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.
$325,000
Last sold
12 Mar 2026
2
Bedrooms
1
Bathrooms
3
Car spaces
959 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
$325,000
12 Mar 2026 · derived via latest_sale
Local land rate: recorded House sales in Millicent (last 5 years) with land size have a median of $354/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
-27.7%
Median sale
Suburb $449,500
+1.40 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 ManagementPositioned on an expansive 959m² allotment in the heart of Millicent, this weatherboard home offers space, location, and future potential in a quiet, well-established street with minimal through traffic. Conveniently located within walking distance to the CBD, medical facilities, childcare centre, and local schools, this property combines peaceful living with everyday convenience.
The home provides a solid foundation and has already benefited from partial renovations completed by the current owners, who have addressed and removed multiple issues throughout the property. This work has created a more secure starting point for the next owner, allowing you to focus on further updates, styling, or personal touches rather than major initial repairs.
Inside, the home features two comfortable bedrooms, with the main bedroom offering a full wall of built-in cupboards for excellent storage. Aluminium-framed windows throughout allow natural light to flow into the living spaces, creating a warm and inviting atmosphere.
The kitchen is practical and functional, featuring modern cabinetry, an electric freestanding oven, range hood and space for a dining table. The bathroom includes a shower over bath and vanity, with the convenience of a separate toilet. A dedicated laundry with wash trough and a rear door with direct access to the rear pergola.
Externally, the fully fenced backyard is generous in size and offers plenty of room for children, pets, gardens, or future improvements. Additional outdoor features include an unequipped bore, a 5,000-litre rainwater tank, and two small garden sheds for storage. A single carport adjoins a Colorbond garage with cement flooring and a slow combustion fire, providing a versatile space for parking, storage, or workshop use.
While there is still scope to add value and complete further improvements, the combination of land size, location, and the work already completed makes this an excellent opportunity for first-home buyers, renovators, or investors looking to secure a property with genuine potential.
This is your chance to escape the rental cycle and create a home of your own — contact us today to arrange your inspection.
GENERAL PROPERTY INFO
Rental appraisal conducted at approximately: $260 per week
Property Type: Weather board & Iron Roof
Zoning: Neighbourhood
Council: Wattle Range Council
Year Built: 1950
Land Size: 959m2
Lot Frontage: approx. 19.6m
Lot Depth: approx. 47.6m
Aspect front exposure: Southeast
Water Supply: Unequipped bore, & Town Supply
Services Connected: Sewerage, Water & Power
Certificate of Title Volume 5694 Folio 785
Disclaimer:
Every effort has been made to ensure the accuracy of the information provided in this listing. However, neither the agent nor the vendor accepts any responsibility for errors, omissions, or inaccuracies. Prospective purchasers are advised to carry out their own investigations and obtain independent advice. All areas, dimensions, and distances are approximate and subject to final survey. Any reference to potential development, subdivision, or use is subject to council approval (STCA).
Listing description written by Deon Howell, 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.