Lot 28 Davis Crescent, Mildura VIC (6 beds)

Description

Discover the best of modern living with this Rooming House in Mildura. Offering 6 bedrooms, 6 bathrooms and 2 car spaces, it has been designed for comfort, ease of living and long-term durability. From its thoughtful layout to its low-maintenance features, this property makes everyday living simple and rewarding. Perfect for investors, it also provides lifestyle appeal for those seeking a place to call home. It’s a versatile choice that ticks every box.

Suburb profile:

Mildura is a thriving regional city along the Murray River, known for its warm climate, outdoor recreation, and strong sense of community. The area offers excellent amenity including schools, hospitals, major retail precincts, and year-round tourism attractions. Its economy is supported by agriculture, renewable energy, logistics, and cross-border trade, creating stable employment and sustained population growth. With affordable housing and rising rental demand, Mildura continues to stand out as an attractive investment market in regional Victoria.

Inclusions:

• 2700 mm Ceiling Height
• 1 B Housing Type Compliance
• Full T-Key Inclusions
• Keyless Lock - Main Entrance Door & All Bedroom Doors
• Additional Hot Water System For Additional Ensuites
• Air Conditioner In All Bedrooms & Living Area
• Hybrid Flooring to Bedrooms & Living and Tiles to the Wet Areas
• 10 Year Structural Warranty
• 900 mm Cooktop and 600 mm dishwasher in kitchen
• Provide 2340h x 920w front door in lieu of standard
• 6B Furniture Pack

Designed to perform in today’s rental market, this Rooming House in Mildura combines reliable yield with capital appreciation potential. It’s a well-rounded opportunity that fits both short-term goals and long-term strategies. A solid investment you can depend on.

Single-person households are on the rise, accounting for a significant 25% of all households in Australia. This trend shows no signs of slowing down, and experts project a continued growth in single-person households, reaching an estimated 3 to 3.5 million over the next two decades. This surge underscores the increasing demand for housing options tailored to individual occupants.

Rooming house properties represent a form of shared accommodation, offering private bedrooms with ensuite bathrooms, and often including living and kitchenette facilities akin to a compact, one-bedroom unit or apartment. These properties appeal to tenants seeking affordable, adaptable, and hassle-free living arrangements that align with their lifestyles and requirements.

Many rooming houses are strategically situated in suburban areas, providing proximity to transportation, shopping centers, restaurants, cafes, and community hubs—making them an enticing choice for tenants.

Typical rooming house tenants encompass young professionals, students, digital nomads, entrepreneurs, creatives, and seniors who prioritize convenience, connectivity, and collaboration.

For investors, rooming house properties offer a compelling value proposition. They present a high-yield, low-risk, and forward-looking investment opportunity. Rooming house properties consistently maintain higher occupancy rates, lower vacancy rates, and reduced turnover compared to traditional rentals. This aligns with the burgeoning demand for affordable and flexible housing solutions in urban settings.

Additionally, rooming house properties often boast higher capital growth potential, given their prime locations with access to transportation, education, employment, and entertainment hubs.

Why are rooming houses so attractive to investors?

• High Demand: Rooms are in high demand, ensuring quick occupancy.
• Higher Yields: Often double compared to the suburb average.
• Diverse Tenant Base: Young professionals and older singles generally seek this accommodation category.
• Tax Depreciation: Benefits from fixtures and fittings.
• Income Security: Steady income flow even when one tenant moves out.