24 Steven Street, Mildura VIC 3500

Standalone 1960s house | 779sqm block | central Mildura walkable | strong capital growth since 2017 This property offers a rare combination of a generous 779sqm lot with a modest 39% site coverage, providing significant outdoor space in a central Mildura location that is walkable to the CBD, schools, and Mansell Reserve. The 1960s build has been well-maintained with modern updates, and the 153% appreciation since 2017 signals strong underlying demand in this owner-occupied suburb. For a family or investor seeking a low-maintenance house with room for gardens or entertaining, this property positions well against tighter units nearby. The key risk is the absence of flood or heritage overlays is positive, but the 1960s construction may require attention to insulation and cooling efficiency in Mildura’s hot summers, as evaporative cooling is likely standard. The rental yield at midpoint $490pw offers a modest 4.3% gross return, which is acceptable but not exceptional for the area. The fresh listing and quick sale potential suggest limited negotiation room, though the value estimate range of $570k-$630k provides a buyer with a clear ceiling for offers.