120 Lemon Ave, Mildura is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1940. The property has a land size of 475m2 and floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in March 2026. There are other 2 bedroom House sold in Mildura in the last 12 months.
Step into a home that truly captures the heart. Bursting with character and timeless charm, this beautifully maintained cottage is perfectly positioned just a 5-minute stroll to Milduras CBD, supermarkets, cafs, clubs, retail shopping, restaurants, and the iconic Murray River.
Immaculately presented and move-in ready, the home offers 2 bedrooms, inviting lounge, stylish bathroom, laundry, covered alfresco and cabana/office. Renovated with care and rich in period detail, features include soaring 12-foot ceilings, pressed metal, polished timber floors, tiled wet areas, large picture windows, and two air conditioners for year-round comfort.
With rear lane access, single garage, and double gates into the backyard, convenience and privacy are assured.
Showing potential outstanding returns of over 9.6%, with even greater income potential if operated as an Airbnb. The property is situated on College Lease land.
Whether youre seeking a high-performing investment or a tranquil lifestyle retreat in the CBD, this enchanting cottage offers a rare and irresistible opportunity.
The size of Mildura is approximately 77.8 square kilometres. There are 54 parks, covering nearly 4.2% of the total area. The population of Mildura in 2016 was 32738 people. By 2021 the population was 34565 showing a population growth of 5.6% in the area during that time. The predominant age group in Mildura is 30-39 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 2021, 58.60% of the homes in Mildura were owner-occupied compared with 58.10% in 2016.
Mildura has 20,924 properties. Over the last 5 years, Houses in Mildura have seen a 63.79% increase in median value, while Units have seen a 73.20% increase. As at 30 April 2026:
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