OFF MARKET

2/31 Payne Street
Millbank QLD 4670

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 90m2
Land area: 79m2
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Property Details for 2/31 Payne St, Millbank

2/31 Payne St, Millbank is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 79m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in December 2020.

Building Type
Unit
Year Built
1980
Floor Size
90m2
Land Size
79m2
Local Government
Bundaberg Regional
Lot/Plan
2/SP205505

Last Listing description (June 2024)

Welcome to your new cozy haven at 2/31 Payne Street, Millbank! This delightful 2-bedroom unit offers a comfortable and convenient lifestyle in a highly sought-after location.

You are first introduced to this unit by the air-conditioned open plan dining, kitchen and living area, enjoy the freedom of seamless living with this modern layout! Following through are the two generous sized bedrooms - both of which have built in wardrobes and air conditioning. You then are brought to the bathroom with shower and separate toilet which is located off the laundry.

This unit also offers a small backyard, fully fenced, perfect for morning coffees or evening barbecues. There is a single covered carport off the unit for convivence and secure off-street parking.

Not only does this unit have a lot to offer inside, it's location in the heart of Millbank conveniently accesses you to public transport, local amenities, parks, schools and gyms. Enjoy the vibrant community atmosphere while still being within reach of everything you need.

For further information, please contact our friendly team today or apply online!

**IMPORTANT INFORMATION**
APPLICATION CRITERIA
You must meet the following criteria before we can process your application:
Your affordability for a property is based on a minimum of approximately 30% of your total/combined income or proof of affording a similar property;
100 points of ID are required, only applications with the correct 100 points and supporting documents required will be processed;
Please ensure all applicants over 18 have submitted individual applications.

**The information provided is to be used as an estimate only. All potential applications should make their own enquiries to satisfy themselves as to any due diligence required.***

Property History for 2/31 Payne St, Millbank, QLD 4670

A timeline of how this property has performed in the market
Last Sold
$138,000
08 Dec 2020
Listed for Rent
14 Jun 2024
  • 03 Jun 2024
    Listed for Rent $350 / week
  • 08 Dec 2020
    Sold for $138,000
  • 06 Dec 2019
    Listed for Sale REDUCED TO $149,000
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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.
There are currently 3 properties listed for sale, and no properties listed for rent in Millbank on OnTheHouse. According to CoreLogic's data, 51 properties were sold in the past 12 months in Millbank.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.