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
$395,000
Last sold
10 June 2022
3
Bedrooms
2
Bathrooms
2
Car spaces
628 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
$395,000
10 June 2022 · derived via latest_sale
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
-12.1%
Median sale
Suburb $449,500
+0.51 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 Ray White Kingston SEAll the work is done, just turn the key and start living in this beautiful home that boasts a 6.4-star energy rating.
Located about 1.6km from Millicent's main street services, this marvellous property is well suited for buyers looking for a new home or investment.
Packed with all the features your family will enjoy:
• A beautiful wide entrance to the home, it flows through to the light filled open plan at the rear overlooking the stunning yards.
• The home was designed and built to maximise comfort and easy living.
• There is a stunning kitchen waiting with a 3m long x 900mm breakfast bar, with stylish Italian light fittings, black built-in double sink, Blanco dishwasher, ample cupboard spaces, and soft closing drawers.
• Cooking at its best with a 4-burner gas cooktop with rangehood and electric wall oven.
• Climate control to the house is a breeze with ducted reverse cycle which has 4 zones - the living area & the 3 bedrooms.
• There are 3 bedrooms in total, the master bedroom has a spacious walk-in robe and an ensuite consisting of shower, free-standing vanity, and toilet.
• The 2nd bedroom has built-in robes and access to the 2-way main bathroom.
• The spacious main bathroom is accessed from the passage and the 2nd bedroom and offers a shower, deep bath, vanity, and second toilet.
• The 3rd bedroom is a good size as well.
• The laundry has great bench space with under bench space for your washing machine and tumble dryer plus large linen press.
• The laundry side access door includes an inbuilt Pet door for the animal lovers.
• Access to the garage via automatic roller door, side door and internal hallway door.
• Adjoining the rear of the home is a quaint 4m x 4m paved undercover entertaining area with a timber feature partition and has great privacy.
• The artificial lawn area is surrounded by easy care gardens and provides a blank canvas with plenty of room to add a decent size shed.
• The immaculate front yard gardens.
• The property is fully fenced to the rear and side yards.
• The home has an instant gas hot water service, rainwater and town water with linked water softener.
• The 6.5kw 22 panel solar system helps reduce those energy bills.
This lovely easy-care property which has no expense spared and built by the highly regarded Seco Homes is ready for you to make it your home. Just move in and enjoy!
Call Selling Agent Nedd Golding for further information or to book your private inspection.
Listing description written by Nedd Golding, Ray White Kingston SE — reproduced as published, not verified by Districts.