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VIC Mildura

Discussion in 'Where to Buy' started by Drgonzo, 11th Aug, 2016.

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  1. Drgonzo

    Drgonzo Well-Known Member

    Joined:
    30th Jun, 2015
    Posts:
    187
    Location:
    Berry NSW
    Anyone have any thoughts or info on the Mildura market as an investment proposition?
     
  2. Shawn

    Shawn Well-Known Member

    Joined:
    28th Jun, 2015
    Posts:
    148
    Location:
    Sydney, NSW, Australia
    I've got one In Mildura. Held it for just over a year.
    What did you want to know?
     
  3. Ace in the Hole

    Ace in the Hole Well-Known Member Premium Member

    Joined:
    18th Jun, 2015
    Posts:
    1,521
    Location:
    Sydney
    Are you happy with it?
     
  4. Shawn

    Shawn Well-Known Member

    Joined:
    28th Jun, 2015
    Posts:
    148
    Location:
    Sydney, NSW, Australia
    Definitely. Had some tenant issues at the start but it's sorted now.
    Depreciation was strong in my tax return ; yield is a bit low for a regional property at 5.65% but I can't complain I guess.
     
  5. ww2_nut

    ww2_nut Member

    Joined:
    18th Jun, 2015
    Posts:
    19
    Location:
    Mildura
    What sort of info are you after?
     
  6. lrmp131

    lrmp131 New Member

    Joined:
    20th Sep, 2016
    Posts:
    1
    Location:
    Mildura
    Mildura is a pretty good place to invest if you compare home prices to capital cities and has pretty low vacancy rates between 1-2%
     
  7. Yson

    Yson Well-Known Member

    Joined:
    4th Jan, 2016
    Posts:
    128
    Location:
    Sydney
    Rental
    Is good but capital is min