5447 Palmerston Hwy, Millaa Millaa is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 878m2 and floor size of 125m2. While the property is not currently for sale or for rent, it was last sold in December 2024.
This property offers a fantastic opportunity to investors only! with a calculated ROI of 7.05%.
Presented to the market is this rural property, located at the edge of town on the picturesque Atherton Tablelands. Displaying 3 bedrooms, one bathroom, foyer, large kitchen area as well as a very spacious laundry area, this home is perfect to rent to a young or growing family as Millaa Millaa still has that small town feel of friendly locals and safe neighborhoods.
The home was built entirely from exquisite hardwood timber cut locally from the Millaa Millaa timber mill. Two additional sheds/workshops are also part of the 878m2 block as well as a small garden shed. Only walking distance to amenities, shops as well as the local primary school.
Fantastic investment opportunity ROI of 7.05%
3 Bedrooms
1 Bathroom
878m2 block
Short distance to amenities
Rural living
The size of Millaa Millaa is approximately 61.5 square kilometres. It has 3 parks covering nearly 3.8% of total area. The population of Millaa Millaa in 2016 was 514 people. By 2021 the population was 523 showing a population growth of 1.8% in the area during that time. The predominant age group in Millaa Millaa is 60-69 years. Households in Millaa Millaa are primarily childless couples and are likely to be repaying not stated per month on mortgage repayments. In general, people in Millaa Millaa work in a managers occupation.In 2021, 69.10% of the homes in Millaa Millaa were owner-occupied compared with 75.10% in 2016.
Millaa Millaa has 349 properties. Over the last 5 years, Houses in Millaa Millaa have seen a 84.75% increase in median value, while Units have seen a 1.32% increase. As at 30 November 2025:
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