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 › Matheson Rd
$765,000
Last sold
16 May 2023
3
Bedrooms
2
Bathrooms
6
Car spaces
10,110 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
$765,000
16 May 2023 · 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
+70.2%
Median sale
Suburb $449,500
-1.50 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 Elders Real Estate MillicentWelcome to 25 Matheson Road
Located on a gorgeous tree lined street and nestled back off this large allotment provides a very private and peaceful lifestyle for this beautiful solid character blue stone & red brick home with cedar timber features.
Entering the home through the front leadlight door, you will be taken back by the feel of the heritage style era as you enter the double timber doors to the spacious formal lounge room. With stunning ceiling roses, vast stone mantelpiece fireplace and the original carpet that flows through to the entrance and the master bedroom, takes you back in time.
The hub of the home is the spacious open plan dining and kitchen area with slate flooring and high timber ceilings. Designed to cook and entertain, with a large square island bench with cupboards on both sides that flows on through to a high kitchen bench. The kitchen presents timber cabinetry, walk-in pantry, large skylight, and stainless-steel appliances include an electric wall oven with separate grill and dishwasher. The family room is quaint and has a warm relaxed feeling with carpet flooring, ceiling fan and a wood fire.
The home has the luxury of ducted reverse cycle air-conditioning which covers the formal lounge, dining, kitchen, and family area.
There are 3 bedrooms, the master bedroom is located at the front of the home and features a beautifully detailed art nouveau style framed fretwork with a sitting area, built-in robes and ensuite -containing a shower, vanity, and toilet. Bedrooms 2 and 3 are of generous size and both feature built-in wardrobes and just down the hallway from the main bathroom.
The main bathroom is very spacious with a vanity area, shower tucked away in an alcove and a large deep spa bath.
A decent size office/study has a built-in seat lounge and office desk but could be converted to a small 4th bedroom if needed.
A great entertaining that leads from the dining area, this impressive pergola is at the rear is perfect spot to kick back with family & friends and enjoy a BBQ and a beverage, even in the winter months with a built-in wood fire.
The home sits on approximately 1.011ha and with all the improvements on one side of the allotment and a second driveway off the other side creates potential to subdivide a portion of the block off (STCA).
Water consists of bore that is supplied to the garden and 2 massive concrete tanks supply rainwater to the home.
Car parking and shedding is impressive with a double carport to the side of the home and adjacent 2 bay colorbond garage behind and further down in the block is a 3 bay colorbond shed with 2 roller doors with concreted flooring and power.
This beautiful property has a magnificent established garden and with abundance of trees requires some tender loving care and is perfect for the garden lover to bring it back to life.
You will love the peace, quiet and privacy that 25 Matheson offers, all whilst living within proximity to all the conveniences that Millicent has on offers.
A home you have been waiting for, call Kerry today to schedule a viewing and experience the serenity and character this property has.
Listing description written by Kerry Smith, Elders Real Estate Millicent — 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.