Mickleham is a well-established suburb in Victoria within the Hume local government area (postcode 3064). With a population of 17,452, the suburb has a young professional demographic with a median age of 29. Households earn a median income of $102K per year, with an average household size of 3.3 people. The most common occupations are professionals, technicians & trades, machinery operators & drivers. The top ancestries reported are Australian, Indian, English.
The median house price in Mickleham is $676,000, having dipped slightly 0.7% over the past year. Units have a median price of $590,000 (+4.4% YoY). The current median weekly rent is $480. This gives a gross rental yield of approximately 3.7%. The median monthly mortgage repayment is $2,000.
Mickleham is served by 6 schools, including 4 primary, 1 secondary, 1 combined. The average ICSEA score is 1023, which is around the national average of 1,000. Public transport access includes 47 bus stops. The crime rate in the Hume LGA is higher than average at 8,365 incidents per 100,000 population.
From an investment perspective, Mickleham offers a gross rental yield of 3.7%, rated as moderate yield. Property prices are near the state median ($676K/$875K). The price-to-income ratio of 6.6x is considered moderate. House prices have moved -0.7% year-on-year.
Mickleham is a well-established suburb in Victoria within the Hume local government area (postcode 3064). With a population of 17,452, the suburb has a young professional demographic with a median age of 29. Households earn a median income of $102K per year, with an average household size of 3.3 people. The most common occupations are professionals, technicians & trades, machinery operators & drivers. The top ancestries reported are Australian, Indian, English.
The median house price in Mickleham is $676,000, having dipped slightly 0.7% over the past year. Units have a median price of $590,000 (+4.4% YoY). The current median weekly rent is $480. This gives a gross rental yield of approximately 3.7%. The median monthly mortgage repayment is $2,000.
Mickleham is served by 6 schools, including 4 primary, 1 secondary, 1 combined. The average ICSEA score is 1023, which is around the national average of 1,000. Public transport access includes 47 bus stops. The crime rate in the Hume LGA is higher than average at 8,365 incidents per 100,000 population.
From an investment perspective, Mickleham offers a gross rental yield of 3.7%, rated as moderate yield. Property prices are near the state median ($676K/$875K). The price-to-income ratio of 6.6x is considered moderate. House prices have moved -0.7% year-on-year.