SOLD
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Sold on 02 Aug 2024 for $330,000

3 Kelvin Avenue
Mildura VIC 3500

Bedrooms: 4
Bathrooms: 1
Car spaces: 1
Land area: 720m2
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Property Details for 3 Kelvin Ave, Mildura

3 Kelvin Ave, Mildura is a 4 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 720m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 4 bedroom House sold in Mildura in the last 12 months.

Building Type
House
Land Size
720m2
Local Government
Mildura
Lot/Plan
1/TP674229

Last Listing description (August 2024)

On offer is this exceptional investment opportunity that combines charm and potential.

The property includes 4 bedrooms, a large kitchen with working utilities, multiple living areas and a functional bathroom. All of this sitting on a generous 720m² block, offering ample yard space for future extensions.

This funky home boasts 'renovator's delight', brimming with possibilities to modernise or maintain its original character.

Located just minutes from town, it provides convenient access to all local amenities, football oval & Mildura Primary School. The fun and original colours throughout add a unique touch to the home, while the charming facade creates a welcoming first impression.

This property isn't just about potential; it's also a smart investment. With a strong rental return of $395- $430 per week, it promises a steady income stream for investors.

Whether you're looking to renovate, rent, or eventually call it home, this property offers versatility and significant value.

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Property History for 3 Kelvin Ave, Mildura, VIC 3500

A timeline of how this property has performed in the market
Last Sold
$330,000
02 Aug 2024
  • 30 Jul 2024
    Sold for $330,000
  • 25 Jul 2024
    Listed for Sale $299,000 - $328,900
  • 29 Nov 2011
    Transferred

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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 201 properties listed for sale, and 50 properties listed for rent in Mildura on OnTheHouse. According to CoreLogic's data, 846 properties were sold in the past 12 months in Mildura.

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