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.
$1,050,000
Last sold
25 Nov 2024
4
Bedrooms
3
Bathrooms
4
Car spaces
1,028 m²
Land
408 m²
Building
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
$1,050,000
25 Nov 2024 · derived via latest_sale
Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.
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
+69.4%
Median sale
Suburb $620,000
-1.93 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 BundabergConveniently located in a quiet cul-de-sac in Millbank, major hospitals, schools, shopping, parks, the C.B.D of Bundaberg are all within a 5- minute drive.
The home has been beautifully designed with a huge amount of time, thought and expense put into the build of this spotless home that is in as new condition through-out.
The beautifully designed home is very practical for family living and ideal for entertaining. The main living area of the home has been designed to be open and capture the cross breezes making for a very light and airy feeling. With lawn on one side of the home and an in-ground swimming pool and entertaining area on the other side of the home, the central hub being the kitchen takes it all in with the cook of the home being a part of the living.
With no expense spared the construction is reinforced concrete filled block that has been rendered for a modern but a classical look. The construction provides greater insulation qualities than the normal timber frame brick veneer construction does to further reduce the need to close the house up and turn on the air-conditioning. Air-conditioning is provided to all the four bedrooms and the main living areas if required.
Situated off the main open plan living area is a built- in bar that opens out to one of the outdoor entertaining areas overlooking the pool. For the movie buff or sporting fan the separate front lounge room that is wired for sound can become the perfect home theatre for the enthusiast.
A special and unique block with 2 street access via Isambert Lane provides access to a 2-bay shed. A full concrete driveway from Isambert Lane to the shed via a wide and secure gate. The concrete area at the back of the home behind the gate provides an area to park another vehicle that is out of site and out of harm's way.
A 3rd bathroom with outside access can be used from the pool or when in the garden or shed without trapesing through the home. The yard also has full computerized irrigation to keep the grounds looking amazing with ease.
The master suite offers a large walk in robe and the most luxurious of ensuite bathrooms featuring double vanities, a huge spa, big walk in shower and a separate toilet. For your peace of mind, you have security screens and a monitored back to base security system.
The home has the WOW factor from the moment you walk in with the best of everything from the porcelain tiles, the stone bench tops through-out, the 2- Pac cabinets, glass splash backs, a view of the pool and more. The high ceilings, amazing kitchen with pyrotechnic oven, qusair rangehood, double draw dishwasher and more the list goes on.
AT A GLANCE
Land Size:
1028 m² with 2 street access to rear 2 bay shed.
Two driveways. Two entrances.
Water- town water
Sewage- town sewage
House:
Size 408 m2
9" ceilings.
Construction- concrete filled, reinforced, concrete block on concrete slab.
Bedrooms- 4
Bathrooms- 3
Inside separate lounge rooms- 2
Dining- 1
Casual meals-1
Bar- 1
Air-conditioning units- 7- all bedrooms, formal lounge, casual meals, dining, main living area.
Outdoor areas: 2
Car- 4 (double attached lock up garage plus rear access to 2-bay shed)
Computerized irrigation.
Pool:
Concrete, in-ground, salt, heated.
Shed
2 bay- 6m x 6m
Pool pump shed.
Solar-
PV solar system
Hot water service- Solar
Swimming pool- solar heated.
Rates- $1,900 per half (approx)
The information provided is for use as an estimate only and potential purchasers should make their own inquiries to satisfy themselves of any matters.
Agent: Tim McCollum
Mobile: 0427 523 088
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 Tim McCollum, Synergy Property Specialists Bundaberg — reproduced as published, not verified by Districts.