Property News
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Mildura units rise in value
UNITS in Mildura have skyrocketed in value, increasing at the 10th highest rate for regional Victoria. According to property analysis company PropTrack, the median value…
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Further drop in affordable rentals
THE number of rental properties under $400 a week in Victoria’s north-west has fallen almost 24 per cent over the past three years. Australia-wide, the…
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Farm house ban lifted
VICTORIA’S planning umpire has overturned a Mildura Council decision to refuse a permit for a dwelling within the Farming Zone on the basis that it…
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Mildura farm sales, values down
FARMLAND sales and values in the Mildura municipality have slumped, while the wider Mallee region has recorded its eighth consecutive year of growth. Growth in…
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Tenants at risk of rising rent in tight market
MILDURA tenants are at risk of ongoing rent rises if “extremely tight” vacancy rates do not increase. Mildura’s vacancy rate sits at 0.8 per cent,…
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Developers ‘ecstatic’ as marina project moves a step closer
PROPONENTS of the $14 million Mildura Marina hotel, convention centre and apartment precinct say they are “ecstatic” that councillors have paved the way for the…
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Rents set to ‘explode’ in regional Australia
MILDURA’S spiraling rents have been forecast to get even worse as supply struggles to keep pace with demand. The president of independent investment group Property…
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Council offers helping hand with heritage matters
MILDURA Rural City Council is offering free monthly in-person heritage assessments for Mildura residents. People wanting to know if their building has significant heritage value…
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Questions over run-down teacher homes
OPTIONS to address Robinvale’s ailing teacher accommodation offerings are being discussed. A variety of homes in town previously used by the Education Department now sit…
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Rent burden weighing on essential workers
THE average essential worker in northern Victoria spends about half of their wage on rent, creating pressure that is pricing workers out of their communities,…
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Sunraysia’s rental market squeezes even tighter
FINDING a rental home in Sunraysia could be even harder this year, as vacancy rates drop dramatically and rents soar. According to property insight and analysis…
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Property prices on the rise for Merbein
MERBEIN is on its way to being a destination of high demand as property values rise 8.2 per cent over the past three months. Merbein…
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