5-7 Cameron AvenueMildura VIC 3500
Property Details for 5-7 Cameron Ave, Mildura
5-7 Cameron Ave, Mildura is a 3 bedroom, 9 bathroom Unit with 9 parking spaces. The property has a land size of 613m2. While the property is not currently for sale or for rent, it was last sold in February 2024.
Last Listing description (May 2024)
Sale by Set Date Tuesday 12 March 2024 at 5pm (unless sold prior).
Discover the potential of this unique property nestled on approximately 1226m2 with a single title, strategically positioned in a sought-after west side location. Boasting nine 1-bedroom units with open-plan living, this investment guarantees consistent demand and robust returns.
The property presents an exciting prospect for refurbishment, providing scope to enhance rental returns and capitalize on the flourishing Mildura rental market. Situated mere moments from Mildura's CBD, tenants will enjoy affordability and a convenient lifestyle.
A secure investment awaits, offering an impressive gross return of over 8%. With average rentals ranging between $185 and $200 per week, this opportunity promises not only financial stability but also the potential for substantial growth.
Seize this chance to invest wisely in a property that not only ensures strong returns but also holds immense potential for value appreciation. Act now and secure your position in Mildura's flourishing real estate landscape!
Property History for 5-7 Cameron Ave, Mildura, VIC 3500
- 29 Feb 2024Sold for $900,000
- 12 Feb 2024Listed for Sale $950,000 - $1,045,000
- 18 May 2016Listed for Sale $700,000 - $770,000
Recent sales nearby
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0About 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.
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