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INDUSTRIAL, RESIDENTIAL

& COMMERCIAL LAND

The Mildura-Wentworth region provides substantial opportunities

for industry expansion and new investments, offering land for

industrial, residential and commercial development.

A number of longer term strategies have been identified by the

Mildura Rural City Council, including provision for retail and

commercial investment for the Riverfront precinct. Further

strategic work on residential development has also been done

through the Mildura Housing & Settlement Strategy, which was

completed in December 2013.

Mildura Rural City Council

The Loddon Mallee North Draft Regional Growth Plan supports

the development potential of the Mildura region, highlighting

positive growth projections as well as the considerable amount

of land available for development. (Department of Transport,

Planning & Local Infrastructure, 2013)

Industrial

In total there is in excess of 25 years industrial zoned land across

the municipal area of Mildura based on the average annual rate

of land consumption in the period 2003 to 2011.

(Urban Development Program Regional Industrial Report 2011)

Residential

Mildura Rural City Council adopted the Mildura Housing &

Settlement Strategy in December 2013, which provides

impetus for residential growth for the next 20 years right

across the municipality.

The Mildura region provides a more affordable residential

product, with median prices for houses, land and rural/lifestyle

lots significantly below median prices for regional Victoria.

The Mildura region accommodates a diversity of residential

development, including niche property developments such as

Dockside Mildura and Fairways Mildura, as well as opportunities

for medium density through to low density.

(Hansen Partnership, 2013)

With the ability to opt for rural town living or regional city living,

residential property supply is plentiful as has been quantified by

Mildura Rural City Council, with an estimated 20 year supply of

zoned stock. (Regional Urban Development Program - Mildura)

Commercial and Retail

Mildura Rural City Council adopted the Mildura Retail Strategy

in 2010. The area of retail floorspace is estimated at 150,000m

2

as at February 2010. This includes:

• Mildura CBD

• Mildura Central and adjacent new retail developments

• Fifteenth St Homemaker Precinct

• Neighbourhood Centres in Urban Mildura

• Town Centres of Merbein, Red Cliffs and Irymple

• Local shops and stand-alone stores

Within the trading area, retail spending is forecast to increase

between $1.4 billion and $1.5 billion by 2025. Over the next

10 years, the region could support another 60,000m

2

of retail

floor-space, of which 40,000m

2

is likely to be in conventional

retailing and 20,000m

2

in a homemaker centre or precinct.

96

2014 Regional Overview

Mildura-Wentworth

milduraregion.com.au

Available Land