16 River TerraceMillbank QLD 4670
Property Details for 16 River Tce, Millbank
16 River Tce, Millbank is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 1012m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in October 2012.
Last Listing description (October 2016)
MASSIVE investment opportunity walking distances to hospitals, retirement villages and shops. Features include:
Opportunity to develop (STC)
Returning $280 p/w (6.06% Rental Return)
Polish Timber Floors
Split system A/C and fans
New roof and guttering + concrete stumps
Act now for your chance to purchase a fantastic opportunity and investment.
Property History for 16 River Tce, Millbank, QLD 4670
- 09 Oct 2012Sold for $228,000
- 02 Jun 2012Listed for Sale $259,000
- 08 Dec 2010Listed for Sale $259,000 NEG
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About Millbank 4670
The size of Millbank is approximately 3.4 square kilometres. It has 4 parks covering nearly 7.8% of total area. The population of Millbank in 2011 was 2,601 people. By 2016 the population was 2,516 showing a population decline of 3.3% in the area during that time. The predominant age group in Millbank is 60-69 years. Households in Millbank are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Millbank work in a professional occupation. In 2011, 60.4% of the homes in Millbank were owner-occupied compared with 55.7% in 2016.
Millbank has 1,209 properties. Over the last 5 years, Houses in Millbank have seen a 118.49% increase in median value, while Units have seen a 80.01% increase. As at 31 October 2024:
- The median value for Houses in Millbank is $509,231 while the median value for Units is $368,389.
- Houses have a median rent of $500 while Units have a median rent of $355.
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