Lot 813 - Woodsong - Mickleham

Mickleham, Melbourne, VIC, 3064

$ 779,565

Mickleham, Melbourne, VIC, 3064
House and Land Investment Property in Mickleham, VIC (3.3% Yield) | Aus Investment Properties - Photo 1
House and Land Investment Property in Mickleham, VIC (3.3% Yield) | Aus Investment Properties - Photo 2

Property Images

House and Land Investment Property in Mickleham, VIC (3.3% Yield) | Aus Investment Properties - Photo 1 House and Land Investment Property in Mickleham, VIC (3.3% Yield) | Aus Investment Properties - Photo 2
  • House and Land
  • Property Type
  • 3
  • Bedrooms
  • 2
  • Bathrooms
  • 2
  • Cars
  • 137

Details

Updated on Oct 29, 2026

Property Type: House and Land
Price: $ 779,565
Land Price: $ 408,000
Build Price: $ 371,565
Gross Per Week: $ 495
Gross Per Annum: $ 25,740
Gross Yield: 3.3%
Capital Growth 12 Months: 7.62%
10Yr Annualised Growth: 7.18%
Vacancy Rate: 4.05%
Property Size: 137 m2
Land Area: 258 m2
Bedrooms: 3
Bathrooms: 2
Parking: 2
Title Status: N/A
Property ID: 43139
SKU: 1001

Description

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Mickleham, located ~29 km north of Melbourne’s CBD in the City of Hume, is among Australia's fastest-growing suburbs, with its population surging from 3,142 in 2016 to 17,452 by 2021. This youthful, multicultural community—where the median age hovers around 29—attracts many young families, first-home buyers, and couples seeking spacious living and strong community ties .

Mickleham’s urban core is still developing, but a new town centre currently underway will include around 25 specialty stores, a gym, medical centre, pharmacy, food outlets, and an early learning/kindergarten facility  Meanwhile, conveniences such as community centres, tennis courts, and playgrounds sit adjacent to Mickleham Primary School. For larger retail needs, residents often head to nearby Craigieburn or Donnybrook.

The suburb offers a solid range of schooling: Mickleham Primary School (P–6), Hume Anglican Grammar (P–12), and the upcoming Darul Ulum Academy (Islamic school) that opened in 2022. Additional options include Catholic and independent schools in adjacent suburbs.

Mickleham is car-dependent—about 68% of residents drive to work—with only ~3.7% using public transport. The suburb has good road access via Mickleham Road and the Hume Freeway. Public transport is limited, but future expansion of bus services and V/Line coach/train links are under consideration as infrastructure efforts are racing to catch up with growth .

Flooded with new estates like Botanical, Trijena, Annadale, Merrifield, The Woods, Waratah, and Trillium, Mickleham offers generous lot sizes, extensive parks, and a burgeoning sense of community. While praised for affordability and scale, it also faces criticisms—particularly the uniform, heat-vulnerable housing styles and lagging infrastructure .

Forecasted value over 20 Years

Forecasted value is based on the 10 Year annualised growth.

Address Lot 813 - Woodsong - Mickleham
City Melbourne
State VIC
Postcode 3064
Suburb Mickleham
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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