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.
QLD › Millbank › Diamond St
$568,000
Last sold
23 Aug 2024
3
Bedrooms
1
Bathrooms
2
Car spaces
667 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
$568,000
23 Aug 2024 · derived via latest_sale
Local land rate: recorded House sales in Millbank (last 5 years) with land size have a median of $581/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
-8.4%
Median sale
Suburb $620,000
+0.43 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 Greaves Property AgentsDiscover the epitome of family living at 3 Diamond Street, Millbank—a residence that perfectly balances comfort, style, and convenience. This charming 3-bedroom, 1-bathroom home, complete with 2 living areas, is designed to meet the needs of a modern family, offering a blend of open-plan living and private spaces that cater to every lifestyle.
The heart of the home is an expansive open-plan kitchen, living, and dining area that seamlessly connects, making it the ideal spot for family gatherings, casual meals, and everyday relaxation. Whether you're cooking up a storm in the kitchen or unwinding in the cozy living space, this home provides the perfect backdrop for creating lasting memories.
The second lounge room offers additional space for relaxation or play, giving your family the flexibility to spread out and enjoy different activities under one roof.
For special occasions, the formal dining room provides an elegant setting to entertain guests or enjoy a more refined family dinner. If your family doesn't require a second dining area, this versatile space can easily be transformed into a home office, study, or playroom—adapting to your needs as they evolve.
When it's time to enjoy the outdoors, the sparkling pool invites you to cool off during hot summer days or host a weekend barbecue with friends and family. The surrounding space, complete with an entertainment deck, offers ample room for outdoor dining, relaxation, and play, making it the ultimate backyard retreat.
Practicality hasn't been overlooked, with a double car lockup providing secure parking and extra storage space. Plus, with solar power and an excellent location just minutes from top schools, parks, shopping, and dining, this home ensures that everything your family needs is within easy reach.
Key Features:
- 3 spacious bedrooms with built-ins
- Large family bathroom
- Expansive open-plan kitchen, living, and dining area
- Formal dining room, easily convertible into a home office or study
- Second lounge room for added flexibility and comfort
- Sparkling pool
- Entertainment deck
- Double car lockup with secure parking and storage
- Excellent location close to top schools, parks, shopping, and dining options
- 667m² block
3 Diamond Street, Millbank is more than just a house—it's a place where your family can grow, thrive, and create cherished memories for years to come. Don't miss the opportunity to make this exceptional property your forever home.
Cameron Greaves - 0407 161 866
Jenna Greaves - 0448 977 049
Disclaimer:
We have obtained this property information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective buyers are advised to carry out their own investigations.
Listing description written by Cameron Greaves, Greaves Property Agents — reproduced as published, not verified by Districts.