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.
$560,000
Last sold
9 Jan 2026
2
Bedrooms
1
Bathrooms
3
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
$560,000
9 Jan 2026 · 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
-9.7%
Median sale
Suburb $620,000
+0.50 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 RealWay Property Consultants BundabergA privilege to offer this "First Time on Market" home For Sale, our executors are looking to finalise the estate and appreciate your early interest and offers.
The property has the makings of something special starting with the low maintenance brick home that can be easily converted to 3 bedrooms (All rooms are oversized).
More potential on the "Flood Free" and "Easement Free" 809m2 allotment with ample space for a pool etc and comfortable side access to the oversized 3 Bay Garage.
Ideal first home to get yourself onto the property ladder, or solid ROI (Return on Investment) or perhaps a home base whilst you travel Australia or abroad.
Confirming your interest is the superb location in a quiet street, very convenient to all city services.
You can certainly purchase this property with confidence knowing that you can easily "Value Add" creating immediate capital gains in addition to our continuing, rising market.
PROPERTY PROFILE
2 Large Bedrooms - Oversized, Built-In Laundry the easy 3rd.
Master Bedroom has a massive Walk-In Robe - Space for ensuite.
Versatile Large Open Plan - Large Walk-in Pantry.
Flood Free - Easement Free - 809m2 Allotment. Space for Pool.
Oversized 3 Bay Garage + 4th Bay Workshop, Power & Lighting.
Easy access to the fully fenced rear. Space for caravan.
Bathroom - Shower/Bath, separate toilet.
Full-Length Verandah - Space to extend outdoor entertaining.
Secured Front patio - Security Screens and Doors throughout.
LOCATION
- Walk to Park, School, Daycare, Bus
- 3 Mins - Aldi, Woolworths, Coles, Major Retail Shopping Centre's, Sports Club, Cafe's, Health Precinct, Doctors, Hospital.
- 5 Mins - Airport, University, City Centre, Restaurants,
- 10 Mins - Boat Ramp, Golf Course, more parklands,
- 20 Mins - Bargara Beaches, Golf courses, Marina/Ocean Access.
FIRST HOME BUYERS! You'll never look back with this safe and sound first buy that can turn into your first investment property down the track.
INVESTORS! Look at the % Returns now and genuine potential to increase further.
ALL BUYERS - Look at the location, Genuine potential for capital gains. Perfect property to start or enhance your portfolio.
The family have a genuine commitment to finalise the estate and have requested me to present all offers for immediate consideration.
Please direct All Enquiries and Inspections to the Exclusive Marketing Agent Gary Martin on 0417 635390 or gary@realwaybundaberg.com.au
***The information provided is to be used as an estimate only. All potential purchasers should make their own enquiries to satisfy themselves as to any due diligence required.***
Listing description written by Gary Martin, RealWay Property Consultants Bundaberg — reproduced as published, not verified by Districts.