39 Plimsoll Street, Mickleham VIC 3064

39 Plimsoll Street, Mickleham VIC 3064
Metricon-built family house | 4 bed 2 bath 2 car | study + premium finishes | solar & double glazing | growth-area setting A competitive edge is found in the four-bedroom, two-bathroom, double-garage layout, with a master suite at the front and separate secondary bedrooms. The dedicated study and open-plan living areas broaden its appeal to families needing workspace. The Metricon build signals solid construction, while stone benchtops, soft-close joinery, double glazing, solar PV, and ducted heating/cooling lift the property above standard new stock in the area. It is well positioned within a masterplanned growth estate, where the demand character is family-driven and new-product oriented. The best fit is a buyer looking for a finished, contemporary house with an efficient floor plan and premium touches. Value might be shaped by the floor plan’s liveability, the lot’s orientation and outdoor space, and the ongoing appeal of solar and double glazing as cost-saving features. New housing supply in the estate may keep resale competition steady, so condition and presentation will remain important. A potential constraint could be the lack of a ground-floor bedroom, which may not suit every family.
Detailed Independent Property Report prepared  by PropCred Analyst team for 39 Plimsoll Street, Mickleham VIC 3064
Checks found:
Value Risk 2
Liquidity Risk 2
Planning Risk 2
Income Risk
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: 41 Plimsoll Street (similar 4-bed Metricon build) sold at $705,000 | Property Price Band: $700K–$800K | Value Drivers: condition, layout efficiency, solar & double-glazing

Bedrooms

4

Bathroom

2

Parking

2

Land

350m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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