Millgrove has a public reserve, a small shopping area (Mt Little Joe Nursery, a small general store, bakery, newsagent, fish and chips, church drop in centre), saw mill, a primary school, Millwarra PS, which shares campuses with Warburton East and a pre-school.

River Valley has a drop-in centre and emergency relief provision in the shopping strip and manages the Millwarra Community Building located at the school.

Millgrove hosts a moving ANZAC Dawn service that attracts in excess of 500 people with breakfast provided by the Wesburn-Millgrove Fire Brigade.

Often neglected by tourists (in favour of the larger, more affluent and tourist-oriented town of Warburton), it offers cycling, canoeing and bushwalking opportunities.

Together with Warburton, Millgrove has an Australian Rules football team (Warburton Millgrove) competing in the Yarra Valley Mountain District Football League and a junior soccer club and soccer ground next to the pre school.