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
$217,000
Last sold
7 May 2021
4
Bedrooms
1
Bathrooms
2
Car spaces
1,339 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
$217,000
7 May 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
-51.7%
Median sale
Suburb $449,500
+3.91 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 ManagementSolid Limestone family home with so much potential. Be greeted with a spacious carpeted hallway and generous sized main rooms. Well suited to the large family on a massive 1339m2 allotment with rear access.
The lounge room provides a Reserve cycle air conditioner, Combustion fire, ceiling fan and ornate cornices that surround the room. Freshly painted with Day/night blinds
Main bedroom is located at the front of the house, carpeted with day night blinds. Bedroom 2 and 3 are separated by a small open office or TV room space. Great for kids’ zone with built in cupboard. Bedroom 4 are located towards the back of the house off the pergola.
Spacious open plan kitchen, it shows the large space and potential that this property has, with an electric oven, single sink, ample bench, and cupboard space.
The bathroom provides a separate large bath and shower and vanity unit.
The laundry is situated right next to the bathroom. Toilet located next to the bathroom with the laundry.
Rear Sunroom/ Mudroom is another handy space with cupboards, with potential to be another separate room it desired.
As you move towards the back of the house you will walk out to a pergola and then onto the large spacious backyard that is full of beautiful fruit trees.
The yard also offers many domed galv. iron shelters or woodshed options, plus a green house. You will love the deep block to utilize for veggie garden, orchard and friendly intown animals.
Rear access off Bolton oval which makes greater use of the backyard space for wood delivery to sheds.
Perfect home if you’re looking for space. Call Fiona and Melissa to book your inspection.
GENERAL PROPERTY INFO
Property Type: Limestone and Tile roof
Zoning: Neighbourhood
Council: Wattle Range Council
Year Built: 1964/65
Land Size: 1339 m2
Rates: $1124.25
Lot Frontage: 20.6m
Lot Depth: 66.8m
Aspect front exposure: Northeast
Water Supply: Rain & Town supply
Certificate of Title Volume 5642 Folio 654
Listing description written by Fiona Telfer, South East Property Sales and Management — reproduced as published, not verified by Districts.