1/27 Payne StreetMillbank QLD 4670
Property Details for 1/27 Payne St, Millbank
1/27 Payne St, Millbank is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1976. The property has a land size of 94m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in January 2016.
Last Listing description (May 2016)
Come & inspect this solid besser block unit with 2 good-sized bedrooms, both with built-in robes. The open plan Dining & Lounge is Air-conditioned for all year round comfort. The modern Kitchen features a new electric stove and overlooks the private rear yard with lawn locker. The personal carport has covered access to the front door for all weather convenience. This unit has just had a fresh coat of paint, new floating floor & hot water system. Vendors are retiring and invite reasonable offers to make a prompt transition to the next chapter of their life. Very low, private body corp as this is part of a duplex. Rent appraisal of $220/wk. Alternatively, for the first home buyer looking for an entry level property to break free of the rent cycle.
Property History for 1/27 Payne St, Millbank, QLD 4670
- 29 Jan 2016Sold for $143,000
- 29 Sep 2015Listed for Sale $148,000
- 18 Jul 2013Listed for Rent - Price not available
Recent sales nearby
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0About Millbank 4670
The size of Millbank is approximately 3.4 square kilometres. There are 4 parks, covering nearly 7.8% of the total area. The population of Millbank in 2016 was 2512 people. By 2021 the population was 2499 showing a population decline of 0.5% in the area during that time. The predominant age group in Millbank is 70-79 years. Households in Millbank are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Millbank work in a professional occupation.In 2021, 60.10% of the homes in Millbank were owner-occupied compared with 55.70% in 2016.
Millbank has 1,219 properties. Over the last 5 years, Houses in Millbank have seen a 126.87% increase in median value, while Units have seen a 114.38% increase. As at 30 June 2026:
- The median value for Houses in Millbank is $670,943 while the median value for Units is $474,343.
- Houses have a median rent of $590 while Units have a median rent of $420.
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