13 Kovac Court, Mildura VIC 3500
13 Kovac Court, Mildura VIC 3500
5 bed / 3 bath / 3 car on 1,001 m² | Larger than typical Mildura stock | Family or multi-gen appeal | Under offer, limited public detail
What stands out here is the sheer capacity. A five bedroom, three bathroom house with triple car space on a quarter acre block is not common in Mildura’s standard suburban stock, which tends toward three bedroom homes on smaller lots. This property sits in the family home category, offering genuine room for larger households, multi generational living, or buyers who need serious space for vehicles, storage, or future additions. The land size alone gives it a competitive edge over compact housing, and the configuration suggests it was built or extended with comfort and function in mind. For a buyer seeking a long term family property with room to grow, this is a rare find in the local market.
The value picture here may be shaped by a few key factors. The large allotment could support future improvements, subdivision potential, or simply provide a generous outdoor footprint, all of which might justify a premium over smaller nearby homes. Condition and presentation will matter significantly, as will the internal layout and how well the five bedrooms are distributed. The under offer status suggests current demand is real, but the final price may depend on how the property compares to other large family homes in the area, not just the typical three bedroom stock. Buyers should weigh the land size and room count against any potential need for updates or renovations.
|| Comparable Sales: 69 Thirteenth Street sold at $435,000 on 1,033 m², 84 Thirteenth Street listed $350,000–$385,000 on 652 m² | Property Price Band: $500,000–$600,000 | Value Drivers: land size, bedroom count, overall condition and presentation
Detailed Independent Property Report prepared by PropCred Analyst team for 13 Kovac Court, Mildura VIC 3500
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
Income Risk
1
Execution Risk
2
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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: 69 Thirteenth Street sold at $435,000 on 1,033 m², 84 Thirteenth Street listed $350,000–$385,000 on 652 m² | Property Price Band: $500,000–$600,000 | Value Drivers: land size, bedroom count, overall condition and presentation
Bedrooms
5
Bathroom
3
Parking
3
Land
1001m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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