22 Dominic Court, Mildura VIC 3500
22 Dominic Court, Mildura VIC 3500
Large 850m² block | 2019 build on non-flood land | Shed and study for utility | Above-median price point for Mildura
This property offers a rare combination of a modern 2019 build with a substantial 850m² block in suburban Mildura, placing it above the typical detached house stock in both age and land size. The four-bedroom layout with built-in robes, a study, and a shed supports multiple living and utility spaces, making it a strong fit for families needing room to grow or buyers requiring workshop or storage capacity. The absence of flood risk on this allotment adds to its practical appeal, as does the estimated rental yield near 3.73%, which points to consistent demand from long-term family tenants rather than short-term renters. This house serves best those seeking a newer, feature-rich home on a generous parcel where space and utility are priorities over compact design or low entry cost.
The price range sits notably above the local median, which may narrow the buyer pool and requires careful justification through the block size and build quality. The last recorded sale at $500,000 seven years ago provides a historical benchmark, but current value should be weighed against the lack of detailed finishes like benchtop materials or flooring. The property’s position within a standard suburban setting may not offer unique walkable amenity or transport advantages, so its value hinges on the land and internal space rather than location premium. The estimated rent of over $600 per week suggests a reasonable income stream, but buyers should consider how the large block and shed might affect ongoing maintenance costs.
Detailed Independent Property Report prepared by PropCred Analyst team for 22 Dominic Court, Mildura VIC 3500
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
2
Income Risk
2
Execution Risk
2
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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
4
Bathroom
2
Parking
2
Land
850m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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