Millbank at a glance
2,614
People
$620,000
Median sale
$560/wk
Median rent
4.70%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
$600,000
Last sold
6 May 2025
3
Bedrooms
2
Bathrooms
1
Car spaces
787 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$600,000
6 May 2025 · derived via latest_sale
Local land rate: recorded House sales in Millbank (last 5 years) with land size have a median of $581/m² of land (n=94). Districts calculation from recorded sales — not a valuation.
Millbank at a glance
2,614
People
$620,000
Median sale
$560/wk
Median rent
4.70%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
Vs Millbank
-3.2%
Median sale
Suburb $620,000
+0.15 pp
Gross yield
Suburb 4.70%
Suburb median $620,000 from 27 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data unavailable for this jurisdiction (no_adapter:QLD)
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
For more information on this property, visit Queensland Globe.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
QLDZoning is not available (no_adapter). A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (no_adapter). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $560/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownZoning is not available (no_adapter).
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (no_adapter). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownNo DA adapter returned applications for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Millbank at a glance
2,614
People
$620,000
Median sale
$560/wk
Median rent
4.70%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Synergy Property Specialists BundabergOn offer here is a well elevated home, perched high and dry out of harm's way that is presented to please, ready for a new owner to move in and relax.
This well-presented low-set brick home offers both comfort and functionality. The home features a welcoming undercover front porch, providing a relaxing space to enjoy your morning tea. Upon entering, you will find open living areas with timber-look plank flooring throughout, while the bedrooms are fitted with plush carpet for added warmth.
The home includes three spacious bedrooms, each equipped with built-in robes and ceiling fans. The master bedroom is complemented by a lovely new ensuite bathroom featuring elegant floor-to-ceiling tiling.
The main bathroom is both practical and stylish, featuring a shower over the bath for young kids or to kick back and relax. A third toilet, conveniently located off the laundry, provides easy access from the backyard, ensuring convenience for all.
The expansive kitchen is equipped with shaker-style cabinetry, an island bench, and ample space for larger fridges, making it perfect for everyday living and entertaining.
A highlight of the home is the huge alfresco area. Entertain in style with a spacious undercover entertaining area that has been semi-enclosed, providing the perfect setting for gatherings or quiet evenings outdoors, all year round.
The property offers side access through to an additional carport plus a 6m x 4.5m shed for those seeking extra storage or workshop space.
Benefit from the 6kW solar system already installed to reduce your electricity bills and cost of living.
Don't miss out, contact Tim McCollum on 0427 523 088 or Tara Bedford on 0499 656 985 today to arrange an inspection!
AT A GLANCE
• Bedrooms: 3
• Bathrooms: 2 - new ensuite to master bedroom
• Main bathroom has shower over bath
• Toilets: 3
• Living areas: 1
• Outdoor entertaining areas: 1 huge undercover alfresco, semi-enclosed, overlooking the back yard
• Car accommodation: Single attached garage plus access to a single carport and a single bay shed in the back yard.
• Shed: 6m x 4.5m
• Solar: yes - 6kw
LAND
• Size: 787m2
• Town water: Yes
• Town sewerage: Yes
• Back yard is fully fenced with side access
• Council rates: $1802.23 per half year approx.
Agent: Tim McCollum
Mobile: 0427 523 088
The information provided is for use as an estimate only and potential purchasers should make their own inquiries to satisfy themselves of any matters.
Listing description written by Tim McCollum, Synergy Property Specialists Bundaberg — reproduced as published, not verified by Districts.