16 Central Park Drive, Mildura VIC 3500

Modern family home | solar-equipped | high-confidence valuation | Mildura residential zone This property presents a strong buying case for families seeking a modern, low-maintenance home in a well-connected Mildura location. The 228m² building on a 585m² lot with 39% site coverage indicates generous living space without excessive land maintenance, appealing to time-poor buyers. Solar panels confirmed by satellite imagery add genuine energy efficiency, a practical advantage in Mildura’s climate. The absence of bushfire, flood, or heritage overlays reduces regulatory risk and insurance complexity. With four bedrooms, two bathrooms, and two garages, the configuration suits owner-occupier families or investors targeting the family rental market. The high-confidence valuation of $693,000 provides a reliable benchmark for negotiating within the listed range. The primary risk is limited recent comparable sales data for this exact property, making precise market positioning dependent on broader Mildura sales activity. The rental history shows only a single listing in January 2023 without price or duration details, offering no clear rental yield track record for investors. While NBN Fibre to the Curb and 5G coverage are present, these are supporting features rather than prime value drivers. The property’s 2016 last sale date means no recent transaction to validate current pricing. However, the 8-day listing duration suggests early market exposure, creating opportunity for a well-informed buyer to negotiate before broader market engagement.