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.
3
Bedrooms
1
Bathrooms
2
Car spaces
810 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 GambierRay White Mount Gambier are proud to present to market 7 Walker Street in Millicent. Offering immediate charm and appeal this property will suit a range of buyers including first home owners, downsizers or the astute investor alike.
Nestled on a generous 810m² (approx.) allotment offering a fantastic rural outlook, this inviting home offers a harmonious blend of space and functionality. Boasting three well-appointed bedrooms, one with built-in robes, this property from start to finish is an oasis of comfort and convenience.
The property offers a spacious formal lounge room upon entry equipped with a slow combustion heater and a heating and cooling split system. Flowing further into the home presents a versatile and welcoming eat in kitchen overlooking the rear yard fitted with electric cooking and an array of cupboard and bench space. Throughout the entire home you will find appealing and modern flooring designed to offer a contemporary look to those high traffic areas.
The ultra functional bathroom offers the convenience of a separate bath and shower with an updated vanity cupboard recently installed.
Outside the home you will find a partially enclosed North facing pergola offering space and convenience perfect for outdoor living or entertaining whilst also constructed with high clearance specifically designed to house a caravan or boat should you desire.
Beautifully manicured lawns and gardens both front and back offer immediate street appeal whilst also being very low maintenance should you desire a more lock and leave lifestyle. The rear yard also offers a 10m X 7m (approx.) concrete floored shed as well as 5KW of solar.
Millicent is a vibrant country town situated approximately 400kms from Adelaide, 50kms from Mount Gambier and 35kms from the popular coastal town of Beachport and all set just a stone's throw away from essential amenities, schools, parks, and more. An inspection is highly recommended to truly appreciate everything this property offers.
To learn more about this property and the wonderful residential area, contact Malcolm and Alistair and the team at Ray White Mount Gambier. Phone directly to book your viewing and avoid disappointment.
RLA 291953
Additional Property Information:
Age/built: approx. 1974
Land Size: 810sqm
Council Rates: approx. $243 per quarter
Rental Appraisal: A rental appraisal has been conducted of approximately $280 - $300 per week
Listing description written by Malcolm Lewis, 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.