45 Hector StreetMildura VIC 3500
Property Details for 45 Hector St, Mildura
45 Hector St, Mildura is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 614m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 3 bedroom House sold in Mildura in the last 12 months.
Last Listing description (April 2024)
ITS ADDRESSED:
45 Hector Street, Mildura is an appealing option for investors seeking an affordable entry into the property market. This 3-bedroom, 1-bathroom conite home combines practicality with a steady rental yield.
The property's exterior, marked by a classic white picket fence, opens to an interior featuring vinyl flooring in the living area and carpet in the bedrooms, providing a straightforward living environment. The kitchen, with a natural gas cooktop, caters to daily culinary needs. Outside, the sizeable rear yard, accompanied by a storage shed, adds to the home's functionality.
Comfort is ensured across seasons with multiple split systems for heating and cooling, and additional fans in the living room and bedrooms. Making it an even more valuable proposition is an approx 5.13kW solar system. A key advantage for investors is the existing tenant, currently renting the property at $375 per week.
Key Features:
3 Bedrooms, 1 Bathroom
White Picket Fence
Vinyl Flooring in Living Area, Carpeted Bedrooms
Natural Gas Cooktop
Spacious Rear Yard with Storage Shed
Multiple Split Systems for Heating and Cooling
Ceiling Fans in Living and Sleeping Areas
Stable Tenant at $375pw
Solar system - approx. 5.13kW
45 Hector Street, Mildura presents as a sound choice for investors focused on balancing affordability with potential returns. This property stands out as an opportunity to grow your portfolio with a stable income stream. Enquire today to explore the investment possibilities of this property!
Property History for 45 Hector St, Mildura, VIC 3500
- 12 Apr 2024Sold for $335,000
- 02 Apr 2024Listed for Sale $319,000 - $350,000
- 13 Oct 2023Listed for Rent $375 / week
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0About 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 20,108 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.
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