Back 120 Lemon Avenue
Off Market

120 Lemon Avenue

Mildura VIC 3500

2
1
1
475 m²
House
Last sold for $293,000
Loretta PaianoLoretta Paiano, last sold this property on 06 March 2026 after 30 days on market.

Overview

Enchanting Character Cottage Exceptional Returns in the Heart of Mildura

Step into a home that truly captures the heart. Bursting with character and timeless charm, this beautifully maintained cottage is perfectly positioned just a 5-minute stroll to Mildura's CBD, supermarkets, cafés, clubs, retail shopping, restaurants, and the iconic Murray River. Immaculately presented and move-in ready, the home offers 2 bedrooms, inviting lounge, stylish bathroom, laundry, covered alfresco and cabana/office. Renovated with care and rich in period detail, features include soaring 12-foot ceilings, pressed metal, polished timber floors, tiled wet areas, large picture windows, and two air conditioners for year-round comfort. With rear lane access, single garage, and double gates into the backyard, convenience and privacy are assured. The property is surrounded by gorgeous cottage gardens, offering lush green views, creating a peaceful sanctuary rarely found in the centre of town. A vine-covered pergola provides the perfect spot to relax or entertain. Showing potential outstanding returns of over 9.6%, with even greater income potential if operated as an Airbnb. The property is situated on College Lease land. Whether you're seeking a high-performing investment or a tranquil lifestyle retreat in the CBD, this enchanting cottage offers a rare and irresistible opportunity.

Features

2 bedrooms
1 bathroom
1 carspace
475 m² lot size
House

Estimated Value

Based on this property and similar 2 bedroom houses sold in Mildura over the last 12 months, the estimated median property value of 120 Lemon Avenue is $391k.

Median value
$391k
Estimated value range
$220k - $495k
Median days on market
35
Estimated value trend
26%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Mildura. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 120 Lemon Avenue

2026
Sold
$293,000
Private Sale/Treaty on 06 Mar 2026 by Loretta Paiano, of Professionals Real Estate Mildura
2021
Sold
$108,500
05 Jul 2021 by Mark Thornton, of One Agency Mildura

Happy sellers in Mildura

88%
88% of sellers in Mildura reported that their sale price either exceeded or met their price expectations.

Mildura stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 32 reviews in Mildura over the last 12 months.

Local market activity for 2 bedroom houses in Mildura

In the last 12 months, 53 two-bedroom houses similar to 120 Lemon Avenue, have been sold.

This represents a 6% decrease in two-bedroom houses sales when compared to the previous 12 months.

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