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Investment Property Millbank, QLD, 4670

Suburb Snapshot

Millbank is a suburb in the Bundaberg Region of Queensland. Millbank has a population of 2,516 people and 34.35% of its occupants live in rental accommodation. The median listing price for houses is $519,000 and this has changed 23.86% over the past year and changed 40.27% over 2 years.

The median rent in Millbank for houses is $540 per week and the median rental yield is 5.41%. Stock on the market for houses/townhouses has changed -33.33% compared to last year and the average time to sell a house/townhouse is 58 days.The median listing price for units is NA and this has changed NA over the past year. The average unit takes NA days to sell and the median rent for a unit in Millbank is $400 per week, producing a rental yield of NA.

Supply & Demand in Millbank, Bundaberg

0.73%

Current vacancy rate


9

Rental stock available


2,516

Population


34.35%

Rental population


0.58%

Current vacancy rate


283

Rental stock available


92,892

Population


24.63%

Rental population


0.87%

Current vacancy rate


20,720

Rental stock available


4,703,187

Population


29.39%

Rental population


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Statistical data for Millbank, Bundaberg

  House Townhouses Units
Median listing price $519,000 NA NA
Median price change - last quarter 4.00% NA NA
Median price change - 1 year 23.86% NA NA
Median price change - 2 years 40.27% NA NA
  House Townhouses Units
Median weekly rent $540 NA $400
Median yield % 5.41% NA NA
Median rent change - 1 year 12.50% NA NA
  House Units
Previous month sales 3 0
Stock on market previous month 10 3
Stock variance vs. last year -33.33% 200.00%
Average days on market 58 NA

Millbank investment property listings

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