1 Regunyah Way, Mildura VIC 3500

3-bedroom house on 562sqm | dual bathroom layout | established Mildura street | active rental demand at $650/week This property offers a clear entry point into Mildura’s housing market with a configuration that suits both owner-occupiers and investors. The 562sqm block is generous for the area and the three-bedroom, two-bathroom layout appeals to families or professionals seeking space without excess. Its active rental listing at $650 per week signals genuine tenant demand, which strengthens the buyer’s position if holding is the intent. The dual bathroom feature is a competitive edge in this price bracket, reducing friction for shared households or future resale. The primary risk is the lack of recent comparable sales for this exact house, meaning the $699,000 estimate requires verification through an independent valuation. Buyers should also note that while the street shows activity, the broader Mildura market can be slower to liquidate than metro areas. The opportunity lies in securing a property with immediate rental income potential while land value in a regional growth corridor holds medium-term upside. Hold for rental yield or occupy for lifestyle; either way, the configuration gives flexibility without overcapitalisation.