Mulgrave VIC 3170

Here you can find what you need to know about Mulgrave, VIC, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$810k Median Sale Price (National Average $485k) 196th In VIC
-10% Median Price Change (1 yr) (National Average 4.30%) 2542nd In VIC
$470pw Median Rent (National Average $395) 187th In VIC
3.0% Median Gross Yield (National Average 4.24%) 456th In VIC
Upgrade to Premium to see median values for houses split by bedrooms. Learn more
Properties sold 190
Average discounting -5.37%
Average Days on Market 60
Stock on Market 28 for sale

Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

Example Only
Upgrade to Premium to view Investment Strategy Scores for every available property and suburb in Australia
Upgrade to Premium to view pros & cons and Investment Strategy Scores for every available property and suburb in Australia
How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Mulgrave, VIC National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Mulgrave, VIC National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Mulgrave, VIC National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Development Permits for Houses

Building permits are provided for council approved development applications. Where the available permits contain the type of development, date of submission, the date of approval, estimated build cost, estimated development area, builder and materials listed.

Upgrade to Premium to see available development permits for Mulgrave, VIC.  Learn more

Property Prices in Mulgrave


Loading

Latest Auction Results for Mulgrave as at 22 September 2019

Property Details
Sale Price
3Bed / 2Bath / -Car / Unit
$748,500
3Bed / 1Bath / 1Car / House
$915,000
4Bed / 2Bath / 1Car / House
$936,000
5Bed / 2Bath / -Car / House
$950,000

State Auction Clearance Rates - September 2019

Auctions Clearance rate
VIC 911 77%
ACT 49 65%
NSW 547 73%
NT 8 63%
QLD 165 43%
SA 77 57%
TAS 3 0%
WA 11 55%

Local Schools


Loading

Suburb Information

Mulgrave, VIC 3170

Part of: Monash Council No data available

The size of Mulgrave is approximately 10.7 square kilometres. It has 16 parks covering nearly 3.8% of total area. The population of Mulgrave in 2011 was 17,647 people. By 2016 the population was 19,380 showing a population growth of 9.8% in the area during that time. The predominant age group in Mulgrave is 30-39 years. Households in Mulgrave are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mulgrave work in a professional occupation. In 2011, 77.3% of the homes in Mulgrave were owner-occupied compared with 75.4% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Mulgrave

Demographic data provided
by Australian Bureau of Statistics


Market Trends for Mulgrave   for Houses in last 12 months


There have been 190 Houses sold in Mulgrave in the past 12 months with a median sale price of $810K, up -10.0% annually. It takes on average 60 days to sell with vendor discounting of -5.37%.

Streets in Mulgrave


Others also viewed

Suburb Median Price Change (1 yr) Median Sale Price Median Rent Median Gross Yield
Wheelers Hill VIC, 3150 -14.53% $1,000,000 $530pw 2.8% View Suburb Profile
Keysborough VIC, 3173 -5.77% $735,000 $500pw 3.5% View Suburb Profile
Clayton VIC, 3168 -13.33% $1,040,000 $450pw 2.2% View Suburb Profile
Oakleigh South VIC, 3167 -12.25% $895,000 $495pw 2.9% View Suburb Profile
Rowville VIC, 3178 -8.62% $800,000 $470pw 3.1% View Suburb Profile
Scoresby VIC, 3179 -16.67% $725,000 $430pw 3.1% View Suburb Profile