OFF MARKET

22 Toft Street
Millbank QLD 4670

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 108m2
Land area: 809m2
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Property Details for 22 Toft St, Millbank

22 Toft St, Millbank is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1973. The property has a land size of 809m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in September 2020.

Building Type
House
Year Built
1973
Floor Size
108m2
Land Size
809m2
Local Government
Bundaberg Regional
Lot/Plan
62/RP74138

Last Listing description (November 2020)

This is an opportunity to purchase a solid brick home on an 809 m2 block in the popular suburb of Millbank. The property is currently tenanted for $283/wk and offers an opportunity to increase its value for an exceptional return.

It includes:

-2 spacious bedrooms - main with built-in robe
-Sunroom adjoining to the lounge
-Kitchen adjoining to the dining area
-Large air-conditioner to service living areas
-Single attached garage with additional workshop
-4.4 kw solar
-New roof

There is currently little opportunity knocking to secure a brick home at an entry level price, but this property is priced to do so. Surrounded by quality homes in an exclusive pocket of Millbank, this home is situated close to hospitals and not too far from town. It may very well be the perfect start or investment you have been seeking.

Property History for 22 Toft St, Millbank, QLD 4670

A timeline of how this property has performed in the market
Last Sold
$230,000
23 Sep 2020
Listed for Rent
$265/w
18 Aug 2017
  • 23 Sep 2020
    Sold for $230,000
  • 09 Jul 2020
    Listed for Sale $239,000
  • 07 Jul 2017
    Listed for Rent $265 / week
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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, 50 properties were sold in the past 12 months in Millbank.

Suburb Insights for Millbank 4670

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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.