64 Magnolia AvenueMildura VIC 3500
Property Details for 64 Magnolia Ave, Mildura
64 Magnolia Ave, Mildura is a 3 bedroom, 1 bathroom House. The property has a land size of 615m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 3 bedroom House sold in Mildura in the last 12 months.
Last Listing description (August 2024)
64 Magnolia Avenue presents an exceptional opportunity for first home investors seeking a blend of comfort and potential. This charming house sits on a generous plot of 615 square metres, offering ample outdoor space.
The residence features three well-appointed bedrooms, each equipped with built-in robes, ensuring a streamlined and organised living experience. A modern bathroom services the home, boasting quality fittings and a design that maximises both style and functionality.
The heart of this home is the inviting living & dining area, complemented by split system air conditioning, ensuring a comfortable environment all year round. The fully equipped kitchen boasts an induction cooktop, double drawer dishwasher and island bench, catering to those with a penchant for culinary endeavours.
A well maintained backyard offers a sizeable 6x6 shed and an additional 3x3 garden shed, providing ample storage solutions or the possibility of creating a workshop or hobby space. With two parking spaces, vehicle storage is conveniently taken care of.
Investors will be pleased with the rental appraisal indicating a weekly return of $420 - $440, demonstrating the property's excellent potential for income generation.
64 Magnolia Avenue is a must-see for anyone looking to secure a solid foundation in the property market. Offering both immediate livability and scope for future personal touches, this is an address that promises to be a wise investment for the astute buyer.
Property History for 64 Magnolia Ave, Mildura, VIC 3500
- 08 Aug 2024Sold for $420,000
- 18 Jul 2024Listed for Sale $399,000 - $438,000
- 29 Jan 2022Transferred
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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 20,097 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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