OFF MARKET

36 River Terrace
Millbank QLD 4670

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 1012m2
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Property Details for 36 River Tce, Millbank

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.

Building Type
House
Land Size
1012m2
Local Government
Bundaberg Regional
Lot/Plan
14/RP13416

Last Listing description (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 current owner must sell as his plans have dramatically changed. His missed opportunity could be your lucky day. Motivation is high and we seek all offers.

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Property History for 36 River Tce, Millbank, QLD 4670

A timeline of how this property has performed in the market
Last Sold
$174,000
24 Nov 2012
  • 24 Nov 2012
    Sold for $174,000
  • 17 Nov 2012
    Listed for Sale 179000
  • 30 Nov 2009
    Sold for $170,500
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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 1,208 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 2 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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