Fast 50 Report 2026 Banner

Mickleham

POSTAL CODE: VIC, 3064
HOUSE
UNIT

MICKLEHAM, 3064 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in VIC have risen as a whole, pulling MICKLEHAM, 3064 values up and netting property investors a capital gain of 5.07% for the past year.

Investors saw the median home price rise to $704,000.

Profits due to an upward trend in home prices in the suburb averaged 0.48% per annum over a 3-year period.

MICKLEHAM now ranks at the 461st place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in MICKLEHAM are low, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $550 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In MICKLEHAM, homes and units usually stay on listing for an average of 82.6 days.

In 2016, 803 properties were sold in MICKLEHAM during the past year, making it the 66th most active market in VIC based on total real estate transactions.

Surburb overview

Mickleham is a suburb of the City of Hume, Victoria, located approximately 29 kilometres north of Melbourne's Central Business District. As of the 2021 census, it had 17,452 residents.

The suburb has experienced rapid growth, with its population increasing significantly from 3,142 in 2016. The median age of residents is 29 years. Households in Mickleham are primarily couples with children, reflecting its appeal to young families.

Public transportation options in Mickleham are currently limited. Residents primarily rely on private vehicles for commuting, with 86.7% travelling to work by car.

Essential amenities are developing alongside the suburb's growth. Mickleham Primary School serves the educational needs of younger students. Residents often access nearby Craigieburn for shopping and services, which offers a range of retail outlets and facilities.

Recreational opportunities in Mickleham include several parks and green spaces. The suburb is also near the Mount Ridley Nature Conservation Reserve, offering residents access to natural bushland and walking trails.

Mickleham offers a range of housing options. The median property price is approximately $665,500, and annual capital growth is -2.62%. Rental yields are around 4.25%, and the median weekly rent is $550.

Mickleham presents a rapidly developing suburban environment, balancing new residential developments with emerging amenities, contributing to its appeal as a residential area within Melbourne's northern growth corridor.

You’re out of free articles for this month
Loading form...