.4%2024
4.9%2025
4.6%2026
Compounded 5-year appreciation+22.6%

Market dynamics

Avg. Price / m²
R 15 700

Blended freehold & sectional rate

Avg. Days on Market
70 days

Steady absorption

Demand Rating
Moderate

Velocity + growth band

Latest YoY Growth
+4.6%

2026 appreciation

5-Year Cumulative
+22.6%

Compounded 2022 → 2026

Recent Sales (12m)
198

Trailing twelve months

Liquidity Index
54/100

Market absorption speed

vs. Province Median
+65.2%

Premium to regional baseline

Mill Park market snapshot

Over the trailing twelve months, Mill Park recorded approximately 198 residential transactions, with listings spending an average of 70 days on the market. The current demand band is rated Moderate, reflecting both transaction velocity and recent price momentum.

At an average of R 15 700 per square meter, pricing in Mill Park sits above the wider Eastern Cape regional baseline by +65.2%. The suburb posted +4.6% year-over-year growth into 2026, for a compounded five-year appreciation of +22.6%.

Plan your purchase

Buying a home in Mill Park?

A median freehold home here costs R 2 180 000. At today's prime-linked rates that is roughly R 21 262 per month over 20 years. Calculate your exact monthly repayments, SARS transfer duty, bond registration and legal fees instantly.

Calculate at BondCosts.co.zaIncludes transfer duty & conveyancing fees · Free & instant

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