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QLD › Millbank › Payne St

55 Payne St, Millbank QLD 4670

House

3

Bedrooms

2

Bathrooms

9

Car spaces

1,700 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLand 1,700 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Millbank (last 5 years) with land size: median $582/m² of land (n=95). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

No recorded sale price for this property yet.

Local land rate: recorded House sales in Millbank (last 5 years) with land size have a median of $582/m² of land (n=95). 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.

See the full Millbank report →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

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

Property history

  1. Soldprice unknown5 Oct 2022
  2. Listedprice unknowncompleted12 Aug 2022

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

QLD

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Millbank in one glance

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.

See the full Millbank report →

Keep researching

  • Why Millbank? Read the area thesis →
  • What else is on the market in Millbank →
  • Other records on Payne St →

Listing material

Listed by Real Estate Yourself

CHARACTER HOME, LARGE BLOCK, MASSIVE SHED, CLOSE TO EVERYTHING…. WHO SAID YOU CAN’T HAVE IT ALL?!

Phone Enquiry Property ID: 1789 (Quote when calling or texting)

LOOKING FOR SOMETHING A LITTLE DIFFERENT?

This stunning late 70’s architectural home has been sympathetically modernised to maintain its original warmth and intrigue, while keeping up with todays style of living.

Read the full description

Generous proportions encompass every aspect of the property – a feature increasingly hard to come by with the modern trend of shrinking block sizes and rising build costs.

An exposed aggregate driveway leads you to the attached, high clearance, 3 bay garage with remote controlled panel lift doors, and front entrance.

As you enter the private front door, you are greeted by a wide hallway and your open plan large kitchen, dining and living space, bathed in the morning sunlight.

Below the towering brick pillars, cathedral ceilings and expansive orogen beams, you will also find a second living area, large bathroom with dual shower and hidden laundry, double sized bedroom with BIR, and a separate office.

The mezzanine floor maintains connection between the upstairs and downstairs, adding a fun element and perspective.

Access to the upstairs bedrooms and bathroom are via the mezzanine catwalk.

At one end, through its tall double doors is the first of 2 large bedrooms – of which both are fitted with roller shutters - with BIR and access to the vast attic space.

At the other end, through solid doors of the same, rests the even larger master suite.

With custom fitted walk through wardrobe through to the well-lit bathroom, you can get ready anytime without a worry about partner disturbance.

Enjoy a glass of wine as you relax in the “solid surface” 1700cm long bathtub. Its durable stone like material absorbing and holding the water warmth for those extra long soaks.

A separate adjoining toilet allows you to luxuriate undisturbed in the semi-frameless shower with “satinjet” rain head and handpiece.

Outside you are welcomed by the established, low maintenance gardens, and state-of-the-art automated watering system to keep your “tif tuf” turf looking its best.

Easy vehicle access to the rear of the fully fenced, flood free, 1700m2 block, where the massive 15x7.5m under roof shed space resides, boasting connectivity available for 3 phase power, an abundance of power points and lights, and internet/wifi.

The level pad beside the shed awning awaits your caravan, trailer or large boat.

Enjoy a leafy outlook from any position of the undercover outdoor entertainment area.

Convenient servery windows to the kitchen, ample lighting and power, and flued brick bbq fireplace will have you enjoying the outdoors anytime of the year!

Fantastic location on a quiet street.

Safely walk to the local primary school, Sugarland shopping centre and tavern, or just a short drive to the medical precinct or Bunnings and other major retailers, plus quick access to major roads both into and out of town.

Other features of the property include:

3kw solar with 7+ years of warranty remaining in inverter

315L hot water service – only 2 years old

2x rainwater tanks

Glazed terracotta roof tiles

Freshly professionally painted

Fast nbn connection, and 'cat6' cabling inside and out

Split system air conditioning in all the bedrooms and main living area

Adjustable louvre awnings

Security screens throughout

Caesarstone benchtops

5 burner gas stovetop; electric dual oven

Dishwasher

Under sink plumbed water filter system

Porcelain tiles

Quality plush carpets 3 years young

SO. MUCH. STORAGE!

The hard work has been done!

Move in and relax in this well maintained, unique, quality home, and enjoy the space it has to offer…

Or add your stamp with a studio, spa or pool… or all 3… (STCA)

This truly is a property that must be seen to be appreciated!

Contact Emma to arrange a private viewing.

Listing description written by Real Estate Yourself, Real Estate Yourself — reproduced as published, not verified by Districts.

Property features

  • Broadband
  • Built-in Robes
  • Dishwasher
  • Ensuites: 1
  • Fully Fenced
  • Living Areas: 2
  • Outdoor Entertaining
  • Remote Garage
  • Secure Parking
  • Shed
  • Solar Panels
  • Study
  • Toilets: 2
  • Water Tank
  • Workshop
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.