251 San Mateo AvenueMildura VIC 3500
Property Details for 251 San Mateo Ave, Mildura
251 San Mateo Ave, Mildura is a 5 bedroom, 4 bathroom Unit with 4 parking spaces. The property has a land size of 706m2. While the property is not currently for sale or for rent, it was last sold in March 2019.
Last Listing description (April 2019)
In a convenient location located only minutes walk from handy local shops, is this high yield investment package for your consideration. 4 Units, 3 rare one bed, and one two bed, all with open plan living kitchen, and meals areas. Solidly constructed, and recently renovated (including full maintenance review) the property offers a return of more than $43,000 per annum.. around 8%! With interest rates still so low, you can enjoy a true cash flow positive property from day one. The property has an easy care exterior and each unit is well set up with RC heating / cooling, and a covered car parking space, all in a location hard to match for its proximity to amenities. High yielding investment opportunities such as this are hard to come by.
Property History for 251 San Mateo Ave, Mildura, VIC 3500
- 29 Mar 2019Listed for Sale $474,000 - $521,000
- 29 Mar 2019Sold for $500,000
- 25 Sep 2018Listed for Rent $200 / week
Recent sales nearby
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0About Mildura 3500
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 21,018 properties. Over the last 5 years, Houses in Mildura have seen a 60.04% increase in median value, while Units have seen a 69.58% increase. As at 31 July 2026:
- The median value for Houses in Mildura is $607,849 while the median value for Units is $373,397.
- Houses have a median rent of $520 while Units have a median rent of $393.
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