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 › Bourbong St
$360,000
Last sold
21 Apr 2022
3
Bedrooms
1
Bathrooms
4
Car spaces
1,012 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
$360,000
21 Apr 2022 · 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
-41.9%
Median sale
Suburb $620,000
+3.39 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
UnknownArea
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 LJ Hooker BundabergCentrally located in the sought-after suburb of Millbank, this property is located only a short distance from the Base Hospital, Stockland Shopping Centre & Bundaberg CBD. With several local schools only a short drive away this property is the perfect place to call home.
The property features open plan kitchen, dining and living area as well as three generous sized bedrooms. The spacious kitchen offers plenty of storage and features a new near electric stove and cooktop.
Situated on a fully fenced 1012m2 allotment in the highly sought-after suburb of Millbank, this property offers a spacious outdoor entertaining area, as well as a single bay carport and storeroom. The dwelling has been newly restumped with concrete stumps 2 years ago.
Investors and developers take note of the two-street frontage with potential to subdivide and high rent returns of this well presented home.
At a Glance:
* Whole interior freshly painted
* Kitchen with electric stove and oven and plenty of storage
* Combined Kitchen/dining area adjoining to two separate living areas
*Flood free property
* Fully fenced 1012m2 allotment
* Spacious outdoor area
* 6x6m double bay shed and two garden sheds
* Rear Street access via Isambert Lane
* Highly sought-after suburb
* Expected Rent $420 to $440 Per week
Key Property Details
Size - 1012m²
Fully Fenced - Yes
Water Source - Town
Wastewater - Sewer
Mains Power and NBN - Yes
Storm water - Yes
Council Rates - $1825(approx./6 months)
Construction - Single storey weatherboard with tin roof
Bedrooms - 3
Bathrooms - 1
Toilets - 1
Combined Kitchen/Dining - Yes
Cooking - Electric cooktop and fan forced oven
Lock up car accommodation - Single attached carport with a 6x6m shed at the rear of the property
Hot Water Service - Electric
Security screens - Yes
Ceiling fans - Yes
Airconditioning - Master Bedroom
Tenanted - No
Distance to Facilities:
1.2km to Bundaberg Base Hospital
1.3km to Bundaberg West State School
2.6km to Bundaberg CBD
6.3km to Bundaberg State High School
We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
Listing description written by Jakob Baumgartner, LJ Hooker Bundaberg — 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.