45 Yarradale Drive, Mickleham VIC 3064

45 Yarradale Drive, Mickleham VIC 3064
| 223mยฒ lot | built 2015 | no overlays | rental yield 4-4.5% | rising suburb | The primary risk is the compact land size, which limits future subdivision or extension options and may constrain capital growth relative to larger blocks in Mickleham. The absence of bushfire, flood, or heritage overlays reduces holding risk. The propertyโ€™s modern build and low-maintenance yard reduce ongoing costs. For a buyer, this is a sound entry-level hold, best suited as a long-term residential property or stable rental investment. Competitively, the house offers a 2015 build with quality inclusions like air conditioning and a study, rare for the price point. FTTP NBN and 5G coverage support remote work. The location near primary and secondary schools with rising suburb values strengthens buyer position. This property best serves first-home buyers or investors seeking a low-maintenance asset with immediate rental demand. To proceed, verify the exact land title and arrange a building inspection.

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

WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

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.
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

1

Land

225mยฒ

Assessments Delivered Today

WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat