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.
$191,001
Last sold
4 Aug 2022
4
Bedrooms
1
Bathrooms
4
Car spaces
615 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
$191,001
4 Aug 2022 · 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
-57.5%
Median sale
Suburb $449,500
+4.94 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 South East Property Sales and ManagementThe home is an attached double unit ex trust home. It is a solid Mount Gambier stone build with a new iron roof and aluminium windows. It sits on an allotment of 615m2.
It has had renovations and additions over the years and is a well maintained, spacious home beautifully presented for sale.
There are three bedrooms in the original part of the home, all with timber floors and blinds. The bathroom is tiled with a shower over the bath and vanity. The toilet is separate.
The cosy lounge is off the entry at the front of the home and has a slow combustion wood fire and a ceiling fan. The eat in kitchen has gas cooking, single sink and plenty of space for a pantry cupboard. There is a tiled rear porch adjacent the tiled laundry, The porch leads to the large extension which has a generous mud room with external door to the rear yard and a large fourth bedroom or second living space depending on your families requirements. This room is carpeted and has a reverse cycle air conditioner fitted. The extra space in this home is a wonderful addition and provides lots of options for comfortable family living.
The enclosed rear yard has a fantastic four bay colourbond shed at the rear with cement floor and power. This has insulation and a functional mezzanine loft for storing all your bits and pieces. There is also an iron woodshed and a garden shed. The rear yard is safely enclosed for your special fur babies with double gates providing access down the driveway. A small lawn area is also enclosed and would be great for garden beds and fruit trees.
This is a neat, well-maintained home with excellent shedding. It is a credit to the owners. The home has a new roof and gutters and a new flu for the fire. It has been freshly painted and is move in ready. Houses this well maintained in this price bracket are rare gems so don't hesitate to call and book your inspection today.
A rental appraisal has been done and is approx. $200.00 per week.
GENERAL PROPERTY INFO
Property Type: Mount gambier stone with colourbond roof.
Zoning: Neighbourhood.
Council: Wattle Range Council
Land Size: 615 m2
Rates: $258.00 per quarter
Lot Frontage: 15.5m
Lot Depth: 45.7m
Water Supply: Town water
Services Connected: Power, Water, Sewer
Certificate of Title Volume 5793 Folio 957
Listing description written by Melissa Walker, South East Property Sales and Management — 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.