120 Lemon Avenue, Mildura, VIC 3500 | Property Value & History | OnTheHouse
 
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120 Lemon Avenue
Mildura VIC 3500

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 81m2
Land area: 475m2
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Last updated 9 Feb 2026
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Property Details for 120 Lemon Ave, Mildura

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.

Building Type
House
Year Built
1940
Floor Size
81m2
Land Size
475m2
Local Government
Mildura
Lot/Plan
3/TP806502

Last Listing description (February 2026)

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.

The property is surrounded by gorgeous cottage gardens, offering lush green views, creating a peaceful sanctuary rarely found in the centre of town. A vine-covered pergola provides the perfect spot to relax or entertain.

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.

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Property History for 120 Lemon Ave, Mildura, VIC 3500

A timeline of how this property has performed in the market
  • 04 Feb 2026
    Listed for Sale Under Contract
  • 01 Apr 2006
    Listed for Sale Offers Over $60,000
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About 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 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 20,958 properties. Over the last 5 years, Houses in Mildura have seen a 68.93% increase in median value, while Units have seen a 67.83% increase. As at 31 January 2026:

  • The median value for Houses in Mildura is $604,287 while the median value for Units is $354,898.
  • Houses have a median rent of $495 while Units have a median rent of $400.
There are currently 153 properties listed for sale, and 74 properties listed for rent in Mildura on OnTheHouse. According to Cotality's data, 1184 properties were sold in the past 12 months in Mildura.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.

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