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.
3
Bedrooms
1
Bathrooms
2
Car spaces
809 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Millbank (last 5 years) with land size have a median of $582/m² of land (n=95). 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.
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 Michaels Real EstateThis solid 3 bedroom brick home in the ever sought after suburb of Millbank is the perfect low maintenance investment you’ve been looking for!
With the short walk to the Sugarland complex, you have Woolworths, clothes stores, cafes and taverns at your doorsteps, with nearby schools, childcares and activities including the Brothers Sports Club and Reading Cinemas just around the corner!
With an established lovely tenant paying $315 per week until the 16/02/2023 you are already guaranteed an excellent investment! With all the hard work done, be prepared to forget and let the tenant pay it off on your behalf.
The 3 bedroom home is constructed with solid brick, with a pleasing tiled roof. The neat and tidy presentation of the home gives you low maintenance gardens, with a front patio positioned adjacent to the undercover carport. There is additional secure parking in the fully powered single bay carport with internal access.
The stone pathways and driveway create a stunning presentation paired with timber fixtures to the carport.
Inside the home, observe low maintenance vinyl flooring with a large lounge room, air-conditioned with a fan. This opens up to the combined kitchen and dining space, with ample storage and quality appliances including a stainless steel built-in oven and a 4-bay gas stove top.
Cleverly situated away from the living space, there are 3 bedrooms with built-ins, ceiling fans, and windows. The larger master is fully air-conditioned to escape the heat all year round!
The bathroom gives you a separate toilet, built-in vanity and a fully modernized shower with grey slate tile underfoot, white gloss splash back tiles and a sleek silver frame.
At a glance:
- Large colour bond shed
- Low maintenance gardens
- Fully powered garage and additional carport
- Air-conditioned with ceiling fans throughout
- Low maintenance vinyl flooring throughout
- Internal laundry
- Outdoor entertainment area
- 3 bedrooms with built-ins, fans and windows with an air-conditioned master bedroom.
- Fully fenced
- Established tenant in place
41 Duffy Street is an astute investment with guaranteed rental returns and fantastic tenants; this is an opportunity you’ll regret to miss!!
Currently rented for $315 per week with a long term tenant in place. Current tenants are keen to stay on long-term, making this an ideal investment.
Rental Appraisal – Currently returning $315 per week.
Available to view anytime by appointment.
Virtual/Video tour available.
Address – 41 Duffy Street, Millbank, QLD, 4670
Kurt Dempsey – Michaels Real Estate – 0498066555 – kurt@michaelsrealestate.com.au
**Every effort has been made to verify the correct details of this marketing. Neither the agent, vendor or illustrator is responsible for any omission, wrongful inclusion, misdescription or typing error in this marketing material. All interested parties should make their enquiries to verify the information and satisfy any concerns they may have. Fixtures shown may not be included in the sale & questions must be directed to the agent. Any information intended to be relied on should be independently verified, and necessary due diligence carried out. **
Listing description written by Kurt Dempsey, Michaels Real Estate — reproduced as published, not verified by Districts.