Lot 813 - Woodsong Estate - Mickleham

Description

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Mickleham is a rapidly growing outer suburb of Melbourne, located about 29 km north of the city’s central business district within the City of Hume. As of the 2021 census, it had a population of around 17,400, a huge increase from just over 3,000 in 2016, making it one of Melbourne’s fastest-growing residential areas.

Originally a rural and agricultural area, Mickleham has transformed into a developing suburban community filled with new housing estates such as Merrifield, Trillium, and Botanical. The suburb is popular among young families and first-home buyers due to its relatively affordable housing, modern homes, and quieter lifestyle compared to inner-city areas. It features a family-oriented environment with parks, schools, childcare centres, and planned town centres continuing to expand as the population grows.

Mickleham offers a semi-rural feel with open spaces and natural surroundings, while still being connected to major transport routes like the Hume Freeway and located within driving distance of Melbourne Airport. However, like many fast-developing outer suburbs, infrastructure such as public transport, shopping hubs, and road networks is still catching up with the rapid population growth. Overall, Mickleham is considered an emerging suburb with strong future potential, especially for families seeking space and new housing developments on Melbourne’s northern fringe

• Property Type: Prestige House & Land
• Property Stage: N/A
• Price: $ 767,320.00
• Land Price: $ 403,000.00
• Build Price: $ 364,320.00
• Beds: 3
• Bath: 2
• Garage: 2
• Storey: N/A
• Study: N/A
• Power Rooms: N/A
• MPR: N/A
• Powder Room: N/A
• Balcony: N/A
• Floor Plan: Enzo
• Completion: N/A
• Land Size: 258
• Area Size: 129.50
• Year Built: N/A
• Est. Rates: N/A
• Est. Rent PW: 495.00
• Est. Body Corp.: N/A
• Title Status: N/A
• Gross Per Week: $ 495.00
• Gross Per Annum: $ 25,740.00
• Gross Yield: 3.35%
• Capital Growth 12 Months: -1.52%
• Capital Growth 10 Year Annualised: 5.27%
• Vacancy Rate: 1.51%