FOR SALE
$700,000 - $750,000

534 San Mateo Avenue
Mildura VIC 3500

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2016m2
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Prime development opportunity in ideal location.

Discover the perfect parcel of land with approved permits to subdivide and construct four contemporary units, tailored to meet the needs of modern living. This exceptional opportunity is not only a sound investment but also a chance to create a vibrant community in a sought-after location.
Key Features:
* Permits Approved: Save time and start building, with permits already in place to subdivide and build four units.
* Prime Location: Just a short stroll to local shopping centres, restaurants, cafes, and supermarkets, ensuring all your daily needs are met with ease.
* Great Neighborhood: Situated next to The Vines and directly across the road from The Grange, you'll be surrounded by friendly neighbours.
Don't miss out on this unique chance to develop in a thriving area. Whether you're an investor looking to capitalise on the market or a developer ready to create a new project, this land offers the perfect foundation for your vision.
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Property Details for 534 San Mateo Ave, Mildura

Building Type
Land
Land Size
2016m2

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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.

Suburb Insights for Mildura 3500

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Brenton Love
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Connor Tierney
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Barry Plant - 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.