FOR SALE
$399,000 - $438,000

260 Sixteenth Street
Mildura VIC 3500

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 611m2
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Exceptional Investment or First-Home Opportunity in Prime Mildura Location

Damian Portaro, Principal & Chairman's Elite Sales Agent at Ray White Mildura, proudly presents 260 Sixteenth Street-a property that combines convenience, functionality, and excellent investment potential.
This well-maintained brick veneer home features three bedrooms, with the main bedroom offering semi-ensuite access for added privacy and practicality. A separate lounge area provides a comfortable retreat, ideal for family relaxation or entertaining. Evaporative cooling and gas heating ensure year-round comfort in every corner of the home.
Set on an approximate 611sqm allotment, the property includes a double carport with rear yard access, a low-maintenance yard with auto irrigation, and stunning views of Mildura's new sporting complex. The layout and location make it appealing for both owner-occupiers and investors alike.
Currently tenanted by a long-term occupant, the property generates a solid rental return with an appraisal of $440 per week. Whether you're seeking an investment with immediate income or a first home in a highly convenient location, this property ticks all the boxes.
Situated a short distance from the bustling 15th Street shopping precinct and surrounded by quality amenities, 260 Sixteenth Street offers an unparalleled lifestyle in one of Mildura's most sought-after pockets. With its proximity to schools, shops, and the new sporting complex, this property is a fantastic opportunity for investors and homebuyers alike.
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Property Details for 260 Sixteenth St, Mildura

260 Sixteenth St, Mildura is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 611m2. The place is currently for sale with Ray White Mildura.

Building Type
House
Land Size
611m2

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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 20,163 properties. Over the last 5 years, Houses in Mildura have seen a 56.81% increase in median value, while Units have seen a 63.16% increase. As at 30 November 2024:

  • The median value for Houses in Mildura is $473,330 while the median value for Units is $306,157.
  • Houses have a median rent of $470 while Units have a median rent of $360.
There are currently 177 properties listed for sale, and 68 properties listed for rent in Mildura on OnTheHouse. According to CoreLogic's data, 932 properties were sold in the past 12 months in Mildura.

Suburb Insights for Mildura 3500

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Damian Portaro
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Ray White Mildura
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.