16 O'Connell St, Millbank is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1940. The property has a land size of 621m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in August 2021.
A perfect starter home or a great investment with all the work done already. Low maintenance polished timber floors throughout most of the home as well as built in cupboards , ceiling fans and high ceilings. Currently rented for $265 a week with a periodic lease. The property is fenced with vehicle access to the rear yard with room for a good sized shed if required. Inside is well kept with a quality timber kitchen and recent renovation at the rear of the home with the addition of an insulated roof. Properties like these are few and far between in a great location between the CBD and Stocklands Shopping Centre.
The size of Millbank is approximately 3.4 square kilometres. It has 4 parks covering nearly 7.8% of 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 1,217 properties. Over the last 5 years, Houses in Millbank have seen a 134.53% increase in median value, while Units have seen a 141.12% increase. As at 31 October 2025:
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