Millbank at a glance
2,614
People
$620,000
Median sale
$560/wk
Median rent
4.70%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
$499,000
Last sold
1 Nov 2023
5
Bedrooms
2
Bathrooms
1
Car spaces
1,012 m²
Land
127 m²
Building
Districts View
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
$499,000
1 Nov 2023 · derived via latest_sale
Local land rate: recorded House sales in Millbank (last 5 years) with land size have a median of $583/m² of land (n=94). Districts calculation from recorded sales — not a valuation.
Millbank at a glance
2,614
People
$620,000
Median sale
$560/wk
Median rent
4.70%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
Vs Millbank
-19.5%
Median sale
Suburb $620,000
+1.14 pp
Gross yield
Suburb 4.70%
Suburb median $620,000 from 27 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.
For more information on this property, visit Queensland Globe.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
QLDPlanning 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 $560/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
UnknownNearby 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.
Area
Millbank at a glance
2,614
People
$620,000
Median sale
$560/wk
Median rent
4.70%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Raine & Horne BundabergAll the hard work has been completed just move in and enjoy. This lovely home is all charm with timber floors that have been whitewashed, freshly painted throughout and dreamy high ceilings giving it a light and bright feel. The bedrooms are spacious, all with built in robes. The functional modern kitchen is at the centre of the home and has a large walk-in pantry and dishwasher. The added convenience of two bathrooms one having a deep claw-foot bathtub great for kids or for yourself to have a relaxing soak. The timber deck will be ideal for chilling out with a drink after a long day.
The current shed has been converted into two extra rooms, with air-conditioning perfect for extra bedrooms, teenagers' retreat, granny flat set up, studio or maybe an area to work from home. Enjoy reduced electricity bills with a 7.8kw solar system. The backyard is huge with room to build an extra shed or maybe that pool that the family has always wanted. It is all fully fenced and safe and secure for pets and children with handy side access.
Situated in a premium location conveniently situated between Bundaberg CBD and Stockland shopping centre with easy access to hospitals, sporting fields and parkland, everything is all so close.
Call Rebecca today or Michelle today to arrange your private viewing.
Features:
• 3 bedrooms with built-in robes
• Sunroom or office
• Shed converted into two extra rooms
• Air-conditioning
• 7.8kw Solar System
• Whitewashed timber flooring
• Modern kitchen with dishwasher
• Walk-in pantry
• Bathrooms are fresh and inviting with a bathtub
• Timber deck for entertaining
• Carport
• Garden shed
• Fully fenced with side access
Distances:
• Bundaberg CBD - 3km
• Bundaberg Hospital - 1.4km
• Stocklands Shopping Centre - 2.3km
• Avoca Primary School - 1.5km
• Bundaberg State High School - 3.2km
• Bargara Beach - 11.8km
Agency Advertising Disclaimer: Galaxy Real Estate have been provided with and have made every effort to verify the correct details of the above information, however, the agent, vendor, nor illustrator cannot provide any guarantee or be held responsible for any omission, undertakings, wrongful inclusion, misdescription or typing errors in this marketing material. All interested parties should enquire and are responsible for their own independent evaluation to determine if the information is accurate. Any information intended to be relied on should be independently verified and the necessary due diligence be conducted.
Listing description written by Rebecca Beer, Raine & Horne Bundaberg — reproduced as published, not verified by Districts.