FOR SALE
$330,000

5447 Palmerston Highway
Millaa Millaa QLD 4886

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 878m2
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The house on the hill

This property offers a fantastic opportunity to investors only! with a calculated ROI of 7.05%.
Presented to the market is this rural property, located at the edge of town on the picturesque Atherton Tablelands. Displaying 3 bedrooms, one bathroom, foyer, large kitchen area as well as a very spacious laundry area, this home is perfect to rent to a young or growing family as Millaa Millaa still has that small town feel of friendly locals and safe neighborhoods.
The home was built entirely from exquisite hardwood timber cut locally from the Millaa Millaa timber mill. Two additional sheds/workshops are also part of the 878m2 block as well as a small garden shed. Only walking distance to amenities, shops as well as the local primary school.
Fantastic investment opportunity ROI of 7.05%
3 Bedrooms
1 Bathroom
878m2 block
Short distance to amenities
Rural living

Property Details for 5447 Palmerston Hwy, Millaa Millaa

5447 Palmerston Hwy, Millaa Millaa is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 878m2. The place is currently for sale with @realty.

Building Type
House
Land Size
878m2

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About Millaa Millaa 4886

The size of Millaa Millaa is approximately 61.5 square kilometres. It has 3 parks covering nearly 3.8% of total area. The population of Millaa Millaa in 2011 was 598 people. By 2016 the population was 535 showing a population decline of 10.5% in the area during that time. The predominant age group in Millaa Millaa is 50-59 years. Households in Millaa Millaa are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Millaa Millaa work in a managers occupation. In 2011, 69.6% of the homes in Millaa Millaa were owner-occupied compared with 75.1% in 2016.

Millaa Millaa has 359 properties. Over the last 5 years, Houses in Millaa Millaa have seen a 52.31% increase in median value, while Units have seen a 327.03% increase. As at 31 October 2024:

  • The median value for Houses in Millaa Millaa is $341,470 while the median value for Units is $331,895.
There are currently 17 properties listed for sale, and 1 property listed for rent in Millaa millaa on OnTheHouse. According to CoreLogic's data, 7 properties were sold in the past 12 months in Millaa millaa.

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Susanne Reynolds
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