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.
$255,000
Last sold
24 Sept 2021
3
Bedrooms
1
Bathrooms
1
Car spaces
1,011 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
$255,000
24 Sept 2021 · 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
-43.3%
Median sale
Suburb $449,500
+2.78 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 home is a solid limestone build with a tile roof set on a large allotment of 1011m2 and certainly is in a prime location. Only a short walk to the main street and the beautiful Millicent parklands including the mega playground, skatepark and nature playground and the swimming lake. From here you can also pop the kids on their bikes and walk to school or kindy enjoying the fresh air and nature.
Original features add character and large spacious rooms and a large family room at the rear offers plenty of space for the family.
A wide entrance hallway has sliding doors into front lounge. Here a slow combustion wood fire keeps the home cosy and warm in winter it has a lovely feature surround. There are two Reverse cycle air conditioning units one in the lounge and one in the kitchen. A large separate dining room off the kitchen is light and bright with dual aspect windows,
The kitchen has been renovated with Electric oven and Gas h/p's, dishwasher and pantry, abundant cupboards for storage make it easy to find a place for everything and a breakfast bar is the perfect spot for your morning coffee.
There are three carpeted bedrooms. The main has built in wardrobes and all have ceiling fans and blinds/curtains.
The original Terrazzo Bathroom is in three sections, A newly tiled shower is in the large laundry section, a separate toilet is adjacent and the bath and vanity are also separate.
The 8.2 x 4 metre rear family room will be handy for large families needing space. And also has ample storage [Photo will be provided when available] The adjacent rear mudroom is ideal for dirty boots and school bags.
The great sized rear yard has a double garage with a rear workshop cement floor and power.
The home is on rainwater with the option to switch to town supply and there is an unequip bore.
This is a large home on a large block in a fantastic position.
Don't miss out call today to book your inspection.
The property is currently tenanted until end of August 2021. Return was $240 per week
GENERAL PROPERTY INFO
Property Type: Limestone and Tile roof
Zoning: Neighbourhood
Council: Wattle Range Council
Year Built: 1962
Renovations: 2015
Land Size: 1011 m2
Rates: $1218.45 per annum
Lot Frontage: 20.5m
Lot Depth: 49.9m
Aspect front exposure: Northeast
Water Supply: Town supply and rainwater
Certificate of Title Volume 5414 Folio 174
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.