Mickleham for investment?

Discussion in 'Where to Buy' started by Berto, 17th Oct, 2020.

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  1. Berto

    Berto Member

    Joined:
    29th Sep, 2020
    Posts:
    10
    Location:
    Melbourne
    I’ve looked into Mickleham and it seems as though there is a lot of money being spent on infrastructure in this area. Such as a massive town centre, shopping strip, new roads & schools. Does this normally equal strong capital growth to follow?

    What are people’s thoughts on Mickleham?
     
  2. Serveman

    Serveman Well-Known Member

    Joined:
    17th Apr, 2017
    Posts:
    1,413
    Location:
    North West Sydney
    I looked at Mickleham about 2 years ago and what struck me was lots of land releases and very small blocks. I would imagine there would be lots of supply there so usually that would imply lower demand. However on the other hand it is affordable, so that’s a plus.