Bega at a glance
5,120
People
$650,000
Median sale
$533/wk
Median rent
4.26%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
NSW › Bega › Millbank Way
4
Bedrooms
2
Bathrooms
2
Car spaces
703 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Bega (last 5 years) with land size have a median of $748/m² of land (n=29). Districts calculation from recorded sales — not a valuation.
Bega at a glance
5,120
People
$650,000
Median sale
$533/wk
Median rent
4.26%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
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
NSWPlanning 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.” NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Rental
No advertised rent is recorded. Suburb median rent $533/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. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet. 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. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
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
UnknownNSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
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
UnknownNSW Valuer General land values are not loaded for this property yet.
Net yield / holding costs
UnknownNSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Nearby
Area
Bega at a glance
5,120
People
$650,000
Median sale
$533/wk
Median rent
4.26%
Suburb gross yield
Median sale from 16 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Bega Valley RealtyThis exquisite single-level brick home is nestled in a peaceful and private position, offering the perfect balance of quality craftsmanship and exceptional comfort. Set on a generous 703m² residential block, the home is situated in a quiet, well-established area where tasteful landscaping greets you as you arrive, inviting you to explore the beauty and functionality within.
As you step inside, you're welcomed by a wide, spacious entrance hall that sets the tone for the rest of the home. The warm, inviting atmosphere flows effortlessly throughout the property. To the right, a formal dining room provides an elegant space for family gatherings or can easily double as a second lounge room, offering versatility to suit your lifestyle.
The home features four generously sized bedrooms. The master suite offers a walk-through robe and a stylishly appointed ensuite that combines modern luxury with practicality. The three additional bedrooms are thoughtfully positioned down their own private hallway, ensuring peace and privacy for the whole family. They share a spacious main bathroom and a separate toilet, adding convenience and comfort.
At the heart of the home, the large open-plan living and dining area is designed for family living and entertaining. Bathed in natural light, this inviting space seamlessly flows into the outdoor entertaining area, extending the living space and allowing for a wonderful indoor-outdoor lifestyle. The open-style kitchen is a standout feature, with sleek, modern finishes and a generous pantry, offering everything you need whether you're preparing meals for a crowd or enjoying a quiet dinner at home. If it is a retirement home your seeking, then the extra wide hallways and oversized garage will cater easily for a walker or wheelchair if required as will the single level floorplan.
For year-round comfort, the living space is equipped with an inverter air conditioning unit, ensuring a pleasant environment no matter the season. Step outside through the sliding doors to the undercover entertainer's patio, where you can relax in complete privacy while enjoying the lovely garden outlook and distant valley views. The peaceful, tranquil setting is perfect for outdoor living, an additional rainwater tank ensures the gardens remain lush and vibrant. The property's mature landscaping adds to the beauty and serenity of your daily life.
Located just a short walk from the Regional Hospital, CBD, schools, playing fields,cafes, this home offers the best of both worlds.
12 Millbank Way is truly one of Bega's finest quality homes, a property not to be missed!
If you're ready to make this delightful home your own, contact -
Cassandra Ambrose 0458 829 920 to arrange an inspection.
Listing description written by Cassandra Ambrose, Bega Valley Realty — reproduced as published, not verified by Districts.