The Mildura suburb profile reveals that this thriving regional hub in Victoria boasts a growing population and a vibrant real estate market. With its unique blend of lifestyle and economic opportunities, Mildura stands out as an attractive destination for home buyers and investors alike.
- The population of Mildura is 34,565, with a median age of 39.0 years according to the ABS Census 2021.
- As of the April-June 2025 quarter, the median house price in Mildura is $519,000, showcasing a year-on-year growth of 6.9%.
- Median household income in the region is $1,295 per week, while median rent sits at $280 per week.
What do the numbers say in Mildura?
Mildura has demonstrated impressive growth, evidenced by its real estate data. According to the DataVic/REIV data sourced from the CRM brain, the median sale price for houses currently stands at $519,000. This represents a remarkable quarter-on-quarter increase of 20.6% and a 6.9% rise year-on-year. Such increases indicate a strong demand for housing in the area, making Mildura a compelling option for property investment.
Furthermore, the median price for land in Mildura sits at $185,000, albeit with a slight decrease of 1.1% both quarter-on-quarter and year-on-year. This stability reflects a mature land market. Despite a small decline in value, the purchase of land remains a viable investment strategy in the region. Units, on the other hand, have a median price of $355,000, with an 11.3% quarterly increase though a minor yearly decrease of 0.7%.
What are the key considerations?
Demographics play a crucial role in understanding the suburb intelligence profile of Mildura. As per the 2021 ABS Census, Mildura is home to 34,565 people with a median age of 39.0 years. The community enjoys a median household income of $1,295 per week, contrasted by a median rent price of $280 per week. These figures suggest a region where opportunity meets affordability.
When considering investments in Mildura, it’s essential to evaluate the local amenities, which include excellent schools, health facilities, and vibrant cultural venues. The local economy is supported by agriculture, tourism, and retail, providing diverse employment opportunities.
How does Collings help?
At Collings Real Estate, we leverage extensive market knowledge to guide our clients through the competitive property landscape of Mildura. Whether you are looking at Mooroolbark or planning a move to Mildura, our property strategists are equipped to offer personalized advice and insights tailored to your needs.
Our experts assist in finding properties that align with lifestyle preferences and investment goals. For those considering buying or selling in the area, our services ensure a seamless experience. We invite you to sign up on our portal for the latest updates and exclusive off-market opportunities.
Frequently asked questions
Is Mildura a good place to invest?
Yes, Mildura is an attractive investment location due to its economic growth and rising property values.
What makes Mildura a lifestyle-friendly suburb?
Mildura offers a vibrant lifestyle with cultural venues, quality schools, and healthcare facilities.
How can I learn more about property in Mildura?
Contact a Collings property strategist to explore investment options.
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