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.
4
Bedrooms
2
Bathrooms
3
Car spaces
1,619 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 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.
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 $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.
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
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.
Listing material
Listed by Ray White Bundaberg CityIf you want location, then you have found your home!!!
The home is set back off the road on the high side of Millbank on 1619m2 of land, rare to find in the middle of town.
Fully fenced with beautiful landscaped gardens, solid hardwood construction, built approximately in the 1980's. This property will not last long as it would suit a large family, or extra space for the in-laws and if you are someone that works from home, it features a massive room at the rear of the property which is lined, carpeted, air conditioned with internet connection, plus it has a separate entrance too.
The number of options this property offers is amazing! They don't build homes like this anymore!!!!!
Close to Schools, Stockland Shopping Centre and all amenities.
As soon as you walk into the home, it has that homely feel, built on three levels, providing privacy for all the family. It consists of 4 bedrooms in total, with the main king size bedroom with walk in robe, bathroom and an adjoining parents retreat upstairs.
The other 3 queen sized bedrooms are located downstairs in the south wing, with 2 bathrooms, and laundry area and a rumpus area that could also be converted to another bedroom, the possibilities are endless.
The home has a large kitchen with a built in servery, so no need to come in and out when having a party outside. If you are not cooking inside, you have the option to enjoy a BBQ whilst overlooking the huge saltwater inground pool. It even has a beautiful courtyard to enjoy your morning coffee, with an established vegie garden.
There are two other rooms on the first level that could be used as a craft room or office, plus four large living areas, separate rumpus/billiards room with built in cupboards throughout the home plus a built-in bar. This home even has a manhole near the front entrance, big enough for anyone to stand in, so extra storage is everywhere.
A huge highlight of this property is the open plan living area with raked ceilings, which gives you that feeling of space and light and cross ventilation on those hot summer days.
The home has a single large garage in front, plus a double side gate to the garage and storage out the backyard, plus another carport at the rear of the property for the boat.
In this current market, homes like these are rare, if the 80's décor is not to your liking, then a bit of paint would do the trick, otherwise there is nothing to do, but to move in.
The owners are downsizing as the kids have left home. The rental appraisal for this beautiful home if you're not ready to move in straight away is approximately $550 - $600 per week.
The owners have also had a recent building and pest inspection completed, so buyers can see for themselves the home is in good condition for its age.
A "rare as hen's teeth' ultimate large family home that would suit so many buyers wanting location, extra room and many options.
At a glance:
- Split level home, set on 1619m2
- Large functional kitchen with servery
- Open plan dining, living and lounge room with raked ceilings
- 4 bedrooms in total or convert to 5 bedrooms if needed
- 4 living areas plus 2 other rooms for craft/office
- Huge parents retreat
- Powered garage at front and rear with extra storage and carport
- Double gate side vehicle access to the rear yard
- Large room with separate entrance at rear of garage, office/gym area
- Fully fenced allotment at rear of property, extremely private
- Solar Hot Water System
- Solar panels on garage roof
- Fans/Air-conditioning throughout the home
- Almost new sand filter for the salt water inground pool
Distance to Facilities:
- 700m to Avoca State School
- 1.6km to Stockland Shopping Centre
- 3.1km to Bundaberg Airport
- 3.4km to CQ University Bundaberg
- 3.9km to Hinkler Shopping Centre
- 3.9km to Bundaberg CBD
- 1.7km to Mater Hospital
- 2.4km to Bundaberg Base Hospital
- 3km to Friendlies Hospital
Rates: Approx $2,000 for half year including water usage
Recent Building & Pest Inspection completed on 23rd July 2021
Rental: $550.00 - $600.00 per week
Contact Exclusive Listing Licensed Agent/Auctioneer Barbara Burstall on 0423 182 450 for further details or to arrange a private inspection.
Offers Above $599,000.00
Listing description written by Barbara Burstall, Ray White Bundaberg City — reproduced as published, not verified by Districts.