FOR SALE
$575,000 - $625,000

41-43 Magnolia Avenue
Mildura VIC 3500

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Land area: 951m2
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TWO LOT INNER CITY DEVELOPMENT

* A truly rare opportunity to purchase such a large parcel of land in the City Heart with two lots on the step of the inner city and riverfront
* Situated on the corner of Magnolia Avenue and Eighth Street, it has rear lane access and exposure on both Eighth St and Magnolia Avenue
* The block is approximately 951m2 in total and has all services available
* There is over a 20 metre frontage to Magnolia Avenue and is 47 metres deep along Eighth Street
* Subject to Council approval this block has the potential to be developed into fabulous inner city townhouses or you may prefer to create one spectacular primary residence
* With a location second to none, it has the City Heart and Riverfront Development on its doorstep
* Imagine the possibilities and reap the rewards!
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Property Details for 41-43 Magnolia Ave, Mildura

41-43 Magnolia Ave, Mildura is a 2 bedroom, 1 bathroom House. The property has a land size of 951m2. The place is currently for sale with First National Collie & Tierney.

Building Type
House
Land Size
951m2

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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 20,078 properties. Over the last 5 years, Houses in Mildura have seen a 60.89% increase in median value, while Units have seen a 58.06% increase. As at 31 August 2024:

  • The median value for Houses in Mildura is $471,322 while the median value for Units is $281,246.
  • Houses have a median rent of $450 while Units have a median rent of $350.
There are currently 200 properties listed for sale, and 50 properties listed for rent in Mildura on OnTheHouse. According to CoreLogic's data, 849 properties were sold in the past 12 months in Mildura.

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Ben Ridley
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First National Collie & Tierney
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