Back 2 Kelvin Ave
Off Market

2 Kelvin Ave

Mildura VIC 3500

2
1
2
284 m²
House
Tim AldridgeTim Aldridge, last sold this property on 30 November 2022 after 36 days on market.

Overview

Low Maintenance Investment Property

Outstanding investment opportunity is this free standing brick veneer townhouse. Currently leased until April 2023 for $250 per week to a wonderful tenant keen to stay long term and scope to increase at the end of the current lease (current market rental value is $260-$270 per week). Featuring two bedrooms (both with BIR), open plan living, meals and kitchen area and a spacious bathroom with separate shower and bath. Outside offers a secure low maintenance yard with a single carport and a garden shed. Investors searching for a centrally located, well presented investment property in very good condition, with great tenant and no owners corporation fees - don't miss this rare find!

Features

2 bedrooms
1 bathroom
2 carspaces
2 carport spaces
284 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 2 Kelvin Ave 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 2 Kelvin Ave

2022
Sold
Undisclosed
30 Nov 2022 by Tim Aldridge, of Mildura Property Advisers
2019
Sold
$192,500
09 Dec 2019 by Michael Solomon, of Barry Plant Mildura
2018
Rented
Undisclosed
Leased on 19 Mar 2018 by Barry Plant 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 31 reviews in Mildura over the last 12 months.

Local market activity for 2 bedroom houses in Mildura

In the last 12 months, 54 two-bedroom houses similar to 2 Kelvin Ave, have been sold.

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

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