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.
SA › Millicent › Banya South Rd
$850,000
For sale
Asking
3
Bedrooms
2
Bathrooms
5
Car spaces
48,562.277 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
Asking
$850,000
Asking · $18/m² of land
No recorded sale for this property.
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.
Vs Millicent
+89.1%
Median sale
Suburb $449,500
-1.71 pp
Gross yield
Suburb 3.64%
Suburb median $449,500 from 38 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$53,033 on top of the price (6.2% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: South Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Millicent's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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.
Gross yield if leased at the suburb aggregate is 1.9%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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 MillicentSet on approximately 12 acres with rural zoning, this lifestyle property is ideal for horse lovers and those seeking space and tranquility.
Conveniently located just a 6-minute drive to Millicent and 25 minutes from the coastal charm of Beachport, it offers the perfect blend of country living and accessibility.
The arable land is thoughtfully set up for horses, with ample space to also run a few sheep.
The brick veneer home, built in 1982 and with some recent updates, is privately positioned away from the road and surrounded by established gum trees, lush lawns, and well-maintained gardens.
Inside the Home:
• Freshly painted throughout (excluding the main bedroom)
• Fully renovated kitchen featuring Omega appliances, including an electric oven, ceramic 4-burner cooktop, range hood, and dishwasher, plus generous storage with drawers and pantry
• Spacious L-shaped lounge and dining area with brand-new vinyl plank flooring and carpet, kept comfortable year-round with a slow combustion wood fire and reverse cycle split system
• New carpet extending through the lounge, hallway, and all three bedrooms
• Master bedroom with wall-to-wall built-in robes, new curtains, and updated ensuite with new toilet, vanity, shower, and tapware
• Main bathroom upgraded with near new vanity, shower screen, and tapware, plus a bath with updated fittings
• Separate toilet and laundry with new trough, brand-new hot water system, and direct access to the rear veranda
Outdoor Features:
• Paved pergola/entertaining area with power, lighting, and fernery
6m x 12m galvanised iron shed with concrete floor, power, two sliding doors, two personal access doors, and additional rear storage
•Adjoining open hay/tack area, one powered stable, and a single carport
• Two additional stables, each with their own yards
• Three large paddocks plus a smaller paddock around the house block
• Water troughs in three paddocks and a horse shelter in the smaller paddock
• Round yard and electric fencing (unit in pump shed; some fencing requires replacement)
• Pop-up sprinkler system servicing lawn areas at the front and rear of the home
• Rainwater with filtration supplying the house (excluding toilets) and the equipped bore supplies water to the toilets, the gardens, and troughs. It also has the option to switch from rainwater to bore in the home if required.
This is a fantastic opportunity to secure a well-equipped rural lifestyle property, ready for horses and peaceful country living.
Listing description written by Kerry Smith, Elders Real Estate Millicent — reproduced as published, not verified by Districts.