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
4
Car spaces
1,013 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
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
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 Elders Real Estate South EastAUCTION Friday 29th April @ 11am onsite (Vendor reserves the right to sell prior)
This home is a solid limestone build with external roller shutters, aluminium & timber framed windows and a galvanised iron roof and is set on a large allotment of approximately 1013m2.
Positioned within a short walk to main street, childcare centre, kindy, primary school, the mega playground, skatepark, bowling green, football oval/netball courts and the local library.
This home has only had one owner and it still oozes character with its original features and has loads of potential to restore or modernise to your taste.
A wide entrance hallway leads you into the living room and the master bedroom.
The spacious living room features a slow combustion wood fire to keep you warm in the winter months and a reverse cycle air conditioning unit for the summer.
Deco double opening timber & glass panel doors opens to the small passage way that leads you to the 2nd & 3rd Bedroom, the main bathroom and the dine-in kitchen.
3 carpeted bedrooms are very spacious, and the main bathroom has a vanity unit and shower over the bath.
The dine-in kitchen is huge with gas stove and plenty of room to add more cabinetry.
The mudroom is located at the back of the home just off the kitchen/dining and leads to the 4th bedroom and the laundry and 2nd bathroom in one, which boasts a second shower and the separate adjoining toilet.
External roller shutters feature on the living room, kitchen and all 4 bedroom windows.
The home has rainwater to the kitchen, town supply to the remainder of the home and an equipped bore that waters the garden & surrounds.
The property has double driveways with one side to the single carport and the adjoining stone single garage (with power & concrete flooring) and the other side has access through double gates to the rear yard.
The house yard has a greenhouse attached to the stone garage for all the avid green finger gardener and the rear yard behind has a large garden shed with concreted flooring, open GI shed and fruit trees. There is still plenty of room if you are wanting to add a big shed (STCA).
This is a significant home on a large block in a fantastic location, so don't miss this opportunity!!
Contact Kerry Smith for further information.
Please note: The form 1 - Vendors Statement (Section 7) Land & Business (Sale and Conveyancing) Act 1994 will be available to the public at Elders Real Estate Millicent at Cnr Glen Street & Railway Terrace, Millicent SA 5280 for 3 clear business days prior to the Auction day.
Listing description written by Kerry Smith, Elders Real Estate South East — reproduced as published, not verified by Districts.