28 Hollywood Boulevard, Mildura VIC 3500

28 Hollywood Boulevard, Mildura VIC 3500
| 4-bedroom family layout | 819mยฒ block | low building coverage | dual living zones | Mildura South school zone | This property presents a competitive buying opportunity for a family seeking spatial advantage in a stable regional market. The 819mยฒ land component, with only 22% building coverage, offers rare expansion potential without immediate renovation need , a configuration edge over tighter infill blocks. The 1999 build provides modern structural standards, while the four built-in robes and direct master-to-bathroom access reduce the friction of family living. Positioned in the Mildura South Primary and Senior College zones, the house serves households prioritising school catchment stability over proximity to the CBD. The 5G mobile coverage and NBN Fibre to the Node add practical connectivity value, though these are supporting rather than primary drivers. The primary risk is the single bathroom serving four bedrooms , this will limit appeal to families with older children or multiple occupants, potentially narrowing the buyer pool and capping capital growth relative to two-bathroom comparables. The 2017 sale history and current estimated value of $602,000 suggest modest appreciation in a market where land size is the true lever; the low building coverage is the commercial opportunity, allowing future subdivision or a secondary dwelling subject to council approval. Hold this property for its land bank potential and school catchment resilience, not for immediate yield.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 28 Hollywood Boulevard, Mildura VIC 3500
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Market Insight:

Mildura presents a compelling regional investment case, driven by strong affordability relative to Melbourne which is attracting a mix of owner-occupiers and interstate investors. The market is characterised by robust price growth across housing types, with houses appreciating notably faster than units. Demand is further intensified by significant supply constraints and a revitalising CBD, though longer-term affordability and regional economic dependencies remain key considerations for future performance.
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PropCred Estimated Value

Bedrooms

4

Bathroom

1

Parking

2

Land

819mยฒ

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