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Market Report 2020

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Mildura Buyers &

Sellers Market Report


MILDURA - Suburb Map

This report has been compiled on 24/11/2019 by Mildura Property Advisers. Property Data Solutions Pty Ltd 2019 - www.pricefinder.com.au

© The State of Victoria. The State of Victoria owns the copyright in the Property Sales Data and reproduction of the data in any way without the consent of the State of Victoria will constitute a breach of

the Copyright Act 1968 (Cth). The State of Victoria does not warrant the accuracy or completeness of the information contained in this report and any person using or relying upon such information does

so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.


MILDURA - Sales Statistics (Houses)

Year # Sales Median Growth Low

High

2001 920 $ 120,000 0.0 % $ 18,000 $ 570,000

2002 798 $ 141,000 17.5 % $ 5,000 $ 1,580,000

2003 932 $ 156,100 10.7 % $ 12,000 $ 1,360,000

2004 917 $ 171,500 9.9 % $ 2,000 $ 955,000

2005 928 $ 181,500 5.8 % $ 15,000 $ 1,579,000

2006 799 $ 190,000 4.7 % $ 50,000 $ 1,015,000

2007 772 $ 200,250 5.4 % $ 9,372 $ 1,200,000

2008 646 $ 193,000 -3.6 % $ 17,000 $ 1,223,411

2009 759 $ 191,750 -0.6 % $ 9,220 $ 1,430,000

2010 625 $ 216,500 12.9 % $ 3,000 $ 850,000

2011 564 $ 217,000 0.2 % $ 1,265 $ 800,000

2012 589 $ 225,000 3.7 % $ 28,500 $ 1,650,000

2013 722 $ 221,756 -1.4 % $ 32,000 $ 820,000

2014 734 $ 236,094 6.5 % $ 32,000 $ 1,320,000

2015 746 $ 251,600 6.6 % $ 55,000 $ 1,859,000

2016 746 $ 262,750 4.4 % $ 20,000 $ 1,320,000

2017 683 $ 265,000 0.9 % $ 60,000 $ 1,350,000

2018 707 $ 287,500 8.5 % $ 85,000 $ 1,500,000

2019 471 $ 305,000 6.1 % $ 90,000 $ 1,100,000

Median Sale Price

$310k

Based on 625 recorded House sales within

the last 12 months (Oct '18 - Sep '19)

Based on a rolling 12 month period and may differ

from calendar year statistics

Suburb Growth

+13.7%

Current Median Price: $310,000

Previous Median Price: $272,750

Based on 1339 recorded House sales compared over the last two

rolling 12 month periods

This report has been compiled on 24/11/2019 by Mildura Property Advisers. Property Data Solutions Pty Ltd 2019 - www.pricefinder.com.au

© The State of Victoria. The State of Victoria owns the copyright in the Property Sales Data and reproduction of the data in any way without the consent of the State of Victoria will constitute a breach of

the Copyright Act 1968 (Cth). The State of Victoria does not warrant the accuracy or completeness of the information contained in this report and any person using or relying upon such information does

so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.


MILDURA - Peak Selling Periods

MILDURA - Price Range Segments

This report has been compiled on 24/11/2019 by Mildura Property Advisers. Property Data Solutions Pty Ltd 2019 - www.pricefinder.com.au

© The State of Victoria. The State of Victoria owns the copyright in the Property Sales Data and reproduction of the data in any way without the consent of the State of Victoria will constitute a breach of

the Copyright Act 1968 (Cth). The State of Victoria does not warrant the accuracy or completeness of the information contained in this report and any person using or relying upon such information does

so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.


Median Weekly Rents (Houses)

Suburb Sale Price Growth

+13.7%

Current Median Price: $310,000

Previous Median Price: $272,750

Based on 1339 registered House sales compared

over the last two rolling 12 month periods.

Suburb Rental Yield

+5.0%

Current Median Price: $310,000

Current Median Rent: $300

Based on 886 registered House rentals compared

over the last 12 months.

