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Mildura

Suburb Profile

Mildura - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3500

house
unit

Based on its average 5-year and quarterly capital gains MILDURA, 3500 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that MILDURA, 3500 obtained a 4.38% growth over a ten-year period. It ranks 1881st on our list of suburbs that property investors should look into.

MILDURA, 3500 in VIC belongs to the local government area of Mildura (RC).

MILDURA, 3500 has a capital gain of 11.82% for the past year, which is higher than average compared to its 28.42% growth within a five-year period.

With the median home price in MILDURA sitting at $305,000, and the average rent at $340, property owners could potentially earn a 5.8% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in MILDURA are low, as opposed to average gains per annum over the past five years.

A 11.82% increase in median property prices in MILDURA, 3500 has allowed this suburb to join the ranks of best performing suburbs in VIC, settling at number 60th.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $305,000 $222,500
GROWTH REPORT
Median Quarterly 3.39% 1.14%
Median 12 month 11.82% 4.71%
Median 3 years 19.02% 23.61%
Median 5 years 28.42% 39.06%
10 years average annual 4.38% 3.9%
Weekly media advert. rent $340 $260
Time on Market 51.0 days 69.0 days
Gross Rental Yield Percent 5.8% 6.08%
demographics (median values)
Total Population
28741
Weekly Household Income
760.8
Household Size
2.40
demographics
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