94 Dyar Avenue, Mildura VIC 3500
94 Dyar Avenue, Mildura VIC 3500
Family-friendly layout | below-market price guide | strong rental demand | established Mildura West location
This property presents a clear buying case for families and investors seeking value in a well-located Mildura West setting. The three-bedroom, two-bathroom configuration with separate lounge and practical kitchen-to-living flow suits modern family living, while the double garage and established backyard with auto sprinklers add functional appeal. The listing price sits below the estimated mid-value, suggesting room for negotiation, and the recent rental history at $500 per week confirms tenant demand in this quiet street near local parks and schools. The property last sold twenty years ago, reflecting steady regional growth without recent speculative turnover.
The primary risk is the property’s age and condition given no recent sales data, though the current price guide partially accounts for this. The below-market positioning offers a potential entry point for buyers willing to invest in updates, while the strong rental yield estimate of 4.35% supports investor interest. The quiet street location and proximity to Mildura West Primary School and Chaffey Secondary College add long-term appeal for owner-occupiers.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 94 Dyar Avenue, Mildura VIC 3500
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.