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 › Mount Gambier Rd
$450,000
Last sold
21 June 2023
4
Bedrooms
2
Bathrooms
4
Car spaces
570 m²
Land
176 m²
Building
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
$450,000
21 June 2023 · derived via latest_sale
Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.
Local land rate: recorded House sales in Millicent (last 5 years) with land size have a median of $352/m² of land (n=73). 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
+0.1%
Median sale
Suburb $449,500
0.00 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
UnknownArea
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 Elders Real Estate South EastElders Real Estate is thrilled to offer to you for sale this delightful modern home at 137 Mount Gambier Road. This very well presented home situated on an easy care 570m2 offers so much, from the moment you enter the home.
Stepping through the front door you enter the wide entrance hallway that has large tiled flooring that runs seamlessly through to the main living area of the home.
Off to the left at the front of the home you will find double sliding doors that lead you to the carpeted lounge room/2nd living room.
This home has 4 bedrooms and the master bedroom has all the luxuries with ensuite and walk-in robe and is positioned behind the 2nd living room. The master is spacious with views out to the alfresco dining area and a good size ensuite boasting vanity, toilet and a shower.
Further down the passage you enter the homes central area where there is room for the entire family to gather. The open open-plan family, kitchen and dining area is bright and fresh and with abundance of windows letting in plenty of light. The living area has carpet flooring, while the dining and kitchen has tiled flooring. The kitchen comprises of dishwasher, under bench electric oven and ceramic cook-top, plenty of cupboards and drawers, dedicated pantry cupboard and breakfast bench, while the dining area opens out through glass sliding doors to the intimate alfresco dining area.
The home has reverse cycle air con making it easy to keep the home at a comfortable temperature all year round.
The 3 of the 4 remaining bedrooms are all of decent size with carpet flooring and bedrooms 2 and 3 have built-in robes and tv points. The main bathroom is central to these bedrooms and boasts a shower, bath and vanity unit.
Securely fenced with side gates either side of the home allowing access the rear yard. The rear yard is private with colorbond high fencing and with imitation lawn gives you more time to enjoy the lifestyle.
A concrete driveway leads to the double garage under the main roof with auto roller door & internal access into the home and the front yard is low maintenance and neatly presented.
To enquire further about this property, get in touch with Kerry Smith at Elders Real Estate Millicent today.
Listing description written by Kerry Smith, Elders Real Estate South East — reproduced as published, not verified by Districts.
Nearby 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.