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Overview
Entry Level Potential
Situated in the growing township of Red Cliffs, part of the Mildura Rural City Council, this property offers an excellent entry-level investment or owner-occupier opportunity. The modest weatherboard home is positioned on a regular-shaped parcel of land measuring 613 square meters, featuring rear lane access which provides potential for future development, subject to council approval.
The residence includes near-new split system heating and cooling, ensuring comfort throughout the seasons. The rear yard is neat and well-maintained, complete with a garden shed and a concrete floor, providing practical outdoor storage and space.
The kitchen remains in its original condition, while the bathroom has undergone renovation around the 1980s, featuring a shower over the bath. This home currently has a periodic lease in place, generating rental income of $270 per week, with strong rental demand in the area suggesting promising future rental growth.
Recent data indicates a median price growth of 16.7% in the suburb for 2025, reflecting the area's increasing appeal and investment potential. This property is ideal for those seeking a solid foundation in a high-growth market with opportunities for enhancement and development.
- Land size: 613 sqm
- Building size: 84 sqm
- 3 bedrooms
- 1 bathroom
- Near new split system heating and cooling
- Neat rear yard with garden shed and concrete floor
- Original kitchen
- Renovated bathroom (circa 1980s) with shower over bath
- Rear lane access with development potential (STCA)
- Currently leased at $270 per week
- Strong rental demand and future growth prospects
This property represents a valuable opportunity for investors or owner-occupiers looking to enter the market in a thriving regional area with solid growth indicators and potential for future development.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Red Cliffs VIC 3496
Measurements
| Type | Dimensions |
|---|---|
| Floor Area | 84 m² |
Market Insights for Red Cliffs VIC 3496
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