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Investment Property Mildura, VIC, 3500

Suburb Snapshot

Mildura is a suburb in the Mildura Region of Victoria. Mildura has a population of 32,740 people and 31.47% of its occupants live in rental accommodation. The median listing price for houses is $449,000 and this has changed 3.81% over the past year and changed 12.39% over 2 years.

The median rent in Mildura for houses is $460 per week and the median rental yield is 5.32%. Stock on the market for houses/townhouses has changed -34.62% compared to last year and the average time to sell a house/townhouse is 74 days.The median listing price for units is $280,000 and this has changed -4.28% over the past year. The average unit takes 97 days to sell and the median rent for a unit in Mildura is $330 per week, producing a rental yield of 6.12%.

Supply & Demand in Mildura, Mildura

1.06%

Current vacancy rate


184

Rental stock available


32,740

Population


31.47%

Rental population


0.78%

Current vacancy rate


217

Rental stock available


53,870

Population


26.10%

Rental population


0.93%

Current vacancy rate


28,886

Rental stock available


5,926,624

Population


24.77%

Rental population


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Statistical data for Mildura, Mildura

  House Townhouses Units
Median listing price $449,000 $384,000 $280,000
Median price change - last quarter 0.00% 1.31% -0.90%
Median price change - 1 year 3.81% 3.78% -4.28%
Median price change - 2 years 12.39% 6.66% 0.00%
  House Townhouses Units
Median weekly rent $460 $420 $330
Median yield % 5.32% 5.68% 6.12%
Median rent change - 1 year 15.00% 10.52% 11.86%
  House Units
Previous month sales 44 3
Stock on market previous month 153 17
Stock variance vs. last year -34.62% -37.04%
Average days on market 74 97

Mildura investment property listings

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