66 Mulberry Pass, Craigieburn VIC 3064

66 Mulberry Pass, Craigieburn VIC 3064
3 bed 2 bath 2 car house | Established family pocket | Mid-4% yield signals | Quiet street appeal This house sits firmly in the mainstream of Craigieburn’s family stock, offering a layout that suits first-home buyers, young families, and investors alike. The 3/2/2 configuration is practical rather than flashy, with double garage and private yard adding everyday convenience. Its position on a quiet pass within a low-density estate strengthens its appeal for buyers seeking a settled, neighbourhood feel over urban intensity. For a family wanting a functional, detached house near schools and shops, this property delivers exactly what the local market consistently absorbs. Value may be shaped by block size and presentation more than anything else. The street shows mixed lot dimensions, so a smaller parcel could cap upside while a well-kept interior or outdoor entertaining area might lift appeal. Ducted heating, cooling, and modern kitchen finishes, if present, would support a firmer price view. Rental demand appears steady, with gross yields around mid-4% typical for this format, which may interest investors weighing long-term hold against immediate cash flow.
Detailed Independent Property Report prepared  by PropCred Analyst team for 66 Mulberry Pass, Craigieburn VIC 3064
Checks found:
Value Risk 2
Liquidity Risk ! 1
Planning Risk ! 1
Income Risk
Execution Risk ! 1
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Market Insight

Craigieburn, in Melbourne’s north-west, is a family-oriented market where low supply and population growth underpin demand. House medians sit around $700k–$715k, up 8–9% annually; units average $460k–$480k, growing 8–12.5%. Sales volume around 1,000 houses yearly, with homes selling in 32–59 days. Rental yields for houses are 4–4.5%, units 4.9–5.2%; weekly rents run $540–$550 and $450–$490 respectively. Future growth hinges on transport infrastructure and population inflows, but very low supply and below-average growth versus Melbourne indicate rate sensitivity. Entry affordability is $700k–$800k.
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PropCred Estimated Value

Comparable Sales: 28 Mulberry Pass sold $685k, 74 Mulberry Pass sold $555k | Property Price Band: $600k–$700k | Value Drivers: land size, condition and updates, garage arrangement

Bedrooms

3

Bathroom

2

Parking

2

Land

480m²

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