4/129 Orange Avenue, Mildura VIC 3500

Inner-city brick unit | walkable to RSL & amenities | clean tidy presentation | reliable 5G & NBN | no overlays This unit presents a competitively priced, low-maintenance entry into the Mildura market, best serving an investor or a budget-conscious owner-occupier seeking inner-city convenience. Its brick construction, absence of environmental overlays, and recent sale history provide a stable, low-risk foundation. The configuration is standard for the area, but its walkable location near working facilities and the RSL strengthens its rental appeal and ensures consistent tenant demand. The decision hinges on accepting its compact floor plan and strata context for the benefit of a turnkey property in a serviced location. The October 2024 sale at $272,500 establishes a sharp recent benchmark; the current asking range implies a significant short-term gain expectation by the vendor. Secure this only at a price aligning with the lower end of the quoted range, justifying the premium over the last sale with its rental readiness and location. It is a straightforward hold for yield, not capital growth. Recent comparable sales provide essential context: – 3/129 Orange Avenue: Same complex, sold 2022 (price not detailed). – 304 Eighth Street: 0.5km away, recent sale (price not detailed). – 321 Eighth Street: 1.3km away, recent sale (price not detailed). The confirmed sale of this specific unit for $272,500 in October 2024 is the most critical data point. It anchors the property’s very recent market value and suggests the current asking price requires a clear justification based on improved condition or market movement, which the listed features do not strongly support.