709 Grand Boulevard, Mickleham VIC 3064

4-bedroom modern house | Mickleham | FTTP & 5G | 350m² lot | zoned Mickleham Primary & Elevation Secondary The buying case here rests on a clean, modern 4-bedroom house with a floor plan that suits a family seeking low-maintenance living in a growth corridor. The open layout and streamlined finishes reduce immediate renovation needs, which is rare in this price bracket. The property sits in a street with 85% owner-occupancy, signalling stable neighbourhood character and lower turnover risk. For a buyer targeting Mickleham’s family market, this house offers a direct path to rental demand at an estimated $550 per week, with the school zoning adding practical appeal for tenants or future resale. The key risk is the lot size: at 350m², there is limited scope for extension or capital uplift through subdivision, which caps long-term value growth compared to larger blocks in the same suburb. The valuation range of $710,000–$790,000 sits above the current list price, so a buyer paying near the lower end may capture immediate equity. The 43% auction clearance rate in Mickleham suggests softer demand, so negotiating below $700,000 is realistic. Hold this property as a stable rental with moderate capital growth, not a renovation play.