FOR SALE
Expression of Interest

235 Carawa Drive
Mickleham VIC 3064

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 300m2
Land area: 216ha
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Prime Land Banking Opportunity of Scale

Raine & Horne Land Victoria is pleased to offer this significant and strategic parcel of land with future re-zoning potential (STCA).
This site is currently located on a fringe on Urban Growth Zone, 45 mins from Melbourne CBD and 20mins to Melbourne Airport
Key Property Features:
• Total Land Area: 216.88 Ha* (535.9 Acres approx.)
• Prime land banking opportunity of significant scale
• Potential for future planning uplift (STCA)
• Green Wedge (GWZ) zoning
• Proximity to existing major residential developments in the area
• Situated near the growth boundary of the approved Merrifield Estate
• Convenient access to Hume Freeway
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Property Details for 235 Carawa Dr, Mickleham

Building Type
Commercial
Floor Size
300m2
Land Size
216ha

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About Mickleham 3064

The size of Mickleham is approximately 54.7 square kilometres. It has 10 parks covering nearly 3.1% of total area. The population of Mickleham in 2011 was 1,184 people. By 2016 the population was 3,141 showing a population growth of 165.3% in the area during that time. The predominant age group in Mickleham is 20-29 years. Households in Mickleham are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mickleham work in a trades occupation. In 2011, 91.6% of the homes in Mickleham were owner-occupied compared with 90.6% in 2016.

Mickleham has 13,085 properties. Over the last 5 years, Houses in Mickleham have seen a 29.50% increase in median value, while Units have seen a 0.54% increase. As at 31 October 2024:

  • The median value for Houses in Mickleham is $715,895 while the median value for Units is $539,731.
  • Houses have a median rent of $545 while Units have a median rent of $490.
There are currently 177 properties listed for sale, and 37 properties listed for rent in Mickleham on OnTheHouse. According to CoreLogic's data, 844 properties were sold in the past 12 months in Mickleham.

Suburb Insights for Mickleham 3064

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Sukhdeep Gill
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Rajwinder Singh
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Raine & Horne Land Victoria
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.