17 Kedmenec Drive, Mildura VIC 3500

17 Kedmenec Drive, Mildura VIC 3500
Modern family home | large shed | study and second living | 2019 build | near shopping and schools The buying case rests on a rare combination of a 2019 build with a substantial 10×6 metre shed, a dedicated study, and a second living areaโ€”features not commonly found together in this price segment. This configuration gives the property unusual flexibility for a family needing both workspace and separation, or for a professional requiring a home office plus storage. The location near Mildura Central and quality schools reinforces its appeal to families and downsizers seeking modern low-maintenance living without compromising on space. The primary risk is that the asking range sits at the upper end of the estimated value band, leaving limited immediate equity upside. The property’s generic residential zoning and lack of overlay protections mean no development premium is priced in, and the 37% building coverage leaves modest scope for extension. However, the strong rental yield of around 4.3% and consistent valuation around $660,000 provide a solid floor for an investor or owner-occupier who values the shed and layout over speculative gains.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 17 Kedmenec Drive, 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

3

Bathroom

2

Parking

2

Land

600mยฒ

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