Over the last year, property investments in Mildura, 3500 have given investors a capital gain of 6.16%. This compares favourably with the 4.41% for VIC as a whole.
Mildura,3500 was ranked 1689 in Australia by increase in median property value over the quarter.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.34% offered to property buyers. Sellers in Mildura itself are offering an average vendor discount of -5.50% to real estate investors.
In the last year 624 properties changed hands in Mildura, which puts it as the 6th most active market in VIC when comparing the number of sales per suburb.
Property investors should expect to get $340 weekly from the median priced house in this suburb.
Mildura is in the bottom 30% in VIC when comparing median price capital growth over the last year. Mildura gave property investors a disappointing capital gain figure when compared to the rest of the state, with 1.37%.
While Mildura,3500 ranked number 302th in VIC for increase in median house value (annualised) increase, it is ranked 120th over the last 5 years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Mildura, 3500. Typically our figures indicate that -6.06% is being offered, which puts this VIC suburb at 460th most discounted overall in Australia.
The VIC suburb of Mildura, 3500 is in the Mildura (RC) local government area.