7 Fifth St, Millicent is a 6 bedroom, 4 bathroom Unit with 4 parking spaces and was built in 1971. The property has a land size of 1022m2 and floor size of 214m2. While the property is not currently for sale or for rent, it was last sold in January 2025.
A fantastic opportunity for those looking to get into the Investment properties with a solid return and secure long term tenants.
A huge attraction for tenants is the property's location right with the central township and close walking proximity to the main street
Block of 4 units - Brick and tile under one roof and all on one title. No strata or community title fees!
Units consist of:
Unit 1 - 2 carpeted bedrooms with built ins. Kitchen/Dining/Lounge all in one. Leased until March 2020 @ $150 per week
Unit 2 - 2 carpeted bedrooms with built ins. Kitchen/Dining/Lounge all in one. Leased until March 2020 @ $150 per week
Unit 3 - 1 bedroom with built ins, lounge/dining & kitchen area. Leased until March 2020 @ $110 per week
Unit 4 - 1 bedroom, Slow combustion fire, R/C. Leased until January 2020 with option to extend their lease another 3 months @ $140 per week
All have Electric stove, laundry washing taps in bathrooms and clotheslines out the front each unit
4 Carports under one long carport at the front of property
Quiet residential area close to swimming lake and primary school
Neatly presented maintained garden/lawns
Quiet area of town, 1022m2 sized allotment on one Certificate of Title
*NO Pets have been allowed in these units under lease conditions
The size of Millicent is approximately 155.6 square kilometres. It has 28 parks covering nearly 0.7% of total area. The population of Millicent in 2016 was 5109 people. By 2021 the population was 5110 showing a population growth of 0.0% in the area during that time. The predominant age group in Millicent is 60-69 years. Households in Millicent are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Millicent work in a labourer occupation.In 2021, 72.40% of the homes in Millicent were owner-occupied compared with 70.10% in 2016.
Millicent has 3,301 properties. Over the last 5 years, Houses in Millicent have seen a 105.85% increase in median value, while Units have seen a 92.75% increase. As at 31 March 2026:
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