13 Morang Street, Mickleham VIC 3064
13 Morang Street, Mickleham VIC 3064
3-bed family house | compact modern estate lot | school-zoned catchment | strong first-home buyer demand | car-dependent outer suburb.
The property is understood as a compact, contemporary family house within a newer residential estate. Its three-bedroom, two-bathroom, two-car configuration is a practical and widely sought-after layout in this part of Mickleham, particularly among first-home buyers and young households entering the detached market. The house is positioned within a school-zoned catchment, which strengthens its appeal to families. The estate surroundings are characterised by modern detached housing, and this property fits neatly into that context. Its strength lies in offering a straightforward, low-maintenance family home with sufficient space and a clear suburban identity. The buyer it serves best is a first-home buyer seeking a functional entry point, or an investor targeting stable family rental demand.
The value may be influenced by the property’s relatively compact land footprint, which might limit future extension options. The continuing build-out of the estate could affect short-term supply and buyer choice. Orientation and internal finishes, although not inspected, may moderate resale appeal. A view on price should be formed with these factors in mind, recognising that the property’s mainstream layout and active growth corridor location offer a degree of value stability.
Detailed Independent Property Report prepared by PropCred Analyst team for 13 Morang Street, Mickleham VIC 3064
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
2
Income Risk
2
Execution Risk
1
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Market Insight
Mickleham, 29km north of Melbourne, is a high-growth fringe suburb anchored by the Merrifield master-planned community. Demand is driven by families and young professionals seeking affordable housing and emerging infrastructure; population jumped from 3,142 to 17,452 between 2016 and 2021. House prices sit at a $700,000 median, with annual growth of 3.8–4.8%, while units median $615,000–$624,000 and grow near 4%. Houses rent for $550 weekly, yielding about 4.1%. Market conditions are balanced but slower: median days on market runs 58–63, and sales volumes vary widely, signalling potential supply fluctuations. Future growth hinges on the Merrifield mixed-use development and new schools, though modest capital growth and longer selling times remain constraints.
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PropCred Estimated Value
Comparable Sales: 13 Waragreen Walk, Mickleham sold at $520,000 | Property Price Band: $600K–$700K | Value Drivers: land size, layout, presentation
Bedrooms
3
Bathroom
2
Parking
2
Land
272m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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