1 Cardamon Avenue, Mickleham VIC 3064

1 Cardamon Avenue, Mickleham VIC 3064
4-bed family house with three bathrooms | rare extra-bathroom layout | owner-occupied Mickleham street | close to local schools | broad family buyer appeal A genuinely useful layout edge is offered by this 4-bedroom, 3-bathroom, double-garage house. Only two bathrooms are found in most standard local houses, so the third bathroom reduces morning congestion and adds practical flexibility. The detached-house format and family-oriented configuration mean it is well positioned for owner-occupier buyers seeking move-in-ready space. Appeal is strengthened by nearby government primary and secondary school catchments. In a suburb where detached housing dominates, this property is best suited to first-home buyers and young families wanting space without immediate renovation. What might materially affect value is the lack of confirmed detail on internal finishes and condition. If the kitchen, bathrooms, and flooring are dated or basic, the price may settle closer to the lower end of expectations; if they reflect a current standard, the extra bathroom could justify a premium over typical 4-bedroom stock. A role is also played by land size and street position, and the slower, near-flat price growth currently seen across the suburb should be weighed. Buyers are advised to compare immediate usability against longer-term capital growth before forming a price view. >> Comparable Sales: 2 Sturt Way, Mickleham, a 3-bed house, sold at $595,000 | Property Price Band: $650k to $750k | Value Drivers: extra bathroom, land size, school catchment proximity
Detailed Independent Property Report prepared  by PropCred Analyst team for 1 Cardamon Avenue, Mickleham VIC 3064
Checks found:
Value Risk ✓
Liquidity Risk ✓
Planning Risk ✓
Income Risk ! 1
Execution Risk ✕ 2
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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

Bedrooms

4

Bathroom

3

Parking

2

Land

251m²

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