FOR SALE
$220,000 - $242,000

2/388 Deakin Avenue
Mildura VIC 3500

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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7% return (approx)

Securely leased at $310 per week until September 2025, is this immaculate brick veneer two bedroom unit. The tenant is taking great care of the property, which is a testament to them. As you walk into the property you are greeted by the leadlight window of the front door. Featuring large tiled open plan living, split system, functional kitchen and bathroom/laundry combined. Two spacious bedrooms both with built in robes (master also with split system heating/cooling). Front courtyard and single carport round out this tidy investment property. Walk over to the Mildura Central shopping plaza. Showing an approximate 7% return.
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Property Details for 2/388 Deakin Ave, Mildura

2/388 Deakin Ave, Mildura is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The place is currently for sale with Ray White Mildura.

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Unit

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About Mildura 3500

The size of Mildura is approximately 77.8 square kilometres. It has 54 parks covering nearly 4.2% of total area. The population of Mildura in 2011 was 30,647 people. By 2016 the population was 32,739 showing a population growth of 6.8% in the area during that time. The predominant age group in Mildura is 20-29 years. Households in Mildura are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mildura work in a professional occupation. In 2011, 59.6% of the homes in Mildura were owner-occupied compared with 58.1% in 2016.

Mildura has 20,111 properties. Over the last 5 years, Houses in Mildura have seen a 58.09% increase in median value, while Units have seen a 46.82% increase. As at 31 October 2024:

  • The median value for Houses in Mildura is $467,073 while the median value for Units is $284,993.
  • Houses have a median rent of $460 while Units have a median rent of $350.
There are currently 201 properties listed for sale, and 72 properties listed for rent in Mildura on OnTheHouse. According to CoreLogic's data, 878 properties were sold in the past 12 months in Mildura.

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Brett Driscoll
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Ray White Mildura
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