Thinking about buying in Mildura? Now could not be a better time, with 22166 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $472,000 with prices in this suburb ranging from $33,000 to $4,314,000. The aproximate distance to the coast is 304 Km.
Median Weekly Rent | $276.81 |
Median Monthly Mortgage | $1229.99 |
Median Persons Per Bedroom | 0.77 |
Average Household Size | 2.28 |
Average Age | 42.18 |
Average Income | $682.99 |
Average Cars Per Dwelling | 1.66 |
Average Properties Within 50M | 12 |
1 Bed  $405,000 |
2 Bed  $305,000 |
3 Bed  $460,000 |
4 Bed  $629,000 |
5 Bed  $729,000 |
6 Bed+$503,000 |
Consistent high demand relative to supply is a key feature in Mildura driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Mildura due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Mildura provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Mildura necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Mildura we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Mildura a better buying opportunity than it may have been in the past.
Mildura is a city in north-western Victoria. The largest settlement in its vicinity, Mildura is noted for its vineyards, supplying 80% of Victoria’s grapes. This industry has long cemented the city as an agricultural centre in its region. It is sat just a short distance from the banks of the Murray river and has a population of over 50,000 people. The origins of the name ‘Mildura’ are uncertain; its earliest recorded use is as the name of a sheep station, established in the late 1850s, which sat on the land that is today occupied by Mildura, and therefore it is suspected to be of aboriginal origin; however, its definition is a topic of much debate. Mildura is a low-rise city consisting mainly of family housing on large plots of land.
Mildura is a well-established city with a rich history and a unique sense of character. While it is perhaps best known for being the primary source of grapes for many of Australia’s wineries, Mildura is a rapidly growing and expanding city. It is home to a series of retail outlets and restaurants, which are primarily found along Langtree Avenue as well as a shopping mall which is located on Fifteenth Street. Mildura’s central business district is situated close to the edge of the Murray River and is the centre of much of the activity and governance in the city. All in all, Mildura is a beautiful, culturally rich city with excellent amenities and a unique rural charm.
Mildura Primary School
Mildura Senior College
Ranfurly Primary School
Mildura Specialist School
Mildura South Primary School
Mildura West Primary School
Chaffey Secondary College
St Joseph's College Mildura
Sacred Heart School
St Paul's Primary School
(While the above schools are located with the suburb of Mildura there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 0.7 | 17.9 | 34.6 | 16.5 | 61.9 | 3.9 | 28.1 |
Feb | 1.2 | 17.2 | 32.8 | 22.4 | 68.0 | 3.9 | 24.3 |
Mar | 0.9 | 14.6 | 29.4 | 26.2 | 75 | 3.4 | 20.0 |
Apr | 0.7 | 10.5 | 24.5 | 31.0 | 81.5 | 3 | 15.3 |
May | 0.7 | 7.3 | 19.6 | 41.3 | 91.8 | 3.0 | 11.3 |
Jun | 0.5 | 5.0 | 16.3 | 49.3 | 96.1 | 3.0 | 9.6 |
Jul | 0.6 | 4.4 | 16.3 | 46.0 | 94.4 | 3.3 | 9.8 |
Aug | 0.7 | 5.2 | 18 | 36.2 | 90.1 | 3.6 | 12.8 |
Sept | 0.7 | 7.4 | 22.2 | 26.3 | 84.3 | 4.0 | 17.7 |
Oct | 0.7 | 10.5 | 26.0 | 22.7 | 78.2 | 4.0 | 22.7 |
Nov | 0.9 | 13.2 | 29.1 | 20.0 | 73.1 | 4 | 26.6 |
Dec | 1.1 | 15.9 | 32.0 | 17.5 | 65.5 | 4.0 | 29.0 |
source: Australian Government Bureau of Meteorology
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