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Mildura (VIC) property development snapshot

GoSiteHunt Research · Victoria · Other Regional Centres · sales Apr-Jun 2025 · rents moving annual median, year to Sep 2025

$518,500
Median house price · Apr-Jun 2025
+20.6%
Median change, year on year
211
House sales in the period
$480/wk
Median rent · 3-bed houses
4.8%
Indicative gross yield
#1
of 50 · Victoria Opportunity Index

Median rents by bedroom

Type1-bed2-bed3-bed4+ bedAll
House$380/wk (113 bonds)$480/wk (653 bonds)$580/wk (223 bonds)
Unit$280/wk (77 bonds)$350/wk (199 bonds)$450/wk (50 bonds)

Bond-lodgement medians from the Homes Victoria Rental Report, Victorian Government (CC BY 4.0), moving annual median, year to Sep 2025. "Low sample" = the count is masked or small at source; treat those medians with care.

What the data suggests for developers.

A gross yield around 4.8% is middling: it neither rescues nor kills a development case in Mildura. End values and build cost will decide the feasibility, with rent as a secondary support. The median moved +20.6% year-on-year on 211 sales — momentum is real, but never pay for it twice: if the asking price already banks the growth, the residual land value has to be run on today's evidence, not the trend line. Mildura currently ranks #1 of the 50 areas in the Victoria Opportunity Index — the yield, movement and developer buy-box demand mix lines up better here than in most of the state's qualifying areas. Rental depth is genuine: 653 bonds behind the headline median means the rent figure is an observed market, not a handful of tenancies. All of the above is area-level screening, not advice: a specific parcel lives or dies on zoning, overlays, frontage, and the end value of what it can actually carry.

Check a specific address in Mildura.

This page is suburb-level screening. For one property — zoning, what could be built, what a developer could pay — run a GoSiteHunt site check, screen it with the free Deal Killer Checklist, or see how many units fit on a block.

Related suburb snapshots: Bairnsdale · Barwon Heads · Benalla

State-wide ranking: Victoria Opportunity Index · all covered areas: suburb data hub

Granularity & method.

Suburb-level sale medians from the Valuer-General's quarterly series (published in arrears). Rents are Homes Victoria bond medians, published for grouped suburb areas — where shown, the rent row names the group. Indicative gross yield = headline weekly bond median × 52 ÷ sale median — a screening ratio, not a valuation input.

Sources: Victorian Property Sales Report, Valuer-General Victoria / DTP (CC BY 4.0) · Homes Victoria Rental Report, Victorian Government (CC BY 4.0) · Indicative screening data — not financial, investment, valuation or planning advice. Area medians can move sharply between periods, especially on thin samples. © Madison Jade Pty Ltd.