1229 Morley Street Mickleham, VIC 3064

Mickleham, Hume, VIC, 3064

$ 871,944

Mickleham, Hume, VIC, 3064
House and Land Investment Property in Mickleham, VIC (3.4% Yield) | Aus Investment Properties - Photo 1

Property Images

House and Land Investment Property in Mickleham, VIC (3.4% Yield) | Aus Investment Properties - Photo 1
  • House and Land
  • Property Type
  • 4
  • Bedrooms
  • 2
  • Bathrooms
  • 2
  • Cars
  • 210

Details

Updated on Oct 20, 2026

Property Type: House and Land
Price: $ 871,944
Land Price: $ 466,000
Build Price: $ 405,944
Gross Per Week: $ 570*
Gross Per Annum: $ 29,640
Gross Yield: 3.4%
Capital Growth 12 Months: 7.62%
10Yr Annualised Growth: 7.18%
Vacancy Rate: 4.05%
Property Size: 210 m2
Land Area: 400 m2
Bedrooms: 4
Bathrooms: 2
Parking: 2
Title Status: Dec '26
Property ID: 37373
SKU: 1045

Description

This House in Mickleham has been carefully crafted to offer both practical living and solid returns. Featuring 4 bedrooms, 2 bathrooms and 2 car space/s, it balances functionality with contemporary style. Designed to meet the demands of modern tenants, it provides strong rental performance and long-term growth. Its combination of design, location and value makes it a reliable investment option. A smart addition to any property portfolio.

Mickleham is one of Melbourne's fastest-growing northern suburbs, popular with families and young professionals. The area combines modern housing estates with access to established schools, shopping centres, and transport links. Residents enjoy a community-focused lifestyle surrounded by green spaces, while being within easy reach of Melbourne's CBD. The suburb continues to attract strong demand, making it an appealing choice for both homeowners and investors seeking long-term growth.

This property represents a balanced investment, offering both lifestyle comfort and strong growth potential. Its design, location and functionality make it a dependable choice for investors and homeowners alike. A smart decision for those looking toward the future.

A House and Land Package offers a complete, turnkey solution by combining a brand-new home build with a carefully selected block of land.

Designed for modern living, these packages provide flexible floor plans, contemporary finishes, and the convenience of a streamlined building process.

Ideal for both owner-occupiers and investors, they deliver a hassle-free pathway to securing a quality property in a growing community.

Investing in a House and Land Package presents strong value, with fixed pricing, potential stamp duty savings, and reduced maintenance costs.

With increasing demand in emerging suburbs, these properties offer excellent prospects for rental yield and long-term capital growth.

Floor plans

Forecasted value over 20 Years

Forecasted value is based on the 10 Year annualised growth.

Address 1229 Morley Street Mickleham, VIC 3064
City Hume
State VIC
Postcode 3064
Suburb Mickleham
Estate Merrifield
Region Melbourne

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Capital Growth 12 months, measures the increase in a property’s value over the previous 12 months, indicating how much the investment has appreciated in that timeframe.

Capital Growth 10-year annualised, reflects the average annual increase in a property’s value over the last decade, smoothing out short-term fluctuations to show long-term appreciation trends.

Vacancy Rate, indicates the percentage of properties that are currently unoccupied in that postcode, It’s a key indicator for investors to assess the rental demand.

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