3/38 Mallard Circuit, Craigieburn VIC 3064

3/38 Mallard Circuit, Craigieburn VIC 3064
4 bed townhouse in established street| Flood-aware zoning| School catchment appeal| Double storey layout| Steady rental performer. This four-bedroom townhouse with two bathrooms and two parking spaces suits growing families or investors eyeing reliable school proximity in a family-oriented pocket. Its double-storey design delivers practical separation of living and sleeping zones, ideal for households needing space without the upkeep of a detached home. Sitting within a quiet circuit of similar townhouses, it blends seamlessly into a streetscape geared toward low-maintenance communal living. Buyers drawn to these setups often include young professionals upgrading from units or first-home families prioritising bedroom count over expansive yards. In the local market, comparable four-bedroom townhouses hold value steadily, buoyed by consistent rental demand around $850 weekly as seen in recent yields. The property’s position near Aitken Hill Primary and Elevation Secondary College adds enduring draw for education-focused purchasers. Flood risk overlay noted in zoning warrants due diligence, yet this hasn’t deterred steady performance in past rentals. Long-term, its modern build and street integration promise solid holding appeal amid Craigieburn’s family-driven growth, where such formats resist oversupply pressures. Overall, it positions as a pragmatic choice for those valuing functionality over flair.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Craigieburn is a major northern growth suburb experiencing sustained population growth and housing demand. Median house prices generally sit in the mid-$600k range, supported by first-home buyers and upgrading families seeking value in MelbourneΒ’s north. Demand is underpinned by strong infrastructure including rail services, major shopping centres, and employment zones. The suburb continues to benefit from large-scale residential development and expanding community facilities.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

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