Beta

Millbank

  • There are around 2,499 residents living in Millbank
  • Most residents are singles, with 38% aged 60+ years old
  • Majority of homes are detached houses lived in by renters
Millbank Area Boundary Map

Property price trends

These median prices may indicate the common property values in this area and how they have changed over the last 5 years. Source: CoreLogic

$522,878

House median sale price

16.2% Growth

L

ast 12 months

$367,078

Unit median sale price

15.4% Growth

L

ast 12 months

Median price trend

This could show if the area is improving, suggesting future growth, or declining which may offer short-term buying opportunities.

Showing the trend for house prices over the last 5 years. Source: CoreLogic

Market activity

A snapshot of how quickly properties are selling in the area and how many are currently available.

12 Days

House median days on market

N/A

Unit median days on market

52 Properties

Sold in last 12 months

8 Properties

Available in the last month

Suburb snapshot

Last month Millbank had 8 properties on sale, with 52 properties being sold in the past 12 months. The median property sale price over the last 12 months for houses has been $522,878, which has increased by 16.2%. The median sale price for units has been around $367,078 and has increased by 15.4%. If you are looking to rent or are interested in purchasing an investment property, the median weekly rent for a house in Millbank is around $500 and has increased by 12.4% over the past 12 months. Meanwhile, the median weekly rent for a unit is around $355 and has increased by 4.4%.

There are around 2,499 residents living in Millbank. They are predominantly made up of singles, living in detached houses with the majority being renters. The most common occupations for locals are professionals, community and personal service workers, and labourers.

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Millbank residents

Key characteristics of the residents in the area, open the breakdown to see more detail for each category.

60+

Is the most common age range

Renters

Most common occupant type

Singles

Most common household profile

Professionals

Most common occupation

Detached Houses

Most common property type

Occupant status

This may indicate the likelihood of long term residence as owners are less likely to move. The most common are renters.

1,059

Total properties

Renters

(36%)

Outright Owners

(36%)

Mortgaged Owners

(22%)

Other

(5%)

Community Housing

(1%)

Property types

This may indicate the likelihood of you finding your ideal property type in the area. The most common are detached houses.

1,156

Total properties

Detached Houses

(75%)

Townhouses

(14%)

Apartments

(8%)

Other

(3%)

Age ranges

This may indicate what stage of life these residents are at. The most common is 60+.

Under 18

19-30

31-40

41-50

51-60

60+

Household profiles

This may indicate likelihood of noise, activity or community events based on who lives here. The most common profile is singles.

Lone Parents

Couples

Families

Singles

Other

Individual yearly income

This may indicate the affluence of individuals in the area. The average income band is $0k - $34k per year.

1,845

individuals

$0k - $34k

(57%)

$35k - $78k

(32%)

$79k - $103k

(7%)

$104k - $182k

(4%)

$182k+

(1%)

Occupations

The top 5 occupations in Millbank.

1

Professionals

2

Community and Personal Service Workers

3

Labourers

4

Technicians and Trades Workers

5

Sales Workers
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Bundaberg Council

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Explore surrounding suburbs

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