24 Thyridia Street, Mickleham VIC 3064

Two master ensuites on a 178m² block | below-median price guide in Mickleham | 3 days on market, inspections scheduled | family configuration on small lot. This property’s strongest buying case lies in its rare configuration: two master bedrooms each with a private ensuite and built-in storage, on a compact 178m² block. For a family or investor targeting the outer Melbourne growth corridor, this layout effectively maximises usable space while avoiding the premium of a larger land holding. The agent price guide sits below Mickleham’s four-bedroom median of $715K, positioning this house as a competitively priced entry point into a suburb with 828 sales this year and a 43% auction clearance rate—indicating steady, if not overheated, demand. The short time on market (3 days) and scheduled inspections suggest early interest, which can work in a buyer’s favour if a pre-auction offer is considered. The principal risk is the very small land component on a standard residential lot with no overlay protections, limiting future subdivision or significant value uplift from land appreciation alone. The block’s size also constrains parking and outdoor amenity, which may narrow the buyer pool at resale. However, the location within a high-growth suburb (average age 31, population 17,452) and proximity to Mickleham Primary School (1.1 km) support sustained rental or owner-occupier demand. A building and pest inspection is available for $449, a low-cost hedge against structural surprises. For a buyer, this property is best held as a long-term family home or rental in a corridor where population inflow is likely to underpin values, rather than a short-term flip.