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VIC › Mulgrave › Windermere Cres

1 Windermere Cres, Mulgrave VIC 3170

House

$975,000

Last sold

8 Feb 2025

5

Bedrooms

2

Bathrooms

4

Car spaces

640 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $975,000 (8 Feb 2025).(Recorded sale)
  • FactLand 640 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Mulgrave (last 5 years) with land size: median $1,644/m² of land (n=89). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

What this lot has actually traded at

Last sold

$975,000

8 Feb 2025 · derived via latest_sale

Local land rate: recorded House sales in Mulgrave (last 5 years) with land size have a median of $1,644/m² of land (n=89). Districts calculation from recorded sales — not a valuation.

Mulgrave at a glance

21,251

People

$1,145,000

Median sale

$653/wk

Median rent

2.97%

Suburb gross yield

Median sale from 47 recorded sales (last 12 months) — a Districts calculation.

See the full Mulgrave report →

Vs Mulgrave

-14.8%

Median sale

Suburb $1,145,000

+0.51 pp

Gross yield

Suburb 2.97%

Suburb median $1,145,000 from 47 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$975,0008 Feb 2025
  2. Listedprice unknowncompleted15 Jan 2025
  3. Listedprice unknowncompleted15 Jan 2025

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $653/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Mulgrave in one glance

Mulgrave at a glance

21,251

People

$1,145,000

Median sale

$653/wk

Median rent

2.97%

Suburb gross yield

Median sale from 47 recorded sales (last 12 months) — a Districts calculation.

See the full Mulgrave report →

Keep researching

  • Why Mulgrave? Read the area thesis →
  • What else is on the market in Mulgrave →
  • Other records on Windermere Cres →

Listing material

Listed by Barry Plant Monash

Your Dream Home on a Prime Corner Block!

Welcome to your dream home, a haven of space, comfort, and convenience, perfectly positioned on a generous 640 square metre corner block (approx.). This solid brick residence combines practical living with thoughtful design, making it an ideal choice for families or savvy investors.

As you step through the front door, you'll immediately feel the warmth and charm of this home. With five well-proportioned bedrooms, there's plenty of space for everyone. The standout is the master suite, a peaceful retreat featuring a walk-in robe and a private ensuite, offering both luxury and privacy. The remaining bedrooms are serviced by a second well-appointed bathroom, ensuring the comfort and convenience of family and guests alike.

The heart of this home is undoubtedly the expansive kitchen. Designed with functionality in mind, it offers an abundance of storage and bench space, making meal preparation a delight. Adjacent to the kitchen, the open-plan dining and living areas provide the perfect setting for family gatherings, while the gas log heater in the main living room creates a cozy ambiance on cooler nights.

Read the full description

Entertaining is effortless here. Step outside to the undercover patio, a versatile space that's perfect for hosting barbecues, celebrating special occasions, or simply enjoying a quiet cup of coffee in the fresh air. The secure yard offers plenty of room for kids and pets to play, while the corner block location ensures added privacy.

Parking is a breeze with two separate driveways-one leading to a lock-up garage and the other to a double lock-up carport. Whether you have multiple vehicles, need additional storage, or require space for a boat or caravan, this property has you covered.

Situated in a highly sought-after location, this home offers unparalleled convenience. Public transport options are just a short stroll away, while the Monash Freeway and Waverley Gardens Shopping Centre are easily accessible, making daily commutes and weekend shopping trips a breeze. Families will appreciate the proximity to quality schools, parks, and recreational facilities. Zoned for Mulgrave Primary School and Carwatha Secondary College.

This is more than just a house; it's a lifestyle opportunity waiting for you to make it your own. With its blend of space, comfort, and unbeatable location, this property is ready to welcome you home. Don't miss your chance-arrange an inspection today and see why this is the perfect place for your family to grow and thrive!

Listing description written by Adrian Goegan, Barry Plant Monash — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Ensuites: 1
  • Living Areas: 2
  • Toilets: 2
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.