Median Weekly Rents (Units)

Suburb Sale Price Growth

+4.8%

Current Median Price: $220,000

Previous Median Price: $210,000

Based on 246 registered Unit sales compared over

the last two rolling 12 month periods.

Suburb Rental Yield

+5.2%

Current Median Price: $220,000

Current Median Rent: $220

Based on 345 registered Unit rentals compared over

the last 12 months.

This report has been compiled on 24/11/2019 by Mildura Property Advisers. Property Data Solutions Pty Ltd 2019 - www.pricefinder.com.au

© The State of Victoria. The State of Victoria owns the copyright in the Property Sales Data and reproduction of the data in any way without the consent of the State of Victoria will constitute a breach of

the Copyright Act 1968 (Cth). The State of Victoria does not warrant the accuracy or completeness of the information contained in this report and any person using or relying upon such information does

so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.


MILDURA - Recently Sold Properties

Median Sale Price

$310k

Suburb Growth

+13.7%

# Sold Properties

625

Based on 625 recorded House sales within

the last 12 months (Oct '18 - Sep '19)

Current Median Price: $310,000

Previous Median Price: $272,750

Based on recorded House sales within the 12

months (Oct '18 - Sep '19)

Based on a rolling 12 month period and may differ

from calendar year statistics

Based on 1339 recorded House sales compared over the last two

rolling 12 month periods

Based on a rolling 12 month period and may differ

from calendar year statistics

194 THIRTEENTH ST

$280,000

10 MCKAY PL

$320,000

A306/149 - 157 THIRTEENTH ST

$197,000

Nov

2019

27 Days

697 m²

3

1

1

Nov

2019

20 Days

844 m²

3

2

2

Nov

2019

46 Days

1.11 ha

2

1

1

413 BENETOOK AVE

1/59-67 CURETON AVE

6 DUNE DR

$245,000

$247,500

$411,000

Nov

2019

55 Days

493 m²

4

1

2

Nov

2019

37 Days

238 m²

3

1

1

Nov

2019

15 Days

700 m²

3

2

2

LOT 7 HIGHBRIDGE CRT

226 WOODHAM AVE

26 BATTALION DR

$419,000

$132,000

$350,000

Nov

2019

N/A

657 m²

4

2

2

Nov

2019

43 Days

920 m²

3

1

1

Nov

2019

N/A

622 m²

4

2

2

This report has been compiled on 24/11/2019 by Mildura Property Advisers. Property Data Solutions Pty Ltd 2019 - www.pricefinder.com.au

© The State of Victoria. The State of Victoria owns the copyright in the Property Sales Data and reproduction of the data in any way without the consent of the State of Victoria will constitute a breach of

the Copyright Act 1968 (Cth). The State of Victoria does not warrant the accuracy or completeness of the information contained in this report and any person using or relying upon such information does

so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.


20 MIDTOWN DR

8 KEDMENEC DR

11 COSGROVE CRT

$475,000

$430,000

$465,000

Nov

2019

8 Days

525 m²

4

2

2

Nov

2019

34 Days

821 m²

3

2

2

Nov

2019

326 Days

724 m²

4

2

2

212 ELEVENTH ST

12 CHARDONNAY DR

20 KEDMENEC DR

$202,500

$300,000

$366,125

Nov

2019

123 Days

475 m²

3

1

1

Nov

2019

18 Days

823 m²

4

2

2

Nov

2019

25 Days

561 m²

3

2

2

40 MCKENDRICK AVE

5 LAKEVIEW CRT

1/320 EIGHTH ST

$267,500

$432,000

$195,000

Nov

2019

N/A

548 m²

3

1

1

Nov

2019

43 Days

769 m²

4

2

2

Nov

2019

21 Days

299 m²

2

1

4

18 STEPHANIE ST

5 JODIE CRT

11 BELLE GARDENS DR

$413,000

$245,000

$283,500

Nov

2019

63 Days

623 m²

4

2

2

Nov

2019

229 Days

763 m²

3

1

2

Nov

2019

53 Days

437 m²

3

2

2

This report has been compiled on 24/11/2019 by Mildura Property Advisers. Property Data Solutions Pty Ltd 2019 - www.pricefinder.com.au

© The State of Victoria. The State of Victoria owns the copyright in the Property Sales Data and reproduction of the data in any way without the consent of the State of Victoria will constitute a breach of

the Copyright Act 1968 (Cth). The State of Victoria does not warrant the accuracy or completeness of the information contained in this report and any person using or relying upon such information does

so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.


