Millbank
Suburb profile, market snapshot and recent listings for Millbank, QLD 4670.
About Millbank
Welcome to Millbank
Market snapshot
Millbank property market
Median sale price
$611k
House · 3 bed
Median rent
$580
per week
Gross rental yield
4.9%
annual rent ÷ sale price
Typical price range
Entry
$481k
Median
$611k
Premium
$728k
Days on market
12
Auction clearance
0%
Sold this year
24
Median sold price trend · House 3 bed
Compound growth +18.5% / yr over 4 yrs
Median price by bedrooms · House
Property types on market
Share of current listings in Millbank by dwelling type.
Who lives here
Demographics
ABS Census 2021 figures for Millbank, QLD 4670.
Population
2,499
residents (2021)
Median age
47
years
Household income
$997
median, per week
Median rent
$270
per week
Median mortgage
$1,188
per month
Mortgage / income
27%
comfortable
Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.
Recent results
Recently sold in Millbank
$755k
21 Wendt Street
Sold ~July 2026
$649k
16 O'Connell Street
Sold ~June 2026
Sold prices as published on the original listing; some may reflect the last advertised price. Dates are approximate.
Explore the area
Properties & amenities in Millbank
Compare the area
Price map around Millbank
Every listing for sale near Millbank, coloured by price — so you can see how it stacks up against the streets and suburbs next door.
Loading price map…
Common questions
Millbank suburb FAQ
What is the median property price in Millbank?
The median house price in Millbank, QLD is $611k for a 3-bedroom home. Over the past year, median sold prices have risen about 15.2%.
How much is rent in Millbank?
The median weekly rent in Millbank is around $580 per week.
Is Millbank a good place to live?
Millbank is a mixed-use suburb in the Bundaberg Region, Queensland, Australia. Millbank is an established residential suburb in QLD, with a population of around 2,499.
What is the population of Millbank?
Millbank has a population of 2,499 (ABS 2021 Census), with a median age of 47.
How long do homes take to sell in Millbank?
Properties in Millbank take around 12 days to sell on average, with an auction clearance rate of about 0%.
How much do you need to buy in Millbank?
Entry-level properties in Millbank start around $481k, while premium homes reach $728k.
What suburbs are near Millbank?
Suburbs near Millbank include Svensson Heights, Bundaberg West, Avoca, Bundaberg Central and Norville.
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