OFF MARKET

4 Murray Avenue
Red Cliffs VIC 3496

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 73m2
Land area: 591m2
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Property Details for 4 Murray Ave, Red Cliffs

4 Murray Ave, Red Cliffs is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1955. The property has a land size of 591m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in May 2022.

Building Type
House
Year Built
1955
Floor Size
73m2
Land Size
591m2
Local Government
Mildura
Lot/Plan
62/LP52651

Last Listing description (May 2022)

If you are looking to add to your investment portfolio or get into the property investment market then this could be the one for you, currently leased at $205 per week and showing approximately a 7% return on investment.

Inside you will find two bedrooms, kitchen/dining and a separate lounge room. Outside features multiple shedding options with the property set on a 591sqm allotment close to the Red Cliffs Primary School.

Outgoings:

Mildura City Council Rates - $1.291 per annum
Lower Murray Water Tarif - $175 per quarter

Property History for 4 Murray Ave, Red Cliffs, VIC 3496

A timeline of how this property has performed in the market
Last Sold
$150,000
06 May 2022
Listed for Rent
$195/w
28 Aug 2018
  • 06 May 2022
    Sold for $150,000
  • 03 May 2022
    Listed for Sale $140,000 - $150,000
  • 07 Aug 2018
    Listed for Rent $195 / week
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About Red Cliffs 3496

The size of Red Cliffs is approximately 206.2 square kilometres. It has 9 parks covering nearly 21% of total area. The population of Red Cliffs in 2011 was 4,626 people. By 2016 the population was 5,073 showing a population growth of 9.7% in the area during that time. The predominant age group in Red Cliffs is 50-59 years. Households in Red Cliffs are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Red Cliffs work in a labourer occupation. In 2011, 70.1% of the homes in Red Cliffs were owner-occupied compared with 70.6% in 2016.

Red Cliffs has 2,871 properties. Over the last 5 years, Houses in Red Cliffs have seen a 83.47% increase in median value, while Units have seen a 54.06% increase. As at 31 October 2024:

  • The median value for Houses in Red Cliffs is $363,272 while the median value for Units is $385,079.
  • Houses have a median rent of $395 while Units have a median rent of $348.
There are currently 43 properties listed for sale, and 7 properties listed for rent in Red cliffs on OnTheHouse. According to CoreLogic's data, 114 properties were sold in the past 12 months in Red cliffs.

Suburb Insights for Red Cliffs 3496

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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.