SOLD
Sold on 25 Jan 2024 for $565,000

216 Sixteenth Street
Mildura VIC 3500

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 163m2
Land area: 612m2
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Property Details for 216 Sixteenth St, Mildura

216 Sixteenth St, Mildura is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2021. The property has a land size of 612m2 and floor size of 163m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 4 bedroom House sold in Mildura in the last 12 months.

Building Type
House
Year Built
2021
Floor Size
163m2
Land Size
612m2
Local Government
Mildura
Lot/Plan
65/PS819469

Last Listing description (August 2024)

Its Addressed:
Discover the charm of modern living in this young, 2021-built home by JD Construction. Offering four bedrooms and two bathrooms, this brick and concrete residence expertly combines contemporary style with everyday practicality.

Enter into a world of functionality and style with the open-plan kitchen, dining, and living area. The kitchen is thoughtfully designed with a walk-in pantry and generous bench space, perfect for family meals or entertaining friends. The vinyl planks in the main walkways add a sleek, modern touch to the home's aesthetic.

In the master bedroom, enjoy the convenience of a walk-in robe (WIR) and an ensuite, providing a comfortable and private space. The additional bedrooms, fitted with built-in robes (BIR), cater well to family needs or guest accommodation.

Experience year-round comfort with reverse cycle heating and cooling, ensuring a pleasant living environment in any season. Set on an approximately 616m2 block, the property boasts genuine side access and is designed for low maintenance, ideal for busy lifestyles.

An attractive aspect for investors is the home's current lease, with long-term tenants paying $520 per week. This presents a solid investment opportunity with excellent returns and potential depreciation benefits.

Key Features:
Year Built: 2021 by JD Construction
Bedrooms: 4 (Master with WIR and Ensuite)
Bathrooms: 2
Size: Approx. 616m2 Block with Side Access
Kitchen: Open Plan with Walk-In Pantry
Flooring: Vinyl Planks in Main Walkways
Climate Control: Reverse Cycle Heating and Cooling
Investment Potential: Leased at $520/week, Strong Returns, Depreciation Opportunities
Maintenance: Low, Ideal as a Rental Property

This property is a perfect blend of modern design and practical living. Don?t miss your chance to own this delightful home. Contact us to schedule a visit today.

For more Real Estate in Mildura contact your Area Specialist.

Note: Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Prospective purchasers/tenants are requested to take such action as is necessary, to satisfy themselves with any pertinent matters.

Property History for 216 Sixteenth St, Mildura, VIC 3500

A timeline of how this property has performed in the market
Last Sold
$565,000
25 Jan 2024
Listed for Rent
14 Jun 2024
  • 03 Jun 2024
    Listed for Rent $550 / week
  • 25 Jan 2024
    Sold for $565,000
  • 21 Dec 2023
    Listed for Sale $520,000 - $550,000
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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 20,112 properties. Over the last 5 years, Houses in Mildura have seen a 58.09% increase in median value, while Units have seen a 46.82% increase. As at 31 October 2024:

  • The median value for Houses in Mildura is $467,073 while the median value for Units is $284,993.
  • Houses have a median rent of $460 while Units have a median rent of $350.
There are currently 189 properties listed for sale, and 70 properties listed for rent in Mildura on OnTheHouse. According to CoreLogic's data, 864 properties were sold in the past 12 months in Mildura.

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Luke Walker
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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.