SOLD
Sold on 22 Mar 2024 for $628,000

61 Payne Street
Millbank QLD 4670

Bedrooms: 3
Bathrooms: 1
Car spaces: 5
Floor area: 128m2
Land area: 1576m2
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Property Details for 61 Payne St, Millbank

61 Payne St, Millbank is a 3 bedroom, 1 bathroom House with 5 parking spaces and was built in 1972. The property has a land size of 1576m2 and floor size of 128m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 3 bedroom House sold in Millbank in the last 12 months.

Building Type
House
Year Built
1972
Floor Size
128m2
Land Size
1576m2
Local Government
Bundaberg Regional
Lot/Plan
19/B158185

Last Listing description (May 2024)

The Complete Dual Living Package - Pool, Shed, Granny Flat On A Monster Allotment!

Looking to upsize & combine households? Wanting to give the eldest child in the family a bit of independence & space? Wanting to offer your guests privacy when they visit? Perhaps you're an astute investor looking for a big return?! Well, the options are endless here & with what else is on offer besides the accommodating dual living set up, you'll be impressed!

Located on an expansive 1,576sqm flood free block in Millbank, you'll find an updated lowset three bedroom, brick home. Internally, you're welcomed into the living area via the front porch before entering into the airconditioned dining room as well as the updated & well appointed kitchen. Head left & up the hallway to find three spacious bedrooms, the renovated bathroom, separate shower & toilet which then leads into the hallway with glowing timber floors a feature.

Exit outside to be overjoyed by the spacious outdoor area inclusive of a built in BBQ area, making for the ideal entertaining space all year round. Across from this area is a double bay garage in addition to an additional granny flat option / rumpus room.

Inside this area is an open room with plenty of room for a kitchenette to allow for an eat-in kitchen all the while have plenty of space for a second living area. Head towards the back of the room to find a spacious bedroom which also boasts its own ensuite.

But wait, there's more! Continue on outside to enjoy the pool, plenty of yard remaining for the kids to kick the footy around as well as the finishing touch of an awesome 6x9m shed. With the endless options & all that is on display here, it is safe to say you'll need to be quick to snatch this one up! Contact Bundaberg's favourite Real Estate Team - Brent Illingworth & Ethan McGowan - to take control of this fantastic opportunity.

RENTAL APPRAISAL - Rental return expected to be $620+ per week. Ask Brent or Ethan how to go about getting placed in touch a member of the RealWay Property Management Team who are more than happy to discuss the rental options with you one-on-one in a personalised fashion.

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

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Property History for 61 Payne St, Millbank, QLD 4670

A timeline of how this property has performed in the market
Last Sold
$628,000
22 Mar 2024
  • 22 Mar 2024
    Sold for $628,000
  • 21 Feb 2024
    Listed for Sale Offers Above $619,000
  • 23 Dec 2013
    Sold for $316,000
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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 1,205 properties. Over the last 5 years, Houses in Millbank have seen a 112.81% increase in median value, while Units have seen a 86.80% increase. As at 30 September 2024:

  • The median value for Houses in Millbank is $498,287 while the median value for Units is $377,426.
  • Houses have a median rent of $500 while Units have a median rent of $375.
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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