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.
$395,000
Last sold
3 Sept 2021
4
Bedrooms
2
Bathrooms
2
Car spaces
961 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
$395,000
3 Sept 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
-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.
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 large family home has been extensively renovated and is luxurious and modern while still oozing charm and character with timber and stone features throughout. This stunning, beautifully presented property has all the features a growing family will love.
Nestled in a quiet street on a large 961m2 allotment this home is in a fantastic position with easy access to amenities, healthcare, childcare, sport, and recreation, all are just a short stroll away. The solid feature limestone build with an iron roof and aluminium windows make it a low maintenance home.
Walk through the front door and your eye will immediately be drawn to the feature of the home, a huge open plan kitchen, dining, family room, the modern kitchen will delight any cook, amateur to master chef. A large breakfast bar with ceasarstone bench tops and heaps of seating is a perfect place for family and friends to gather, heaps of cupboards and a pull out pantry hide away all of the clutter and quality appliances make life easy. Dining is adjacent with a feature slow combustion fireplace and built in cabinetry. There is also a reverse cycle air conditioner here for comfort all year round. The family area is a huge tiled space with many options for arranging seating and opens up onto the covered deck through sliding stacker doors with retractable flyscreen, indoors to outdoors flows seamlessly and the family will always be in sight from the kitchen. You will never be far away or out of eyesight from the action whether preparing meals or curled up by the fire with a good book.
There are 4 Bedrooms, the master bedroom is at the front of the home and offers carpet, a walk through wardrobe and sophisticated, modern ensuite , all other 3 have built in robes and are carpeted with blinds.
The main bathroom has a separate bath, shower and a vanity and the toilet is separate. You will love the new mudroom adjacent the laundry, with walls of storage and bench space for sorting laundry and getting your home organised.
The rear timber deck area is ideal for entertaining friends and family, from this alfresco area you look over a large yard a step down to pavers leads to the rear games room. A large 6m x6m stone room with double sliding doors and a reverse cycle air conditioner. The kids large and small will have space to play and make many memories with family and friends here. This could also easily be converted into a granny flat, or teenager's retreat if needed or work or consult from home in your separate office space.
To the rear of the property is a double bay iron shed with roller door and a wood shed. The yard is private with established gardens and lovely deciduous shade trees. The lawn will be a well worn cricket pitch in summer or a cool place for hours of fun in the pop up pool or for just chilling with a relaxing chardonnay or cup of tea.
Town sewer and water is connected and a 4.5kw solar system and solar hot water system reduces your power bills.
This home is presented beautifully for sale and will appeal to families, couples and singles alike.
Don't delay and arrange your private 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.