MILDURA - Properties For Rent

Median Rental Price

$300 /w

Based on 886 recorded House rentals

within the last 12 months (Oct '18 - Sep '19)

Rental Yield

+5.0%

Current Median Price: $310,000

Current Median Rent: $300

Number of Rentals

886

Based on recorded House rentals within the

last 12 months (Oct '18 - Sep '19)

Based on a rolling 12 month period and may differ

from calendar year statistics

Based on 625 recorded House sales and 886 House rentals

compared over the last 12 months

Based on a rolling 12 month period and may differ

from calendar year statistics

21 Palm Springs Drive

$400 per week

27 Mabel Avenue

$320 per week

14 Petrucci Way

$600 per week

Nov

2019

3 Days

668 m²

4

2

2

Nov

2019

3 Days

401 m²

4

2

1

Nov

2019

3 Days

1,219 m²

5

2

2

1 PETER-JOHN COURT

3 CONDOR DRIVE

84 THIRTEENTH STREET

$390.00 per

$380.00 per

$265.00 per

Nov

2019

3 Days

812 m²

4

2

2

Nov

2019

3 Days

658 m²

3

2

2

Nov

2019

3 Days

651 m²

2

1

2

3 JOE COURT

5 MANHATTEN COURT

2 UPLAND DRIVE

$450.00 per

$360.00 per

$450 per week

Nov

2019

5 Days

731 m²

3

2

2

Nov

2019

5 Days

3

2

2

Nov

2019

6 Days

1,272 m²

4

2

2

This report has been compiled on 24/11/2019 by Mildura Property Advisers. Property Data Solutions Pty Ltd 2019 - www.pricefinder.com.au

© The State of Victoria. The State of Victoria owns the copyright in the Property Sales Data and reproduction of the data in any way without the consent of the State of Victoria will constitute a breach of

the Copyright Act 1968 (Cth). The State of Victoria does not warrant the accuracy or completeness of the information contained in this report and any person using or relying upon such information does

so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.


76 LEICESTER STREET

970 FIFTEENTH STREET

9 CHERRY AVENUE

$340 $340

$360 p/w

$280 $280

Nov

2019

7 Days

478 m²

3

2

2

Nov

2019

7 Days

650 m²

3

2

2

Nov

2019

7 Days

709 m²

3

1

2

474 RIVERSIDE AVENUE

32/8 TAYLOR DRIVE

5 WITTMAN AVENUE

$370 per week

$340 p/w

$300 per week

Nov

2019

7 Days

329 m²

3

2

2

Nov

2019

7 Days

377 m²

3

2

2

Nov

2019

7 Days

747 m²

3

1

2

9 Ashwood Court

16 Stephanie Street

194 ELEVENTH STREET

$320pw

$375pw

$200 per week

Nov

2019

10 Days

603 m²

3

1

2

Nov

2019

10 Days

537 m²

3

3

2

Nov

2019

11 Days

727 m²

3

1

1

135 PASADENA GROVE

23 JUDE AVENUE

219 WALNUT AVENUE

$275 p/w

$320 per week

$350.00 per

Nov

2019

11 Days

644 m²

3

1

1

Nov

2019

11 Days

564 m²

3

1

1

Nov

2019

12 Days

652 m²

3

1

2

This report has been compiled on 24/11/2019 by Mildura Property Advisers. Property Data Solutions Pty Ltd 2019 - www.pricefinder.com.au

© The State of Victoria. The State of Victoria owns the copyright in the Property Sales Data and reproduction of the data in any way without the consent of the State of Victoria will constitute a breach of

the Copyright Act 1968 (Cth). The State of Victoria does not warrant the accuracy or completeness of the information contained in this report and any person using or relying upon such information does

so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.

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