26 Plimsoll Street, Mickleham VIC 3064
26 Plimsoll Street, Mickleham VIC 3064
Compact four-bedroom Metricon house | double-glazed and solar included | modest 262 m² lot | family-focused estate location | modern inclusions above entry level
This house is configured to suit a family buyer who wants four bedrooms and two living-friendly zones without the maintenance of a larger block. The single-storey layout with master at the front and three secondary bedrooms in a rear wing is practical, and the inclusion of double glazing, solar PV, stone benchtops and soft-close cabinetry lifts it above standard new-build specification in Mickleham. For a buyer entering the market or upgrading from an older unit, this offers move-in-ready convenience in a growth-fringe suburb where similar detached stock is common but not always this well finished. It sits best with owner-occupiers who value indoor comfort and energy efficiency over outdoor space, and with investors seeking a modern low-maintenance house in a rental-friendly corridor.
The compact land size may limit price growth compared with larger lots nearby, and the lack of a stated build year makes it harder to gauge depreciation or warranty position. Street aspect and exact school zoning are not confirmed, which might matter to families with school-age children. The house’s value may also be influenced by how many identical Plimsoll Street layouts are being marketed at once, as buyer choice in the immediate estate could soften urgency. That said, the inclusion package and detached-house format should hold appeal in a suburb where house-and-land packages are the norm and rental demand remains steady.
Detailed Independent Property Report prepared by PropCred Analyst team for 26 Plimsoll Street, Mickleham VIC 3064
Checks found:
Value Risk
✕
2
Liquidity Risk
✓
Planning Risk
!
1
Income Risk
!
1
Execution Risk
✕
2
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.
PropCred Estimated Value
Comparable Sales: 744 Plimsoll Street sold in a similar $500K–$600K range; a nearby house-and-land package settled near $650K | Property Price Band: $550K–$650K | Value Drivers: double glazing and solar inclusions, four-bedroom layout, modern presentation on a compact lot
Bedrooms
4
Bathroom
2
Parking
2
Land
263m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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