2. VIC
  3. Monash

Mulgrave VIC 3170

Houses Units

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

$1.1M Median Sale Price (National Average $485k) 208th In VIC
5% Median Sale Price Change (1yr) (National Average 4.30%) 132nd In VIC
$610pw Median Rent (National Average $395) 197th In VIC
3.0% Median Gross Yield (National Average 4.24%) 408th In VIC
Properties sold 241
Average discounting -4.82%
Average Days on Market 39
Stock on Market 110 for sale

Investment Strategy Scores

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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.

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Property Prices in Mulgrave


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State Auction Clearance Rates


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Local Schools


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Suburb Information

Mulgrave, VIC 3170

Part of: Monash Council No data available

The size of Mulgrave is approximately 10.7 square kilometres. It has 40 parks covering nearly 5.8% 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 241 Houses sold in Mulgrave in the past 12 months with a median sale price of $1.1M, up 5.0% annually. It takes on average 32 days to sell with vendor discounting of -4.8%.

Others also viewed

Suburb Median Sale Price Change (1yr) Median Sale Price Median Rent Median Gross Yield
Rowville VIC, 3178 1.21% $1,088,000 $650pw 3.1% View Suburb Profile
Wheelers Hill VIC, 3150 5.46% $1,515,000 $650pw 2.2% View Suburb Profile
Mullaloo WA, 6027 23.76% $1,120,000 $850pw 4.0% View Suburb Profile
Clayton VIC, 3168 -4.48% $1,184,444 $580pw 2.5% View Suburb Profile
Keysborough VIC, 3173 3.34% $929,500 $650pw 3.6% View Suburb Profile
Glen Waverley VIC, 3150 3.07% $1,680,000 $680pw 2.1% View Suburb Profile

Currency

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