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Back 4 Colonial Drive
Off Market

4 Colonial Drive

Mildura VIC 3500

2
1
1
256 m²
House
Last sold for $340,000
Luke WalkerLuke Walker, last sold this property on 18 April 2023 after 15 days on market.

Overview

THE BRIEF: Set and Forget Investment

ITS ADDRESSED Looking for a reliable investment opportunity with long-term tenants? Look no further! This 2 bed, 1 bath, 1 car neat home is the perfect investment for you. Located on the west side of Mildura, this home has been well-maintained and is in excellent condition. Features of the property include: -Gas wall heating to keep tenants warm and cozy during the winter months -Evaporative cooling for comfortable living during the summer months -Beautiful interior with modern features -Spacious living room for relaxation and entertainment -Fully equipped kitchen for tenants to prepare delicious meals and entertain guests -Bedrooms with plenty of natural light and ample storage space -Neat and tidy rear courtyard for low-maintenance outdoor living -1-car garage with ample parking space and storage But what really makes this property stand out is the long-term tenants. These tenants have shown themselves to be reliable and responsible, paying their rent on time each week and taking care of the property as if it were their own. With tenants like these, you can rest assured that your investment is in good hands. Investing in this property means investing in a reliable source of income with minimal hassle. The long-term tenants have expressed their desire to continue living in the home for the foreseeable future, ensuring a stable income stream for years to come. Plus, the location is ideal and convenient, making it an attractive option for prospective tenants. With the Mildura Base Hospital and Mildura Gold Driving Range within walking distance Don't miss out on this incredible investment opportunity. Contact us today to schedule a viewing and see for yourself why this home is such a great investment. With reliable long-term tenants, a beautiful interior, and convenient features such as gas wall heating and evaporative cooling, this 2 bed, 1 bath, 1 car neat home is the perfect addition to your investment portfolio. For more Real Estate in Mildura contact your Area Specialist. Note: Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Prospective purchasers/tenants are requested to take such action as is necessary, to satisfy themselves with any pertinent matters.

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
256 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 4 Colonial Drive 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 4 Colonial Drive

2023
Rented
Undisclosed
Leased on 11 Dec 2023 by Professionals Real Estate Mildura
2023
Sold
$340,000
Private Sale/Treaty on 18 Apr 2023 by Luke Walker, of Area Specialist - VIC
2020
Sold
$260,000
Private Sale/Treaty on 21 Jun 2020 by Kate Lewis, of Professionals Real Estate 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 33 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 4 Colonial Drive, have been sold.

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

Nearby agents

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Mark Thornton

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Amanda Aldridge

Amanda Aldridge is a recommended agent for Mildura.  They have 2 local sales and collected 4 local reviews across the last 12 months.

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Carol Foster

Sellers who recommend Carol Foster have praised them for being clear communication, local expert, responsive, friendly, honest, well-prepared and reliable

  •   4.9   (94 reviews)
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Ian Miers

Ian Miers is an award winning recommended agent for Mildura.  They have 2 local sales and collected 3 local reviews across the last 12 months.

  •   4.9   (140 reviews)
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