925 Etiwanda Avenue, Mildura VIC 3500
925 Etiwanda Avenue, Mildura VIC 3500
Large 4,002 m² block | 5-bed family house | fringe growth corridor | mixed demand base | site flexibility drives value
This property stands out primarily for its land size. At 4,002 m², it is well above the typical residential parcel in Mildura, offering rare flexibility for a buyer seeking space, lifestyle, or future options. The house itself is configured for family living with five bedrooms and three bathrooms, which suits households needing room to spread out. Its position on Etiwanda Avenue places it in a transitional zone where established homes sit alongside larger holdings and development land, giving the area a practical, semi-rural edge rather than a uniform suburban feel. The strongest buyer fit is a family wanting a substantial block with room for sheds, outdoor areas, or hobbies, or a buyer who values the long-term potential of holding a large site in a growth corridor. The house likely serves as a solid, functional family home rather than a premium or renovated product, and its appeal rests more on land and setting than on high-end finishes.
The main value considerations may come from the house’s age and condition, which are not clearly established. If the dwelling requires updating, the price should reflect that, though the land itself carries most of the weight. The surrounding corridor has seen varied lot sizes and some development activity, which may support future subdivision potential, but that is not guaranteed for this specific site and would depend on local planning rules. Buyers should weigh holding costs and the effort of maintaining a large block, while also recognising that properties of this size are not common in the immediate area.
Detailed Independent Property Report prepared by PropCred Analyst team for 925 Etiwanda Avenue, Mildura VIC 3500
Checks found:
Value Risk
Liquidity Risk
Planning Risk
2
Income Risk
2
Execution Risk
2
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Market Insight
Mildura’s property market is tightening, with affordability relative to Melbourne drawing interstate investors and owner-occupiers. House prices rose 16-20% over the past year to a $525k-$571k median, selling in 15-18 days as supply-side constraints, including a small release pipeline, limit stock. Units grew 6.5-15.6% to $341k-$370k. Yields are solid at 4.9% for houses and 5.4-5.8% for units, with weekly rents of $490-$500 and $350-$400 respectively. Annual house sales volume is 843. The airport expansion and Langtree Avenue precinct revitalisation support future value, though limited new residential development raises long-term affordability concerns, alongside water security, agricultural sector health and tourism seasonality.
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PropCred Estimated Value
Comparable Sales: 760–764 Etiwanda Avenue sold $732,500; Lot 2 Etiwanda Avenue sold $210,000 | Property Price Band: $800K–$900K | Value Drivers: land size, house configuration, growth-corridor location
Bedrooms
5
Bathroom
3
Parking
1
Land
4002m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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