Mickleham, VIC$5,000 deposit contribution
The Summit 30 — Merrifield
3.5 / 5 overall
$712,000total package price
4 bed2 bath2 car32 wk build
Key metrics
Total price
$712,000
Land price
$338,000
Build price
$374,000
Weekly rent
$680
est. per week
Net yield
3.8%
Gross 5.0%
Weekly cashflow
-$352/wk
contribution required
Suburb market data — Mickleham, VIC
Capital growth 1yr
5.8%
Capital growth 5yr
5.1%
p.a.
Capital growth 10yr
6.8%
p.a.
Vacancy rate
1.5%
Days on market
31 days
Median rent
$620/wk
Median house price
$720,000
Rental demand
7/10
Location details
Distance & access
- Distance to CBD
- 30 km
- Nearest major hub
- Broadmeadows
- Distance to hub
- 15 km
- Available lots
- 8
Infrastructure pipeline
- Merrifield City mixed-use precinct
- Donnybrook Station (under construction)
- Melbourne Airport 14km
- Hume Freeway direct access
Nearby schools
Merrifield Park Primary SchoolHume Anglican Grammar 5km
Total price
$712,000