Millicent at a glance
5,268
People
$449,500
Median sale
$315/wk
Median rent
3.64%
Suburb gross yield
Median sale from 38 recorded sales (last 12 months) — a Districts calculation.
4
Bedrooms
1
Bathrooms
3
Car spaces
1,286 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Millicent (last 5 years) with land size have a median of $353/m² of land (n=74). Districts calculation from recorded sales — not a valuation.
Millicent at a glance
5,268
People
$449,500
Median sale
$315/wk
Median rent
3.64%
Suburb gross yield
Median sale from 38 recorded sales (last 12 months) — a Districts calculation.
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 $315/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
Millicent at a glance
5,268
People
$449,500
Median sale
$315/wk
Median rent
3.64%
Suburb gross yield
Median sale from 38 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White Mt GambierSolidly positioned on a large and level allotment of approx. 1286sqm only a stones throw from the main street of Millicent, 5 White Street offers a beautiful and updated family home in a fantastic position.
Approaching the property, you're greeted by established gardens that frame a solid home oozing character and charm, complete with bullnose verandah and fixed awnings adding a touch of class, along with external roller shutters to help with comfort and security. A large entry welcomes you inside, with updated flooring that carries throughout the home.
At the front, a formal living space takes in loads of afternoon sunshine, and is equipped with a convenient electric "log" fireplace and separate panel heater, with an additional open plan living space that includes reverse cycle air conditioning at the rear of the home. Overlooking this space a renovated country style kitchen includes a 900mm free standing Belling oven with 4 cooking compartments and a large induction cooktop making it ideal for the big family feasts, a large centre island with loads of storage, plus a dishwasher.
A flexible floorplan includes three well sized bedrooms, plus an additional 4th bedroom or study adjoining the central room which offers direct external access from double French doors - if you run a small business from home, this would be an ideal option.
The heritage style bathroom includes an updated shower over bathtub, new vanity and toilet, with the convenience of an additional toilet adjoining the separate laundry space.
Outside of the home, the spacious rear patio offers Ziptrak blinds to enclose the space for use all year round, and overlooks fully fenced rear yards that include established garden beds, a fish pond (tub!) and several fruit trees. A paved courtyard provides access to two separate powered sheds, offering ideal storage for vehicles or workshop and equipment, with one including plumbing from the bore. The enclosed carport alongside the house provides remote access and secure undercover parking.
Services to the property include town water and sewer supply, with a 22,000L rainwater tank and an equipped bore to service the yards helping to ease utility costs. Bottled gas supplies the instant hot water service.
Millicent offers an array of local shops, amenities, schooling, sporting and health services, with the popular St Anthony's Catholic Primary School, Millicent and District Hospital and the Main Street all within easy walking distance of the home. A short drive will take you to popular coastal destinations in Beachport, Robe and Southend, plus well known 4x4 adventuring through Canunda or find one of the many spots to throw out a fishing line for the keen angler. The main hub of the Limestone Coast in Mount Gambier is also within 50km of Millicent, with employment opportunities, specialty services, healthcare and broader retail options available, plus a regional airport connecting to Adelaide and Melbourne.
A must for inspection, contact Alistair to arrange your viewing and don't miss out!
Additional Property Information:
Approx Property Age: 1951
Land Size: 1286sqm
Council Rates: $402 per quarter
Water Rates: $177 per quarter
Rental Appraisal: A rental appraisal has been conducted for approximately $420 - $460 per week.
RLA - 291953
Listing description written by Alistair Coonan, Ray White Mt Gambier — 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.