4/5 Jacob Court, Mildura VIC 3500

four bedrooms | two bathrooms | quiet cul-de-sac | park opposite | rental return over 5.5% This townhouse offers a strong buying case for an owner-occupier or investor seeking a low-maintenance property in a family-friendly pocket. The open-plan living with gas cooking and ducted reverse-cycle cooling across all bedrooms is a practical layout, and the master ensuite with private balcony adds a point of differentiation. Being directly across from a park with playground and walking tracks is a genuine location advantage, especially for families, and the double garage with internal access is a convenience that supports long-term appeal. The rental appraisal of $560 per week, translating to a yield above 5.5%, is competitive for the area and signals solid tenant demand. The primary risk is the property’s position within a complex, which may limit capital growth compared to a standalone house and could introduce body corporate fees. The recent sale of a comparable unit in the same complex for $450,000 in August 2024 provides a recent benchmark, suggesting the current price range may already reflect a premium. However, the vacant possession and low-maintenance yard reduce holding costs, and the yield offers a buffer. For an investor, this property should be held for steady rental income; for an owner-occupier, it suits those prioritising location and convenience over expansion potential.