1 Trissino Drive, Mildura VIC 3500
1 Trissino Drive, Mildura VIC 3500
4 bed, 2 bath, 2 car on 859 m² | Modern family pocket near Fifteenth Street retail | Strong rental appeal | Newer estate character | Large allotment
The configuration is regarded as genuinely strong for Mildura, where a four-bedroom, two-bathroom house with double garage and an 859-square-metre parcel is rarely found within a modern estate setting. The property is positioned in a residential growth corridor that benefits from close access to the Fifteenth Street shopping precinct, making it practical for everyday living. The large land size is considered a meaningful advantage, as it provides outdoor space that newer developments often sacrifice. This house is best suited to owner-occupiers seeking a move-in-ready family home on one level, or investors who want reliable tenant appeal in a suburb with steady family demand. The street character is clean and consistent, which reinforces the impression of a built-out, established neighbourhood rather than a fragmented development.
Value may be influenced by the lack of confirmed interior details, with presentation potentially varying more than expected for this price level. The large land size might be weighed as the principal value driver, as comparable modern houses on smaller parcels have shown lower price outcomes. Broader demand for family housing in Mildura may also be affected by interest rate movements, which could shift buyer competition. The newer estate location might offer a less mature landscape, possibly moderating short-term price appreciation, although the practical proximity to retail and schools is seen as a stabilising factor.
Detailed Independent Property Report prepared by PropCred Analyst team for 1 Trissino Drive, Mildura VIC 3500
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
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: 13 Trissino Drive (estimated $762k) | Property Price Band: $700k–$800k | Value Drivers: 859 m² land, modern configuration, retail proximity
Bedrooms
4
Bathroom
2
Parking
2
Land
859m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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