FOR SALE
$780,000-$850,000

434-436 Etiwanda Avenue
Mildura VIC 3500

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Land area: 4047m2
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Prime Development Opportunity in Mildura

Welcome to an exceptional opportunity in the heart of Mildura – 434 to 436 Etiwanda Avenue. This expansive property boasts a 12-lot townhouse development site complete with approved plans and permits, ready to ignite your next investment venture.
Property Highlights:
-Development Potential: Unveil the potential of this 12-lot townhouse development site, a canvas for lucrative investment.
-Strategic Location: Situated within the vibrant tapestry of Mildura, this site enjoys proximity to schools, shopping, medical facilities and a short drive to the serene Murray River.
-Educational Hub: St. Paul's Primary school is a stone's throw away, ensuring convenience for families.
-Existing Dwellings: Currently housing two dwellings, generating a weekly return of $750.
-Plans and Permits Ready: Step into a project with plans and permits at the cusp of construction initiation.
-Layout: The development features a combination of eight 3-bedroom, 2-bathroom townhouses and four 2-bedroom, 1-bathroom
townhouses.
-Future Vision: Envision a thriving community, strategically designed for modern living and comfort.
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Property Details for 434-436 Etiwanda Ave, Mildura

434-436 Etiwanda Ave, Mildura is a 5 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 4047m2. The place is currently for sale with AREA SPECIALIST KEYSBOROUGH.

Building Type
House
Land Size
4047m2

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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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Lukas Pedder
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AREA SPECIALIST KEYSBOROUGH
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