Back 27 Penny Street
Off Market

27 Penny Street

Millbank QLD 4670

3
1
2
498 m²
House
Last sold for $575,000
Ethan HydeEthan Hyde, last sold this property on 10 February 2026 after 26 days on market.

Overview

Solid Opportunity For The Savvy Investor

Note: This property has a tenant in place until July 2027 at $520 per week. This cute Australian cottage is the perfect low maintenance investment those looking to capitalize on the strong Bundaberg market. The interior has a contemporary and stylish colour palette, giving the home a sense of modernity while still retaining its classic appeal. The corner block offers plenty of backyard space for kids to play or dogs to run around - whatever your family needs! Additionally, there is a large garden shed on a concrete slab, perfect for storage or hobbies. Here are some of the key features of this property: • Quiet suburb close to schools, shops, and medical facilities • Gutters replaced in 2024 • 16 timber stumps replaced with concrete stumps in 2024 • Termite barrier system installed in 2023 (8 year lifespan) • Corner block with plenty of backyard space • Large garden shed on a concrete slab • Rates approx. $1800/half yearly • Rented for: $$520/wk Don't miss the opportunity to make this charming cottage your new investment. Call Ethan today to book an inspection! Please note: Photos are from prior to the tenancy commencing. All information contained herein has been gathered from sources we believe to be reliable. However, prospective purchasers should not rely on this information and must make their own enquiries and satisfy themselves as to the accuracy of all details before proceeding.

Features

3 bedrooms
1 bathroom
2 carspaces
2 carport spaces
498 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Millbank over the last 12 months, the estimated median property value of 27 Penny Street is $595k.

Median value
$595k
Estimated value range
$420k - $733k
Median days on market
41
Estimated value trend
16%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Millbank. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 27 Penny Street

2026
Sold
$575,000
10 Feb 2026 by Ethan Hyde, of Ray White Bundaberg
2026
Rented
Undisclosed
Leased on 14 Jan 2026 by Ray White Bundaberg
2023
Sold
$350,000
11 Jun 2023 by Ethan Hyde, of Ray White Bundaberg

Happy sellers in Millbank

96%
96% of sellers in Millbank reported that their sale price either exceeded or met their price expectations.

Millbank stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 10 reviews in Millbank over the last 12 months.

Local market activity for 3 bedroom houses in Millbank

In the last 12 months, 22 three-bedroom houses similar to 27 Penny Street, have been sold.

This represents a 16% increase in three-bedroom houses sales when compared to the previous 12 months.

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