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 › Cassells St
$395,000–$425,000
For sale
Asking range
3
Bedrooms
1
Bathrooms
2
Car spaces
748 m²
Land
Districts View
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
Asking
$395,000–$425,000
Asking range · $528/m² of land
No recorded sale for this property.
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.
Based on the low end of the asking range, not a contract price.
$23,808 on top of the price (6.0% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: South Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Based on the low end of the asking range, not a contract price.
Pre-filled with Millicent's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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.
Gross yield if leased at the suburb aggregate is 4.1%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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 Ray White Mt Gambierhttps://portal.reaforms.com.au/purchaser/16-cassells-street-millicent-sa-5280-5p38awzo0j1uho301juax8u98
Nestled in the heart of Millicent, a thriving farming and retail hub, 16 Cassells Street offers a fantastic opportunity to embrace a relaxed rural lifestyle without sacrificing modern conveniences. Millicent is renowned for its outstanding local amenities, boasting a highly equipped hospital, the main headquarters for the Wattle Range Council, and exceptional award-winning schools. It is a town that perfectly balances a welcoming community spirit with robust, everyday services.
Sitting proudly on a large corner block with convenient rear yard access, this solid home is a property where all the heavy lifting and big-ticket maintenance have already been meticulously taken care of. The home feels incredibly fresh and inviting, thanks to professionally removed wallpaper and a crisp new coat of paint across the hallway, lounge, kitchen, dining area, and kitchen ceiling. Year-round comfort is guaranteed with a brand-new wood combustion heater in the lounge for those chilly winter nights, complemented by a new air conditioning unit in the dining area. While the home benefits from these fantastic modern updates, the carpets, bathroom, kitchen, and laundry remain in excellent, original working condition-ready to be enjoyed immediately while offering the perfect blank canvas to add your own touch over time. Futureproofing and energy efficiency are at the core of this home's appeal, featuring a substantial solar system, abundant rainwater storage, and a fully restored roof.
Property Highlights & Upgrades:
Exceptional Energy Efficiency: 19 solar panels paired with a 10kW battery system to heavily offset utility costs. Major Roof Restoration: Fully repointed, repainted, maintenance resealed, and pointing redone for total peace of mind. Abundant Water Supply: 30,000-litre rainwater tank equipped with a brand-new pump. Brand New Plumbing: 2 new instant hot water services with fully updated pipes and plumbing to match. Climate Control: New wood combustion heater in the lounge and a new air conditioning unit in the dining area. Fresh Interiors: Freshly painted hallway, lounge, kitchen/dining, and kitchen ceiling, with all old wallpaper professionally removed. Quality Appliances: The kitchen features a dishwasher and oven that were both replaced just 2 years ago. Space & Storage: A large corner block featuring highly sought-after rear yard access. Secure Parking: An enclosed carport alongside a double garage, which includes versatile room at the rear-perfect for a workshop, storage, or a hobby space. Original Charm: Carpet, bathroom, kitchen, and laundry present beautifully in good, original working condition. Investment Potential: An attractive rental guide of $375 per week, making it a smart addition to any investment portfolio. Whether you are a family looking for room to grow, a first-time buyer wanting a home where the hard work is done, or a savvy investor capitalizing on a strong local rental market, 16 Cassells Street is packed with value.
Additional property features:
Age/ Built: 1967
Land Size: 748 sqm
Council Rates: Approx. $1,320pa
Rental Appraisal: We have conducted an updated rental appraisal for approximately $375 per week.
Ready to make this yours? Don't miss out on this fantastic opportunity. Contact Karyn Prelc at Ray White today on 0402 268 137 to arrange your private inspection or to find out more.
RLA 291953
Listing description written by Karyn Prelc, Ray White Mt Gambier — 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.