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788 Malanda Millaa Millaa Road,
Minbun QLD 4886

This property is Off Market

All about Minbun Homes for sale in Minbun


  • The Average property price in this area is $800,380, this is based on recent transactions.
  • Internet speed Download 25 Mbps / Upload 5 Mbps
  • Distance to the coast 48.36 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Potential Land Contamination risk
  • Powerlines within 200m 0
street view icon Street view
School Catchments

Property For Sale Nearby

Recently Sold Properties in this Area

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About Malanda - Yungaburra

With an average age of 46, households expect an average monthly mortgage payment of $1,200 or a weekly rent payment of $250. The average family earns a weekly income of $1,531 with a typical household size of 2.6 and a 96.36% employment rate.

In Minbun there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Minbun is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. A mix of professions and above average income earners in Minbun provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Minbun necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Minbun we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Minbun a better buying opportunity than it may have been in the past.

Public Transport

General Points of Interest


Population

(Country of Birth not stated 12%)

Are people healthy?

There are a recorded 1078 asthma sufferers and 694 people living with diabetes. In addition, 512 people have a heart/vascular condition and 943 people live with three or more chronic diseases.

A good place to invest in property?

Malanda - Yungaburra a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.

Investability - Housing Demand

Queensland State average 66 / 100

Income

11 / 100

32 / 100

Industry

20 / 100

32 / 100

Population

30 / 100

40 / 100

House Prices

49 / 100

63 / 100

Jobs

28 / 100

31 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • School Catchments
    Millaa Millaa SS Malanda SHS
  • Millaa Millaa State School

    Millaa Millaa, QLD, 4886 State Prep-6

  • Malanda State High School

    Malanda, QLD, 4885 State 7-12


Property Story

788 Malanda Millaa Millaa Road, Minbun, Qld, 4886 is a residential property . The estimated distance to the sea is 48.36km and at least 4.36KM to vegatation considered to be a factor in bushfire risk.

Local Developments

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  • 134 Acme Avenue Street, Town, State

    Description - Details the application. Type and other information pertaining to the development application and more...

    Authority Reference: UX0909823-GOV Website

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The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.


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