21 Hallray Road, Mickleham VIC 3064
21 Hallray Road, Mickleham VIC 3064
4/2/2 Metricon built | double-glazed + solar | 350m² lot | family corridor demand | formal lounge + alfresco
This four-bedroom, two-bathroom house is delivered with a Metricon build specification that sits noticeably above entry-level project housing. Stone benchtops, soft-close cabinetry, double glazing, ducted heating, split-system cooling and a solar power system are all included in the advertised condition. The formal front lounge and open-plan family/dining zone are configured for practical family use, and the internal-access double garage adds everyday convenience. On a 350m² lot, the house is consistent with the medium-density new-growth character of Mickleham, where detached family homes on compact parcels dominate supply. It is best suited to owner-occupiers, particularly young families and first-home buyers seeking a low-maintenance house with contemporary finishes, or investors targeting steady family rental demand in a growth corridor. The 4/2/2 layout matches the dominant local housing type, so resale appeal is expected to remain broad within the suburb’s buyer pool.
Value may be influenced by the compact land parcel, which limits subdivision or extension scope. The 18.69-hectare figure in some records conflicts with the marketing description and must be clarified against the title. Outcomes might also be affected by the unstated build year and undisclosed orientation, which could influence depreciation, light, and outlook.
Detailed Independent Property Report prepared by PropCred Analyst team for 21 Hallray Road, Mickleham VIC 3064
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
1
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: 23 Hallray Road (4/2/2, 350m²) sold around $700,000; LOT 2932 Moorhen Street (4/2/2, similar spec) sold near $661,000 | Property Price Band: $650,000-$750,000 | Value Drivers: build specification, land size accuracy, presentation and layout
Bedrooms
4
Bathroom
2
Parking
2
Land
350m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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