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.
$600,000
Last sold
15 Jan 2024
4
Bedrooms
3
Bathrooms
2
Car spaces
604 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
$600,000
15 Jan 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
-3.2%
Median sale
Suburb $620,000
+0.15 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 Synergy Property Specialists BundabergPeaceful living with elegance this lowset Queenslander has all the features covered! Impressive fully renovated Queenslander located in Millbank with nothing to do! The home has plenty on offer with 4-bedrooms, plus an extra office with external access, 3-bathrooms and 2 lounge areas which offers the perfect blend of modern comfort and timeless elegance. Situated on a 604 sqm corner allotment with side access, this property is a true beauty!
If you work from home or need a beauty room or office this home has a room at the front of the house with its own external access with built in cupboard space ready to go!
As you step inside the main home, you'll be greeted by the warm and inviting atmosphere created by the timber hoop pine flooring and chandeliers. The wide verandah adds a touch of charm and provides the perfect spot to relax and enjoy the beautiful surroundings.
The living and dining area is perfect for entertaining, the fully renovated kitchen boasts stone benchtops, dishwasher, oven and cooktop and ample storage space with a large pantry, making meal preparation a breeze.
Four spacious bedrooms, providing plenty of storage space. A lovely sunroom separates two of the bedrooms and offers an extra space for watching tv. The three bathrooms ensure convenience and privacy for all family members. The master bedroom even has its own ensuite, adding a touch of luxury.
Outside, you'll find a range of features that make this property truly special. The courtyard and front deck provide a lovely space for outdoor entertaining, while the fully fenced garden offers privacy, security, and serenity. The double garage with electric roller doors with a high clearance and internal access ensures convenience and peace of mind. Other features of this property include air conditioning, floorboards, and a pet-friendly environment. With reverse cycle air conditioning, you'll stay comfortable all year round.
Positioned in an excellent location, you are only a quick 3-minute drive to the Bundaberg Base Hospital and 5 minutes in either direction. You have the Bundaberg CBD and Stockland's, where you will find everything, you need!
Don't miss the opportunity to make this beautiful property your own sanctuary, with a price guide of $600,000, it offers exceptional value for money. Whether you're a growing family or looking for a spacious and stylish home, 41 River Terrace Millbank is the perfect choice for a peaceful lifestyle. Contact us today to arrange a viewing and experience the charm and elegance of this remarkable property.
At a glance
Land Size: 604m²
Home: 227sqm
Bedrooms: 4
Bathrooms: 3
Car: 2
EXTRA FEATURES YOU WILL LOVE:
4 Bedrooms
3 Bathrooms
2 Cars
Wall oven
Dishwasher
Blinds and shutters
Air-Conditioning throughout
Ceiling fans
Timber hoop pine floors
Chandeliers
Office with external access
Double garage internal access
Stone benchtops
Island Bench
Study Nook
Rates: $1,700 per 6 months ( Excluding Water)
The information provided is for use as an estimate only and potential purchasers should make their own inquiries to satisfy themselves of any matters.
Listing description written by Sonia Hancock, Synergy Property Specialists Bundaberg — reproduced as published, not verified by Districts.