SOLD
Sold on 12 Apr 2024 for $925,000

25 Flora Avenue
Mildura VIC 3500

Bedrooms: 4
Bathrooms: 1
Car spaces: 1
Floor area: 162m2
Land area: 100700m2
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Property Details for 25 Flora Ave, Mildura

Building Type
Commercial
Year Built
1960
Floor Size
162m2
Land Size
100700m2
Local Government
Mildura
Lot/Plan
1/TP674268

Last Listing description (August 2024)

Unlock the potential of this sprawling 10.07 Ha property (approx 25 acres) nestled on the city's fringe, offering picturesque bushland and serene river vistas. Positioned within Mildura's rural conservation zone, a mere 3 kms from the CBD, this property epitomizes limitless investment and lifestyle possibilities.

Boasting 2 titles and a strategic planning permit, envision transforming one title into a pristine one-acre lot (planning permit approved), complemented by an existing 4-bedroom home ripe for renovation or replacement. With the remaining 24 acres primed for your luxury dream home (planning permit approved), overlooking the tranquil river, the canvas for your vision awaits.

This rare gem also features town water access, alongside a coveted 93 meg AUL water license with its own pump on the river. Whether you aspire to farm, venture into commercial endeavours, or simply savour the tranquillity of country living, this property offers an unmatched blend of urban convenience and rural serenity.

Embrace the opportunity to craft an enviable lifestyle estate on the city's edge, marrying proximity to urban amenities with the allure of idyllic countryside living. Seize the chance to turn your vision into reality and make this unique property your own coveted sanctuary.

Property History for 25 Flora Ave, Mildura, VIC 3500

A timeline of how this property has performed in the market
Last Sold
$925,000
12 Apr 2024
  • 12 Apr 2024
    Sold for $925,000
  • 27 Mar 2024
    Listed for Sale $950,000 - $1,045,000
  • 10 Nov 2022
    Listed for Sale $1,000,000 - $1,100,000

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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 20,047 properties. Over the last 5 years, Houses in Mildura have seen a 57.97% increase in median value, while Units have seen a 60.40% increase. As at 30 September 2024:

  • The median value for Houses in Mildura is $464,005 while the median value for Units is $293,987.
  • Houses have a median rent of $450 while Units have a median rent of $350.
There are currently 201 properties listed for sale, and 51 properties listed for rent in Mildura on OnTheHouse. According to CoreLogic's data, 853 properties were sold in the past 12 months in Mildura.

Suburb Insights for Mildura 3500

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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.