408 San Mateo Avenue, Mildura, Vic 3500

$420,000 - $462,000

Unit
Type
2
Bedrooms
1
Bathrooms
1
Parkings
443 m²
Area

Published on Thursday, September 10, 2026 ( See property details for 408 San Mateo Avenue, Mildura, Vic 3500)

$420,000 - $462,000

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

A neat and manageable two-bedroom unit in a prime location, offering excellent investment potential and comfortable living options.

🏡 Property Highlights

  • Neat, low-maintenance yard for easy upkeep
  • Convenient location within walking distance to Mildura Central
  • Two bedrooms with built-in robes
  • Currently rented at $380 per week, ideal for investors
  • Separate titles available for potential combined investment
  • Comfortable living with evaporative cooling and split system

✨ Key Features

  • Built-in Robes
  • Outdoor Area
  • Open-Plan Living
  • Split System
  • Undercover Area
  • Garage / Secure Parking
  • Electric Hot Water
  • Electric Cooking
  • Fully fenced
  • Pet-Friendly

Mildura is a vibrant regional hub known for its excellent amenities, diverse dining options, and outdoor lifestyle. The suburb offers convenient access to shopping centres, parks, and public transport, making it ideal for both investors and residents seeking a relaxed yet connected community. Its growing popularity is driven by affordability, lifestyle, and strong rental demand.

What is the condition of the property and are there any recent renovations?
The property is well-maintained with a neat appearance and no recent renovations noted, making it move-in ready or suitable for minor updates.
What are the ongoing costs associated with owning this property?
Ongoing costs include council rates, water charges, and maintenance, with current rental income providing a strong return on investment.
Is the property suitable for first-time buyers or investors?
Yes, its manageable size, rental income potential, and proximity to amenities make it ideal for both first-time buyers and investors.
Are there any restrictions or covenants on the property?
There are no specific restrictions or covenants mentioned; however, buyers should verify with local council for any zoning or planning regulations.
What is the rental yield and vacancy rate in this area?
The property currently rents for $380 per week, offering a solid rental yield; local vacancy rates are typically low due to high demand.
Are there any upcoming planned developments or zoning changes in the area that could affect property value? Has the property been inspected for structural issues or pests? Are there any easements or encumbrances on the title that could impact future use? What are the council rates and other ongoing costs for this property? Is there any history of flooding or bushfire risk in this area? Are there any restrictions on future renovations or extensions? What is the history of the property's rental income and occupancy rates? Are there any planned infrastructure projects nearby that could cause noise or disruption? Is the property compliant with all current building and safety standards? Are there any strata or community fees applicable if the property is part of a larger complex?

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

$420,000 - $462,000

Neat, manageable and conveniently located, 408 San Mateo Avenue offers an easy care two bedroom home on its own 433m² (approx.) title, tucked privately behind 406 San Mateo and within walking distance of Mildura Central, supermarkets and Gateway Tavern/Verde Mildura.

Both bedrooms include built in robes, while the central bathroom services the home with ease. Electric cooking and hot water cater to the everyday essentials, complemented by evaporative cooling and a split system for comfort throughout the seasons.

Outside, the neat low maintenance yard keeps upkeep to a minimum, while a small paved undercover area provides a sheltered spot to enjoy the outdoors. A single carport completes this straightforward and practical property.

Currently rented at $380 per week, 408 San Mateo presents an attractive proposition for investors, while its manageable size and close proximity to shopping and amenities also make it an appealing option for those considering a future move.

For buyers looking to expand their investment, neighbouring 406 San Mateo Avenue is being offered separately on its own title. Purchase 408 individually or consider securing both properties, creating a unique opportunity to hold two neighbouring residences while retaining the flexibility of separate titles.
Type
Unit
Bedrooms
2
Bathrooms
1
Parkings
1
Area
443 m²
House Size
95 m²

Price guide

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