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 › Corcoran Tce
$295,000
Last sold
26 Nov 2021
3
Bedrooms
2
Bathrooms
3
Car spaces
725 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
$295,000
26 Nov 2021 · 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
-34.4%
Median sale
Suburb $449,500
+1.91 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
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 South East Property Sales and ManagementThis solid brick and tile home is set on an allotment of 725m2, it sits in a quiet street in a popular area of town. Architecturally designed it is a split-level home with soaring vaulted ceilings a feature. The home has been extensively renovated and offers stylish, modern spaces with spectacular views over the Millicent flats farmland to Mount Muirhead. Peacefully located in a popular location with parklands and playground across the road, you will never be short of somewhere for the kids and pets to run and play while someone else mows the lawns.
Walk through the front door into the tiled entry and the wows will starts with a sweeping vaulted ceiling, this leads into the stunning lounge room again with beautiful high ceiling with exposed timber beams and brick feature wall. A slow combustion wood fire here warms the home and polished timber floors add warmth and character. Walk up a few steps to a landing, extra living space or dining area. You will love sitting or dining here and enjoying the panoramic country views.
The kitchen is adjacent and brand new with a 900ml oven with gas cooktop to unleash your inner chef, double sink, and dishwasher to make clean up a breeze and pantry to store all your yummy delights. The kitchen is open to the dining / second living space with polished timber floors and a sliding door to the paved outdoor area. Again, Vaulted ceilings are a feature and skylights let natural light flood the area, a reverse cycle air conditioner heats and cools the home from here for year-round comfort.
There are three bedrooms, The main has an ensuite and built-in robe and all have new carpet. Bedroom three has a mezzanine loft, what teenager would not love this extra space for sleeping or a chill out / study space. Or what woman would not love a space to store everything up and out of the way.
The main bathroom is tiled and has a shower over the bath and a vanity. The toilet is separate. The laundry has overhead storage and a rear door.
The rear yard has new retaining walls and a single iron shed, there is rear yard access through double gates. The front and side of the property has been beautifully landscaped to attract the birds and the bees.
This property is beautifully presented for sale and the hard work has been done. It has been freshly painted inside and out, the plumbing has been upgraded, the electrical has been upgraded with new switchboard and led downlights throughout and there are new floor coverings throughout and new blinds. The yard has new retaining walls and landscaping, a paved sitting area and gates make it secure for pets and children.
You do not want to miss out on this beauty, call to arrange your inspection today.
Listing description written by Melissa Walker, South East Property Sales and Management — 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.