36 River Tce, Millbank is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 1012m2. While the property is not currently for sale or for rent, it was last sold in November 2012.
Do Up or Demolish
Millbank is a great location, a very sought after area with Hospitals being so close. It s an easy, short drive to Sugarland Shopping town or into the CBD. The 1,012 square metre block lends itself to an ideal development opportunity (STCA), new modern units in this area would be a sure winner.
Currently a three bedroom fibro home exists on the property with an old shed. The house is in need of renovations, which could be made into a good first home or great renter. Rental properties are high in demand, with some hard work you could give this home a face lift and have yourself a great rental property for your portfolio.
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:
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