Thinking about buying in Millbank? Now could not be a better time, with 1366 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $401,000 with prices in this suburb ranging from $66,000 to $1,421,000. The aproximate distance to the coast is 12 Km.
Household Makeup
| Median Weekly Rent | $276.67 |
| Median Monthly Mortgage | $1152.67 |
| Median Persons Per Bedroom | 0.73 |
| Average Household Size | 2.33 |
| Average Age | 45.00 |
| Average Income | $578.67 |
| Average Cars Per Dwelling | 1.59 |
| Average Properties Within 50M | 9 |
Housing Stock
Average Property Prices
| 1 Bed $313,000 |
| 2 Bed $296,000 |
| 3 Bed $404,000 |
| 4 Bed $581,000 |
| 5 Bed $605,000 |
| 6 Bed+$533,000 |
Millbank Real Estate Market Outlook
In Millbank 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 Millbank 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. Low average earnings from people in Millbank leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Millbank the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
Local Schools
Bundaberg West State School
Avoca State School
St Patrick's Catholic Primary School
Norville State School
Tom Quinn Community Centre Alternative School
Coral Coast Christian School
Bundaberg Special School
Bundaberg North State School
Bundaberg Central State School
Bundaberg North State High School
(While the above schools are located with the suburb of Millbank there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Millbank weather - Average Local Climate by month
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 4.0 | 20.8 | 28.8 | 60.0 | 88.6 | 5.2 | 24.1 |
| Feb | 10.5 | 20.1 | 28.1 | 60.8 | 91.2 | 4.5 | 19.3 |
| Mar | 11.9 | 18.9 | 26.7 | 63.1 | 92.5 | 4.5 | 15.8 |
| Apr | 4.3 | 15.2 | 24.7 | 56.4 | 92.5 | 3.8 | 14.9 |
| May | 3.0 | 12 | 22.6 | 52.9 | 92.2 | 3.4 | 12.3 |
| Jun | 3.3 | 9.8 | 20.1 | 54.0 | 91.5 | 3.7 | 11.0 |
| Jul | 1.1 | 7.7 | 20.2 | 47.3 | 92.9 | 3.4 | 12 |
| Aug | 1.7 | 8.0 | 21.2 | 43.0 | 92.0 | 3.7 | 15.2 |
| Sept | 2.1 | 11.3 | 22.9 | 46.7 | 90.2 | 4.5 | 17.7 |
| Oct | 3.5 | 14.0 | 24.1 | 53.8 | 90.7 | 4.6 | 20.7 |
| Nov | 1.2 | 16.5 | 26.5 | 49.8 | 87.5 | 5.1 | 24.9 |
| Dec | 6.5 | 19.0 | 27.4 | 57.9 | 88.5 | 5.2 | 23.0 |
source: Australian Government Bureau of Meteorology
Recently Sold Properties / House Prices
| 21-07-2023 | $846,500 | 310 BILLYBYANG CREEK RD |
| 07-06-2022 | $455,000 | 311 SUNDOWNER RD |
| 17-05-2022 | $340,000 | 1363 HICKEYS CREEK RD |
| 28-07-2021 | $465,000 | 201 SUNDOWNER RD |
| 10-05-2021 | $600,000 | 411 HICKEYS CREEK RD |
| 13-04-2021 | $225,000 | 1890 HICKEYS CREEK RD |
| 22-04-2020 | $1,020,000 | 749 HICKEYS CREEK RD |
| 05-03-2018 | $295,000 | 4 HICKEYS CREEK RD |
| 01-02-2018 | $332,500 | 310 BILLYBYANG CREEK RD |
| 31-05-2017 | $400,000 | 201 SUNDOWNER RD |
| 06-07-2016 | $282,500 | 310 BILLYBYANG CREEK RD |
| 15-07-2015 | $130,000 | 241 SUNDOWNER RD |
| 22-01-2013 | $115,000 | 448 HICKEYS CREEK RD |
| 19-09-2012 | $175,000 | 391 SUNDOWNER RD |
| 21-06-2012 | $235,000 | 4 HICKEYS CREEK RD |
| 17-10-2011 | $105,000 | 220 SILVERMOON LANE |
| 05-10-2011 | $297,500 | 172 SUNDOWNER RD |
| 28-01-2011 | $440,000 | 201 SUNDOWNER RD |
| 27-11-2009 | $630,000 | 749 HICKEYS CREEK RD |
| 12-03-2009 | $230,000 | 69 SUNDOWNER RD |
| 04-02-2009 | $178,000 | 1429 HICKEYS CREEK RD |
| 11-05-2007 | $1,270,000 | 254 HICKEYS CREEK RD |
| 10-05-2007 | $125,000 | 241 SUNDOWNER RD |
| 28-09-2006 | $10,000 | 1429 HICKEYS CREEK RD |
| 10-03-2006 | $100,000 | 311 SUNDOWNER RD |
| 18-01-2006 | $200,000 | 1391 HICKEYS CREEK RD |
| 18-11-2005 | $166,000 | 1367 HICKEYS CREEK RD |
| 03-05-2005 | $320,000 | 1786 HICKEYS CREEK RD |
| 05-01-2005 | $116,667 | 53 SILVER MOON LANE |
Internet Speed
Download 25 Mbps / Upload 5 MbpsNearby Suburbs
Public Transport
Macksville - Greater then 10KM
Nambucca Heads - Greater then 10KM
Eungai - Greater then 10KM
Kempsey - Greater then 10KM
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