When many think of Mildura, they think of 'woop woop' and remember seeing a location somewhere in the middle of the map of Australia, located in Victoria and near the border of New South Wales, and not too far from South Australia.
But Mildura has become a hot area for property investors in recent times, offering real estate at solid and affordable prices and attractive rental yields. With a rich history embedded in farming (oranges and grapes), it is definitely an agricultural hub. The area provides natural beauty which attracts residents, and is supported by affordable housing and a growing population and economy.
Look at key suburb analytics below - it might be one to look at for discerning investors looking to add something new to their property portfolio.
Median Price - $495,000
Rental Yield - 4.32%
Vendor Discount Rate - -8.62%
Vacancy Rate - 1.05%
