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.
QLD › Millbank › Mclucas St
$428,000
Last sold
22 Sept 2021
3
Bedrooms
1
Bathrooms
2
Car spaces
885 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
$428,000
22 Sept 2021 · derived via latest_sale
Local land rate: recorded House sales in Millbank (last 5 years) with land size have a median of $583/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
-31.0%
Median sale
Suburb $620,000
+2.10 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 Coastline Realty**This property is currently Under Contract subject to conditions. If you would like to be updated if anything changes on this contract, please feel free to call us and we will add you to our list.**
Don't be deceived from the road side, the size of this home is larger than you would expect.
With 3 living areas, generous sized bedrooms, fresh paint internally and externally, new carpets, huge covered outdoor entertaining area, double bay shed, large 885m2 allotment nestled in a quiet yet very convenient location, this must see home will certainly impress those who inspect.
The position of the home will certainly suit those with a busy lifestyle and need to be centrally located within close proximity to all major amenities. Just minutes from hospitals, medical facilities, major shopping, sporting clubs, CQ University and walking distance to Avoca State School and day care centre.
Attributes of this must see home range from:
-3 living areas
- Huge air conditioned and carpeted rumpus / family room segregated from remainder of the home with potential to convert into possible granny flat subject to Council approvals and conditions for the extended family
- 2nd separated lounge / TV room
- 3rd tiled living area / formal dining area
- Good size and very practical kitchen with ample cupboard and bench space looking through to entertaining area
- 3 bedrooms all with built-in cupboards, mirrored robe fronts and ceiling fans
- Air conditioning main bedroom
- New LED lighting and ceiling fans throughout
- New smoke alarms to comply with updated legislation
- New carpet in all bedrooms, lounge and rumpus rooms
- Freshly repainted throughout internally
- Main bathroom with separate shower and bathtub
- Separate toilet (new toilet and cistern)
- All new tapware throughout
- Multiple outdoor living spaces
- Huge covered outdoor entertaining area defined into 2 areas
- Separate alfresco area on opposite side of the home
- Covered front patio
- Security screen doors throughout
- Window furnishings
- New solar system (5kw inverter with 6.6kw panels)
- Recently replaced colorbond roof on main dwelling
- New colorbond guttering around the whole home
- New upgraded power box and mains wiring
- Repainted externally
- Full concrete driveway leading to rear shed
- Double bay powered shed at the rear
- Fenced easement free 885m2 allotment
- Ample room to install a pool if desired
This home will be sure to tick the boxes in your new home search criteria, we suggest to organise your inspection fast as this property will not last.
Property Snapshot:
Bedrooms: 3
Living Areas: 3
Bathrooms: 1
Toilets: 1
Car Accommodation: 2
Land Size: 885m2 (approx.)
Rates: $1,800 per half year
Age: 44 years (approx.)
Rental Appraisal: $360 - $380 per week approx.
The information provided is for use as an estimate only and potential purchasers should make their own enquires to satisfy themselves of any matters.
Listing description written by Aaron Thompson, Coastline Realty — reproduced as published, not verified by Districts.