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
$477,000
Last sold
8 Nov 2023
3
Bedrooms
2
Bathrooms
2
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
$477,000
8 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
-23.1%
Median sale
Suburb $620,000
+1.40 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 RE/MAX PrecisionThe search is over, your new home has hit the market! A rare opportunity presents itself to purchase a move in ready property with traditional character and modern appeal in the quiet but convenient suburb of Millbank.
Three spacious bedrooms all with split-system air-conditioning, full ensuite off the master bedroom and the generous main bathroom with a combined laundry. Kitchen located in the heart of the home adjacent the dining area and overlooking the large living room. Covered outdoor entertaining area located at the rear of the home.
The 1,012m2 allotment allows for side access down either side of the home, perfect for storing large items such as the motorhome, caravan, boat, trailer and more. The backyard provides a double carport for immediate use and space to install a shed or pool.
Positioned just a 1min drive to the Bundaberg Hospital and Mater Private Hospital, 4min to the Friendly Society Private Hospital, 5min to the Bundaberg CBD, 6min to the Sugarland Shopping District and just minutes to a variety of public plus private primary and secondary schooling.
Features and benefits of 359 Bourbong Street include:
- Entry foyer upon entry, perfect for utilising as a study nook
- Large living room with ceiling fan, following on from the entry foyer
- Kitchen with dishwasher, gas cooktop and oven, range hood, pantry cupboard, breakfast buffet and ceiling fan, dining area adjacent the kitchen
- Master bedroom with split-system air-con, ceiling fan and ensuite featuring a large walk-in shower, toilet and basin
- Bedrooms two and three both with split-system air-con and ceiling fans
- Main bathroom with a large walk-in shower, toilet, basin and laundry corner with washing machine cavity and storage
- Large hallway leading outside, perfect for utilising as a landing zone from outside
- Covered outdoor entertaining area overlooking the rear yard
- Covered double carport with storage area located at rear
- Fully fenced
For additional information or additional information or to organize your personal inspection please call or email Scott Mackey / Spencer King today!
At a Glance:
Bedrooms: 3
Bathrooms: 2
Car Accommodation: 2
Size: 1,012 m2
Air-Conditioned: Yes
Rental Appraisal: $550.00 per week approx.
Rates: $1,700.00 per half year approx.
The information provided is for use as an estimate only and potential purchasers should make their own enquires to satisfy themselves of any matters.
Listing description written by Scott Mackey, RE/MAX Precision — 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.