OFF MARKET

5 Johnston Street
Millbank QLD 4670

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 132m2
Land area: 1531m2
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Last updated 11 Nov 2024
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Property Details for 5 Johnston St, Millbank

5 Johnston St, Millbank is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 1531m2 and floor size of 132m2. While the property is not currently for sale or for rent, it was last sold in October 2014.

Building Type
House
Year Built
1960
Floor Size
132m2
Land Size
1531m2
Local Government
Bundaberg Regional
Lot/Plan
51/RP806083

Last Listing description (December 2014)

UNDER CONTRACT - LAND BANK AND BAG THE RENT
This 3 bedroom home sits on 1531m2 which boasts opportunity for future development. It's a minute walk to Hungry Jacks and close to Sugarland.
The house has been refreshed with a recent (18mth old) colourbond roof; has a new kitchen with stainless steel appliances and a new bathroom. Rooms have lovely high ceilings and have fans throughout. Refurbishment included new A/C in Lounge/Dining area & Hot Water Service was replaced in 2010.

The property was last rented at $290 pw - It's waiting for you to decide whether you move in; rent it out while you investigate it's development potential.
The property boasts 3 large bedrooms; high ceilings; fans and one has BIR. The entry is big enough to be used as office or additional sun room.
The house is lowset on steel stumps.
The astute investor would recognise the value of the land size, especially when multiple dwelling lots adjoin and are close-by to this block.
Snap up this opportunity now and either enjoy living in this convenient location or rent it out while you consider the future potential; OR just use it as your own family home and enjoy the massive grounds.
Blocks this size in convenient part of town won't last long - ring now for an inspection.
Property Code: 1383577

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Property History for 5 Johnston St, Millbank, QLD 4670

A timeline of how this property has performed in the market
Last Sold
$230,000
04 Oct 2014
Listed for Rent
$290/w
12 Jun 2014
  • 04 Oct 2014
    Sold for $230,000
  • 21 Jun 2014
    Listed for Sale 229000
  • 29 Apr 2014
    Listed for Rent - Price not available
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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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