9 Terry Court, Mildura VIC 3500
9 Terry Court, Mildura VIC 3500
4 bed family house | 1,004 m² large block | 38% building coverage | $700/week rent signal | Mildura South school zone
This property stands out for its generous land-to-building ratio, offering a rare combination of a 381 m² footprint on a quarter-acre-plus block in a quiet court setting. The single-level layout with study and double garage suits families needing room to grow, while the strong rental estimate of $700/week suggests durable demand from both owner-occupiers and investors. Its position within the Mildura South school network and proximity to central retail adds everyday practicality, making it a compelling choice for those prioritising space without sacrificing convenience.
The value picture may be shaped by how the large block is utilised—whether for sheds, outdoor entertaining, or future subdivision potential, subject to council approval. The property’s older construction style, while not detailed, may require budget for updates or maintenance compared to newer builds. The estimated value range of $820k–$990k reflects the premium for land size, but buyers should weigh the cost of any modernisation against the benefit of securing a rare large parcel in a sought-after pocket.
|| Comparable Sales: 9 Delta Court, 4 bed on 722 m², sold $580k–$638k; 15 Terry Court, 2.3 ha with residence, sold $700k | Property Price Band: $800k–$900k | Value Drivers: land size, single-level family layout, court location convenience
Detailed Independent Property Report prepared by PropCred Analyst team for 9 Terry Court, Mildura VIC 3500
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
1
Income Risk
1
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: 9 Delta Court, 4 bed on 722 m², sold $580k–$638k; 15 Terry Court, 2.3 ha with residence, sold $700k | Property Price Band: $800k–$900k | Value Drivers: land size, single-level family layout, court location convenience
Bedrooms
4
Bathroom
2
Parking
2
Land
1004m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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