406 San Mateo Avenue, Mildura, Vic 3500

$470,000 - $517,000

House
Type
3
Bedrooms
1
Bathrooms
1
Parkings
440 m²
Area

Published on Thursday, September 10, 2026 ( See property details for 406 San Mateo Avenue, Mildura, Vic 3500)

$470,000 - $517,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A practical and conveniently located three-bedroom home in Mildura, ideal for investors or owner-occupiers seeking low-maintenance living with future potential.

🏡 Property Highlights

  • Prime location within walking distance to Mildura Central and local amenities
  • Low maintenance 440m² allotment with easy-care outdoor space
  • Three bedrooms with built-in robes and an ensuite-style connection
  • Comfortable climate control with evaporative cooling and split system
  • Functional kitchen with electric cooking and hot water
  • Potential for dual investment with neighbouring property available

✨ Key Features

  • Built-in Robes
  • Outdoor Area
  • Garden / courtyard
  • Split System
  • Shed
  • Single Storey
  • Electric Hot Water
  • Low-Maintenance Yard
  • Carport
  • Open-Plan Living
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406 San Mateo Avenue
Mildura, VIC 3500
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Vertical aerial view — 406 San Mateo Avenue
406 San Mateo Avenue — Vertical Aerial  •  Mildura, VIC 3500  •  Nearmap © 2026

Mildura offers a vibrant community with excellent amenities, including shopping, dining, and recreational facilities. The area is known for its convenient access to transport links and a relaxed lifestyle. Its established infrastructure makes it ideal for both investors and families. The suburb boasts a mix of modern and traditional homes, with a friendly neighbourhood atmosphere. Proximity to Mildura Central ensures residents enjoy a highly walkable and accessible environment.

What is the condition of the property and are there any recent renovations?
The property is well-maintained with a functional layout, featuring built-in robes and modern climate control systems. No recent renovations are specified, but it is move-in ready.
What are the ongoing costs associated with this property?
Ongoing costs include council rates, water rates, and maintenance of the outdoor area and garden shed. Currently, the property is rented at $490 per week.
Is the property suitable for future expansion or renovation?
The manageable 440m² allotment provides potential for minor upgrades or landscaping, but the current layout is designed for low-maintenance living.
Are there any planning restrictions or zoning considerations?
The property is on its own title with no specified restrictions. For detailed zoning information, consult local council regulations.
What is the rental yield and investment potential?
Currently rented at $490 per week, the property offers a strong rental yield and potential for future capital growth, especially with the option to acquire neighbouring property.
Are there any existing or past issues with the property's foundation, plumbing, or electrical systems? Are there any planned developments or zoning changes in the area that could affect the property's value? Is there any history of flooding or bushfire risk in this location? What are the total costs involved in purchasing both 406 and 408 San Mateo Avenue, including stamp duty and legal fees? Are there any restrictions or covenants on the property that could limit future modifications or use?

406 San Mateo Avenue, Mildura, Vic 3500 - More Details

$470,000 - $517,000

Offering low maintenance living in an exceptionally convenient location, 406 San Mateo Avenue presents a practical three bedroom home on its own 440m² title, within walking distance of Mildura Central, supermarkets, and Gateway Tavern/Verde Mildura.

Inside, all three bedrooms feature built in robes, with one enjoying direct access to the central bathroom to create an ensuite style connection. Evaporative cooling is complemented by a split system for added comfort, while electric cooking and hot water keep the home simple and functional.

Outside, a paved entertaining area provides an easy spot to relax, complemented by a low maintenance backyard, garden shed and single carport. The manageable allotment makes upkeep straightforward while still providing valuable outdoor space.

Currently rented at $490 per week, the property presents an appealing option for investors seeking an established addition to their portfolio, while its layout and convenient location also provide plenty of future owner occupier appeal.

Adding another dimension to the opportunity, neighbouring 408 San Mateo Avenue is also available for purchase on a separate title. Secure 406 individually or explore the potential to acquire both properties and create a unique dual investment opportunity in a highly accessible Mildura location.
Type
House
Bedrooms
3
Bathrooms
1
Parkings
1
Area
440 m²
House Size
106 m²

Price guide

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Inspections times

  • Inspection Mon 14 Sep 5:00 pm

    Monday 14 September
    5:00 pm - 5:30 pm
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