88 Twelfth Street, Mildura VIC 3500

88 Twelfth Street, Mildura VIC 3500
3-bed 1-bath house | 603m² lot | 257m² building | solar and shed | no overlay constraints A well-established three-bedroom house is presented on a generous 603 square metre lot with a 257 square metre building, offering a rare land-to-building balance for its price point. Ducted and evaporative cooling, gas heating, an open fireplace, floorboards, solar panels, and a shed have been added beyond typical entry-level stock. Two living areas, two toilets, and a fully fenced yard are provided, suiting a family buyer wanting a move-in ready home without the premium attached to newer builds. Its everyday liveability is emphasised over prestige by a mixed housing corridor position, strongest for owner-occupiers seeking space and comfort. A limit may be placed on families by the single bathroom, and mixed car accommodation needs clarification. Weight will likely be carried by condition and presentation. Flexibility may be supported by lack of overlays, though redevelopment is constrained by 43% coverage, and investors may be attracted by $510 per week rent, but yield is dependent on purchase price.
Detailed Independent Property Report prepared  by PropCred Analyst team for 88 Twelfth Street, Mildura VIC 3500
Checks found:
Value Risk
Liquidity Risk
Planning Risk ! 1
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

Comparable Sales: 4/103 Twelfth Street sold for $490,000; 28/265-283 Twelfth Street purchased at $475,000 | Property Price Band: $400K-$500K | Value Drivers: condition, land size, presentation

Bedrooms

3

Bathroom

1

Parking

2

Land

603m²

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