2 Ridge Court, Mildura VIC 3500

2 Ridge Court, Mildura VIC 3500
3-bedroom with large 770mยฒ block | quiet court setting | standout tradesman’s shed | strong rental yield near 5% | single bathroom limit The property’s generous 770-square-metre block in a quiet court is considered uncommon for a three-bedroom house in this price range. Its brick veneer construction and sizable tradesman’s shed add practical appeal for buyers seeking space for vehicles, hobbies, or storage. The rental appraisal of $510 per week suggests it may also suit investors targeting a solid yield. This configuration is best positioned for families or first-home buyers wanting room to grow without exceeding a modest budget. The single bathroom on a three-bedroom layout may limit appeal among some family buyers. Without confirmed build age or premium finishes, the price might be tempered relative to newer or renovated stock. Prospective buyers might also weigh the absence of an ensuite or outdoor entertaining area when forming their offer.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 2 Ridge Court, Mildura VIC 3500
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Market Insight:

Mildura presents a compelling regional investment case, driven by strong affordability relative to Melbourne which is attracting a mix of owner-occupiers and interstate investors. The market is characterised by robust price growth across housing types, with houses appreciating notably faster than units. Demand is further intensified by significant supply constraints and a revitalising CBD, though longer-term affordability and regional economic dependencies remain key considerations for future performance.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

2

Land

772mยฒ

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