Overview
This charming lowset colonial home in Millbank perfectly balances timeless appeal with practical living, ideal for families and investors seeking comfort and potential income. Set on a fully fenced 508 sqm block, the property offers privacy and low maintenance, enhanced by an automatic sliding gate. The quality timber construction underpins the home's warmth and durability, complemented by glossy hardwood timber floors throughout.
Generous bedrooms provide restful retreats, with additional spaces such as a study or nursery to adapt to your lifestyle needs. The tastefully renovated bathrooms, including a main bathroom and a second shower/toilet, offer convenience to busy households. An air-conditioned main living area ensures comfort year-round, while the huge covered outdoor entertaining area extends your living and gathering space, perfect for hosting family and friends in any weather.
Nestled in a sought-after precinct, the location is a significant advantage — close to schools, reputed childcare centres, hospital complexes, and just minutes from Stocklands shopping centre. This accessibility enhances everyday living and offers growth potential as Millbank continues to develop. The property currently yields excellent rental returns, making it an attractive investment with options to explore short-term rental markets for increased income.
The home has been freshly painted throughout and offers an excellent opportunity for value-adding, allowing new owners to build instant equity. Coupled with low council rates and the secure, fully fenced yard, this property represents a smart purchase in a proven precinct.
Local Market Insights
In Millbank, Quiet Listings observed 109 new houses entering the market over the last 30 days, down from 112 during the previous 30-day period, with an average advertised asking price of $909,826. The property type mix of listed properties is predominantly Houses at 78%, followed by land (13%), and units (7%). The most active agency for houses in the Millbank area is currently Ray White, representing 16% of new listings. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.