Millicent at a glance
5,268
People
$449,500
Median sale
$315/wk
Median rent
3.64%
Suburb gross yield
Median sale from 38 recorded sales (last 12 months) — a Districts calculation.
SA › Millicent › History Ave
$245,000
Last sold
9 June 2021
3
Bedrooms
1
Bathrooms
4
Car spaces
743 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
$245,000
9 June 2021 · derived via latest_sale
Local land rate: recorded House sales in Millicent (last 5 years) with land size have a median of $353/m² of land (n=74). Districts calculation from recorded sales — not a valuation.
Millicent at a glance
5,268
People
$449,500
Median sale
$315/wk
Median rent
3.64%
Suburb gross yield
Median sale from 38 recorded sales (last 12 months) — a Districts calculation.
Vs Millicent
-45.5%
Median sale
Suburb $449,500
+3.05 pp
Gross yield
Suburb 3.64%
Suburb median $449,500 from 38 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
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.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
SAPlanning layers have not been retrieved for this property yet. 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 (pending). 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 $315/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
UnknownPlanning layers have not been retrieved for this property yet.
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 (pending). 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
UnknownDevelopment applications have not been queried 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
Millicent at a glance
5,268
People
$449,500
Median sale
$315/wk
Median rent
3.64%
Suburb gross yield
Median sale from 38 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by South East Property Sales and ManagementThis is a very well-presented solid mount gambier stone home with a tile roof and brick façade with feature shutters and it sits on a block of 743m2.
This low maintenance home is beautifully presented for sale and would be ideal for the first home buyer, young family, or downsizer. It is in a great location, over looking parklands and just a short walk from the main street and towns amenities, close to schools and kindy your car will be doing less kilometres and you will be enjoying the fresh air and sunshine. The heart of the home is an open plan kitchen, dining, living room, a well appointed kitchen has all new appliances including cooktop, oven and dishwasher and new timber benchtops add warmth and character, a new breakfast nook will keep the coffee lovers satisfied as well. Full of natural light and with a new slow combustion wood fire and reverse cycle air conditioner many happy memories will be made here. Additional living spaces are a formal front lounge at the front of the home it is carpeted and has views across the park and a rear family room with lovely big windows that capture the morning sun. There are three carpeted bedrooms two large with fantastic built-in robes and one smaller. The bathroom has had a facelift and has a separate shower, bath and a vanity, the toilet is separate and there is a tiled laundry. The home has also had all new blinds installed . French doors from the family room lead to the rear pergola with new composite paving, this space is great for entertaining family and friends.
Out side a long , paved driveway runs along the side of the home, it has a double carport attached to the home and leads to a rear 12x4m2 iron shed with power, cement floor and roller door. The fully enclosed rear yard has a 5000 gallon rain water tank that can be connected to the home, a new water softner and various fruit trees. The garden has been planted out with hedging to provide privacy while also providing a lovely setting.
This is an easy living home for the family, downsizer or investor.
Don't miss out and book your inspection today.
Listing description written by Melissa Walker, South East Property Sales and Management — reproduced as published, not verified by Districts.