133 Blackmore Road, Mickleham VIC 3064
133 Blackmore Road, Mickleham VIC 3064
New build | 5-bed scale | 297m² floorplate | 535m² lot | Family-focused growth corridor
This is a competitively strong property for its segment because it combines a 2023 build with a genuinely large floorplan on a modest but workable block. The five-bedroom configuration with two bathrooms and an ensuite gives it a clear edge over the typical four-bedroom family home in newer estates, and the 297m² building size means the interior volume is well above what most buyers in this price range would expect. It sits in a growth-area suburb where most stock is recent, but this one stands out for sheer size and modern finish. The property is best suited to a growing family wanting move-in-ready space without the maintenance burden of an older home, or an owner-occupier looking for long-term comfort in a developing corridor.
The value picture is shaped by a few factors that may influence how the market receives it. The bed count inconsistency between sources could create confusion during due diligence, and while it does not affect the physical property, it might slow buyer confidence. The land-to-building ratio is tight, so there is limited room for future extension or a large shed, which may matter to some buyers. Rental demand appears solid given the school proximity and modern layout, but the yield is moderate, so an investor might weigh capital growth over cash flow. The absence of overlay risks and strong infrastructure access supports price stability, though the growth-area setting means streetscape maturity is still developing. These factors should be weighed against the property’s clear size advantage.
|| Comparable Sales: 152 Blackmore Road sold Aug 2025, price not disclosed; 66 Blackmore Road land sold May 2023 | Property Price Band: $1.0M–$1.1M | Value Drivers: large floorplan, new construction, school proximity
Detailed Independent Property Report prepared by PropCred Analyst team for 133 Blackmore Road, Mickleham VIC 3064
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
1
Income Risk
Execution Risk
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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: 152 Blackmore Road sold Aug 2025, price not disclosed; 66 Blackmore Road land sold May 2023 | Property Price Band: $1.0M–$1.1M | Value Drivers: large floorplan, new construction, school proximity
Bedrooms
5
Bathroom
2
Parking
2
Land
535m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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