25 Herston Drive, Mildura VIC 3500
25 Herston Drive, Mildura VIC 3500
2019-built brick veneer | four-bedroom layout | three living zones | ducted reverse-cycle throughout | quiet-street position
Built in 2019, this four-bedroom brick veneer house is finished to a modern standard that is not commonly found across Mildura’s established suburban stock. The interior is configured with three separate living zones and a study nook, which allows the floor plan to be used by families seeking both communal space and quiet retreats. Ducted reverse-cycle air conditioning is provided throughout, and the kitchen is fitted with stainless steel appliances, a dishwasher, and a natural gas cooktop, making daily function straightforward. The outdoor entertaining area is integrated under the main roof, so it can be used year-round without the maintenance burden of a separate structure. Established gardens and a fully fenced yard are maintained at both front and rear, giving the property a settled, move-in-ready character. This house is best suited to an owner-occupier family, particularly those upgrading from an older home.
The value of this property may be shaped by its quiet-street position, which tends to hold resale appeal for family buyers. The single-level brick veneer construction might appeal to those seeking easy access and low ongoing maintenance, while the modern internal configuration provides a clear functional advantage. The established gardens and covered outdoor area add practical everyday use, but the strongest influence on price is likely to be the 2019 build year and the three-zone layout. Buyers weighing this house against older suburban stock should recognise that its newer condition and flexible floor plan may justify a premium within the local market.
Detailed Independent Property Report prepared by PropCred Analyst team for 25 Herston Drive, Mildura VIC 3500
Checks found:
Value Risk
Liquidity Risk
Planning Risk
Income Risk
Execution Risk
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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
Comparable Sales: 10 Herston Drive sold $402,000; 188 Ontario Avenue sold $380,000 | Property Price Band: $550K–$650K | Value Drivers: modern build year, three-zone layout, covered outdoor entertaining area
Bedrooms
4
Bathroom
2
Parking
2
Land
552m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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