Millmerran at a glance
1,598
People
$869,000
Median sale
$270/wk
Median rent
1.62%
Suburb gross yield
Median sale from 5 recorded sales (last 24 months) — a Districts calculation.
QLD › Millmerran › Lola Ave
$255,000
Last sold
29 June 2021
4
Bedrooms
1
Bathrooms
1
Car spaces
1,016 m²
Land
214 m²
Building
Districts View
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
$255,000
29 June 2021 · derived via latest_sale
Local land rate: recorded House sales in Millmerran (last 5 years) with land size have a median of $109/m² of land (n=3). Districts calculation from recorded sales — not a valuation.
Millmerran at a glance
1,598
People
$869,000
Median sale
$270/wk
Median rent
1.62%
Suburb gross yield
Median sale from 5 recorded sales (last 24 months) — a Districts calculation.
Vs Millmerran
-70.7%
Median sale
Suburb $869,000
+3.89 pp
Gross yield
Suburb 1.62%
Suburb median $869,000 from 5 recorded sales (last 24 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 $270/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
Millmerran at a glance
1,598
People
$869,000
Median sale
$270/wk
Median rent
1.62%
Suburb gross yield
Median sale from 5 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by Buy My PlacePhone Enquiry ID: 217399
Tastefully renovated home with 3 spacious bedrooms and a 4th room that is spacious enough for a 4th bedroom and has been used as both a study and now a play room. The home features built in cupboards with drawers, shelves and hanging space; and blockout blinds and curtains in all bedrooms. The master boasts a full wall of floor to ceiling built ins with drawers,shelves, shoe storage and hanging space and cupboards above to store larger items such as suitcases. There is a huge linen cupboard in the hall and the kitchen features a massive pantry, pull out basket drawers, upright stove with ceramic cooktop, appliance cupboard, pot drawers and brand new dishwasher.
The laundry is recently renovated and contains storage and a 2nd toilet, which is conveniently located at the back of home just inside the back door, perfect for barbecues and dropping off bags, etc. There are new hybrid timber look floors throughout the home with carpet in bedrooms.
The renovated bathroom contains a modern vanity, shower over the bath, toilet, extractor fan and heat lights.
The home has space for a large dining table and study nook in the living space.
Cooling is provided by split system airconditioning (recently serviced), in living area and master bedrooms and there are ceiling fans in all bedrooms and living. A slow combustion fire place provides lovely heat throughout the winter.
A ten panel solar system helps to reduce electricity costs to the home.
Outdoors there is a very private and spacious outdoor area which is gated off to the back yard. The concrete floor extends into the attached garage which is accessible through a sliding door. The lined garage has shelving space at the rear and a remote controlled roller door.
Two 5500 gallon tanks supply plenty of rainwater to the home. There is a water filtration system setup and the house can easily be turned over to mains water supply via the simple changeover system.
The back yard features beautiful shade trees, a tree house/fort and garden beds. The garden shed has a chicken coop and separate run attached. This area could easily house dogs and there is a 1000lt water tank attached for easy water supply.
Located on a corner block within a quiet neighbourhood, the home is within easy walking distance to the State School, childcare centre, doctor, hospital, sports centre, pool and Foodworks.
This home has had many hours of love put into it and is ready for new owners to love it too!
Listing description written by buyMyplace, Buy My Place — reproduced as published, not verified by Districts.