182 Brossard Road, Mickleham VIC 3064
182 Brossard Road, Mickleham VIC 3064
4-bed house in Mickleham | Price guide below median | 43% clearance rate | 60-day average DOM
This property is positioned competitively below the suburb median of $715,000, which gives a buyer negotiating room in a market where 43% of auctions clear. The short three-day market exposure suggests limited competition so far, and the street’s 85% owner-occupier profile indicates stable neighbourhood demand. The property suits first-home buyers or investors seeking a below-median entry point into a growth corridor, with two government schools within catchment adding practical family appeal.
The primary risk is the 60-day average days on market, signalling that properties here do not sell quickly unless priced sharply. The auction format on 13 June may expose the property to clearance rate pressure, particularly if buyer turnout is low. However, the price guide below median and the absence of recent comparable sales on the street create an opportunity for a motivated buyer to secure the property before auction or negotiate from a position of strength.
Detailed Independent Property Report prepared by PropCred Analyst team for 182 Brossard Road, Mickleham VIC 3064
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
2
Income Risk
1
Execution Risk
2
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Market Insight
Mickleham is a rapidly expanding northern growth corridor, characterised by new master-planned communities and evolving infrastructure. Demand is primarily driven by families and young professionals seeking affordable, modern housing within a developing amenity base. The market demonstrates stable capital growth across housing types, supported by strong population influx, though properties experience a longer sales period. Future prospects are underpinned by significant residential and mixed-use development, yet this substantial new supply presents a key consideration for sustained price momentum.
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PropCred Estimated Value
Bedrooms
4
Bathroom
3
Parking
2
Land
267m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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