Millswood at a glance
2,210
People
$2,140,000
Median sale
$546/wk
Median rent
1.33%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
$1,210,000
Last sold
19 May 2016
4
Bedrooms
2
Bathrooms
4
Car spaces
1,045 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
$1,210,000
19 May 2016 · derived via latest_sale
Local land rate: recorded House sales in Millswood (last 5 years) with land size have a median of $2,434/m² of land (n=36). Districts calculation from recorded sales — not a valuation.
Millswood at a glance
2,210
People
$2,140,000
Median sale
$546/wk
Median rent
1.33%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
Vs Millswood
-43.5%
Median sale
Suburb $2,140,000
+1.02 pp
Gross yield
Suburb 1.33%
Suburb median $2,140,000 from 8 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 $546/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
Millswood at a glance
2,210
People
$2,140,000
Median sale
$546/wk
Median rent
1.33%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by OCOFFERS CLOSE Thur 2 Jun at 12pm (USP)
Privately screened from the road and set back with a commanding presence, this beautifully renovated and extended, Gentleman's Bungalow residence is sure to impress.
Pedestrian entry is via voice intercom, fitted to the electric auto gate. The gate opens to a double width driveway, leading to a side-by-side triple carport. A 2nd driveway south of the main entrance provides a set of tall timber gates opening to parking for 2 vehicles, boat or caravan.
The 2nd driveway leads directly to a brilliant home office with classic French doors entering the light-filled room. It includes a reverse-cycle air-conditioner, walk-in storage & a further timber/clear glass door opening to a central courtyard with access to the home.
Once you step inside, there is an instant feeling of space. Quality features including extensive built-in robes to all bedrooms, white plantation shutters & character features including rich polished Baltic floorboards lining the original section of the home, complementing the fresh contemporary décor.
There are 4 double bedrooms, 3 of the 4 bedrooms are perfect for children, with each bedroom featuring custom fitted desks & shelves.
An elegant formal lounge is central to the home and offers good natural light and a decorative fireplace.
The indulgent master suite is located left of the impressive 2006 built extension. There is new carpet & the walk-in robe offers excellent storage, dressing area & access through to the luxurious 2 person ensuite.
The sensational light filled extension incorporates the master suite, family bathroom, separate toilet, practical laundry room, kitchen, dining & family areas. Commercial grade aluminium café doors invite the northern sun in and step straight onto the large timber entertaining deck.
Enjoy cooking up a storm in the gourmet kitchen. It is fitted with white cabinetry, stone benchtops, wide island bench/breakfast bar, 900mm wide stainless steel Smeg gas cooktop, electric under bench oven, Qasair rangehood, microwave provision, Miele dishwasher, double sink and twin door pantry with pull out drawers.
The large garden shed includes power & shelving.
Extras include: ducted evaporative & ducted gas heating in the original rooms,, 2 r/c split-system air conditioners in the extension, r/c air conditioner in the home office, security system, sensor lights, hard-wired smoke alarm, safety switch & auto water system.
OUWENS CASSERLY - MAKE IT HAPPEN
Listing description written by Cynthia Sajkunovic, OC — 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.