5/152 San Mateo Avenue, Mildura VIC 3500

5/152 San Mateo Avenue, Mildura VIC 3500
2-bedroom unit | quiet well-maintained group | low-maintenance refreshed finish | first-home downsizer investor appeal This property offers a competitively rare combination of refreshed presentation and low-maintenance living within a quiet, well-maintained group, which is less common among entry-level units in Mildura. Its configuration suits first-home buyers seeking an affordable foothold, downsizers wanting reduced upkeep, or investors targeting compact dwellings with easier tenanting. The unit sits comfortably in the compact attached-dwelling segment, distinct from detached houses, and its updated internal presentation may reduce immediate renovation costs for a buyer. The value of this property may be influenced by its limited private outdoor space and shared walls within the group setting, which could affect privacy compared to standalone houses. Its modest price band might support rental yield potential if local rents remain strong, though no rental data is confirmed. The absence of specified building age, aspect, or amenity schedule means a buyer should verify these factors during inspection to form a complete view on price.
Detailed Independent Property Report prepared  by PropCred Analyst team for 5/152 San Mateo Avenue, Mildura VIC 3500
Checks found:
Value Risk ✓
Liquidity Risk ✕ 2
Planning Risk ✓
Income Risk ✓
Execution Risk ✓
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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

2

Bathroom

1

Parking

1

Land

222m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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