FOR SALE
$120,000 - $132,000

5/133-139 Jacaranda Street
Red Cliffs VIC 3496

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Smart Investment Opportunity

Damian Portaro, Managing Director at Ray White Mildura, is proud to present for sale a unique and highly lucrative investment opportunity at 5/133-139 Jacaranda Street. This charming one-bedroom residence is fully furnished and offers a blend of affordability and elegance, making it an ideal choice for investors, first-home buyers, or those looking to enter the real estate market.
This property has been tastefully updated, ensuring a modern and inviting atmosphere for its guests. With its current operation as a long term rental, it provides a positive-geared investment opportunity, delivering steady income.
The interior of this delightful home features contemporary furnishings and thoughtful updates, creating a cozy and comfortable living space. Its low-maintenance design ensures minimal upkeep, allowing you to enjoy the benefits of property ownership without the usual burdens.
Situated in a serene location in Red Cliffs, this home offers tranquillity while still being conveniently accessible. Its affordability presents a rare opportunity to step into the real estate market, making it perfect for first-home buyers or those looking to expand their investment portfolio.
5/133-139 Jacaranda St promises a rewarding investment with minimal hassle. This property is more than just a home; it's a smart financial move in a growing market.
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Property Details for 5/133-139 Jacaranda St, Red Cliffs

5/133-139 Jacaranda St, Red Cliffs is a 1 bedroom, 1 bathroom Unit. The place is currently for sale with Ray White Mildura.

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Unit

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About Red Cliffs 3496

The size of Red Cliffs is approximately 206.2 square kilometres. It has 9 parks covering nearly 21% of total area. The population of Red Cliffs in 2011 was 4,626 people. By 2016 the population was 5,073 showing a population growth of 9.7% in the area during that time. The predominant age group in Red Cliffs is 50-59 years. Households in Red Cliffs are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Red Cliffs work in a labourer occupation. In 2011, 70.1% of the homes in Red Cliffs were owner-occupied compared with 70.6% in 2016.

Red Cliffs has 2,886 properties. Over the last 5 years, Houses in Red Cliffs have seen a 81.09% increase in median value, while Units have seen a 196.67% increase. As at 30 November 2024:

  • The median value for Houses in Red Cliffs is $358,034 while the median value for Units is $502,269.
  • Houses have a median rent of $398 while Units have a median rent of $348.
There are currently 38 properties listed for sale, and 2 properties listed for rent in Red cliffs on OnTheHouse. According to CoreLogic's data, 130 properties were sold in the past 12 months in Red cliffs.

Suburb Insights for Red Cliffs 3496

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Damian Portaro
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Ray White Mildura
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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.