68-70 Eighth StreetMildura VIC 3500
Property Details for 68-70 Eighth St, Mildura
Last Listing description (January 2022)
Situated within a convenient location, only minutes to Mildura's CBD & Riverfront Precinct, comes this brilliant opportunity to capitalise on a large corner allotment of 847m2.
Well loved and providing an abundance of options. As the main dwelling fronts Eighth Street, the option to subdivide a parcel of land at the rear which would front Ruby Avenue is ideal (STCA) whilst renting out the current home or restoring it to its former glory. For those looking to construct something more grand, there is plenty of room on this large allotment to excite a range of buyers.
The home offers formal living spaces, central kitchen and extensive covered & shaded outdoor area. There's a modern touch of split system reverse cycle heating/cooling and at the rear of the property hides large shedding with an additional entertaining space and vehicle accommodation - access is provided off both Eighth Street and Ruby Avenue for ease of access with trailers, boats & caravans.
Established allotments of this size that are close to the CBD are becoming rarer - here is a true opportunity to capitalise today!
Property History for 68-70 Eighth St, Mildura, VIC 3500
- 10 Jan 2022Sold for $312,000
- 25 Nov 2021Listed for Sale $310,000 - $341,000
- 21 Jun 1979Sold for $30,500
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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 20,046 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.
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