Lot 41249 - Hillock Walk - Mickleham

Mickleham, Melbourne, VIC, 3064

$ 711,500

Mickleham, Melbourne, VIC, 3064
Lot 41249 - Hillock Walk - Mickleham-0
Lot 41249 - Hillock Walk - Mickleham-1
Lot 41249 - Hillock Walk - Mickleham-2
Lot 41249 - Hillock Walk - Mickleham-3

Property Images

Lot 41249 - Hillock Walk - Mickleham-0 Lot 41249 - Hillock Walk - Mickleham-1 Lot 41249 - Hillock Walk - Mickleham-2 Lot 41249 - Hillock Walk - Mickleham-3

Overview

Property ID: LA-18934

  • Prestige House & Land
  • Property Type
  • 4
  • Bedrooms
  • 2
  • Bathrooms
  • 2
  • Cars
  • 172

Details

Updated on Oct 31, 2025 at 02:06 am

Property Type: Prestige House & Land
Price: $ 711,500
Land Price: N/A
Build Price: N/A
Gross Per Week: $ 640
Gross Per Annum: $ 33,280
Gross Yield: 4.68%
Capital Growth 12 Months: 0.85%
Capital Growth 10 Year Annualised: 6.02%
Vacancy Rate: 2.30%
Property Size: 172 m2
Land Area: 223 m2
Bedrooms: 4
Bathrooms: 2
Parking: 2
Title Status: N/A
Property ID: 18934
SKU: 1001

Description

*Please be advised that some lots/units may need confirmation of availability. Kindly ensure to check availability first by emailing or phoning us.*bb

Mickleham is a rapidly growing suburb located about 29 kilometres north of Melbourne’s Central Business District, within the City of Hume in Victoria. With a postcode of 3064 and covering roughly 54.7 square kilometres, the suburb has experienced remarkable population growth in recent years, rising from just over 3,000 residents in 2016 to more than 17,000 by 2021. Mickleham is characterised by its young population, with a median age of around 29 to 30 years, and is home to many families, particularly couples with children, living in modern detached houses. The area remains largely low-density, with most properties being freestanding homes and very few high-rise developments.

The suburb offers a blend of rural charm and urban convenience, featuring a mix of zoning areas such as Green Wedge, Urban Growth, and Rural Living zones. The median house price sits around $680,000, with rental properties averaging about $550 per week and yielding around 4.1%. Many residents are homeowners with mortgages, and the suburb’s diverse and multicultural community sees nearly half of its population born overseas. Household incomes tend to be slightly above the Victorian average, reflecting the suburb’s appeal to working families.

Mickleham continues to develop its infrastructure and amenities, with several schools catering to its growing population, including Hume Anglican Grammar School, which offers education from Prep to Year 12. New estates such as Botanical Estate feature emerging retail and lifestyle hubs, while green spaces and parks are scattered throughout the suburb, offering recreational options and a peaceful environment. Although public transport options are still expanding, Mickleham benefits from excellent road connections, including proximity to the Hume Freeway, making commuting to Melbourne straightforward.

As one of the fastest-growing suburbs in Victoria, Mickleham is seeing consistent demand from homebuyers and investors alike. While property prices have shown moderate growth recently, the combination of strong population expansion, ongoing infrastructure development, and good rental yields contributes to the area’s long-term investment potential. Mickleham represents a modern, family-friendly community with plenty of room for future growth and development.

Disclaimer*

Reservation Requirements: 1. Completed EOI (Property Reservation form under Fusion CRM Online Forms) 2. Holding deposit receipt (amount TBA) 3. Copy of client's finance pre-approval letter/comfort letter from the broker 4. Copy of client's ID
All details shown have been provided by third parties, for full details and inclusions please refer to the land and building contracts.

Address Lot 41249 - Hillock Walk - Mickleham
City Melbourne
State VIC
Postcode 3064
Suburb Mickleham

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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.

SMSF Property Investing, when investing inside your SMSF there are some restrictions on how you can purchase investment properties. We use the following information to help navigate the SMSF investment property options.

This property is a single-contract property suitable for an SMSF.

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