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.
3
Bedrooms
1
Bathrooms
1
Car spaces
651.383 m²
Land
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
Last sold
No recorded sale price for this property yet.
Local land rate: recorded House sales in Mulgrave (last 5 years) with land size have a median of $1,644/m² of land (n=90). 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.
Planning
Planning scheme
ZN
Zone
GENERAL RESIDENTIAL ZONE - SCHEDULE 3
GRZ3
Jurisdiction
Monash
Monash, VIC
Data unavailable
Source
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 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 exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 3 · GRZ3 (ZN). Official parcel area about 652 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
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.
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.
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
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.”
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
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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 3 · GRZ3 (ZN). Official parcel area about 652 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis 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
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
KnownmediumOfficial parcel about 652 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownNo DA adapter returned applications for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
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.
Listing material
Listed by @realtyNestled on a generous 651m² block in sought-after Mulgrave, this charming 3-bedroom home presents an exceptional opportunity for families seeking space, comfort, and convenience just 21 kilometers from Melbourne's CBD. This well-appointed residence combines practical living with modern amenities, making it perfect for those looking to establish roots in one of Melbourne's most accessible eastern suburbs.
Step inside to discover three comfortable bedrooms. The home's thoughtful design maximizes every square meter, with a well-appointed bathroom serving the household's daily needs. Climate control is effortless year-round thanks to the comprehensive heating and cooling system, featuring ducted heating throughout complemented by split system air conditioning and heating for personalized comfort in every room.
The heart of outdoor living awaits in the dedicated entertainment area, perfect for hosting gatherings or enjoying quiet family moments. The fully fenced property ensures privacy and security, while a small garden shed provide excellent storage for tools, equipment, and outdoor essentials. Secure parking is guaranteed with a single garage, while the substantial block size offers endless possibilities for keen gardeners or those seeking additional outdoor space.
• Fully fenced perimeter for completed privacy
• Generous 651m² block with room for expansion or landscaping
Mulgrave's strategic location places you at the center of Melbourne's transport network, with the famous Jacksons Road Interchange providing seamless access to the Monash Freeway for effortless city commutes. The suburb is renowned for its family-friendly atmosphere and excellent amenities, including the bustling Waverley Gardens Shopping Centre for all your retail therapy needs.
Families will appreciate the exceptional educational opportunities within reach, including Mazenod Secondary College, Wellington Secondary College, and several quality primary schools such as Albany Rise Primary and Mulgrave Primary School. The area's sporting culture thrives with numerous local clubs and reserves, while the Sunday Mulgrave Farmers' Market on Jacksons and Wellington Roads offers fresh, local produce weekly.
• Excellent public transport links with metropolitan buses and Bus stop right out front.
• Walking distance to Waverley Gardens Shopping Centre
• Close proximity to quality schools and educational facilities
• Access to recreational facilities including tennis clubs and sporting reserves
The suburb's rich history, dating back to 1839, adds character to this established neighborhood, while modern conveniences ensure contemporary living standards. Mulgrave's unique position as one of Melbourne's split suburbs creates distinct community pockets, each with their own charm and local attractions.
This property represents more than just a house – it's your gateway to the Mulgrave lifestyle, where suburban tranquility meets urban accessibility. Whether you're a growing family seeking space to flourish, professionals wanting convenient city access, or anyone desiring a peaceful retreat with modern comforts, this home delivers on every level.
Don't miss this opportunity to secure your piece of Mulgrave's coveted real estate market. With its combination of practical features, generous land size, and prime location in this historically significant suburb, this property won't remain available for long.
Disclaimer: While every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must satisfy themselves by inspection or otherwise. Although high standards have been used in preparing this document, no legal responsibility can be accepted for any loss or damage resulting from the content or use of this information. Any photographs show only certain parts of the property as they appeared when taken. Areas, amounts, measurements, distances, and all other numerical information are approximate only. Note: Every care has been taken to verify the accuracy of the details in this advertisement; however, we cannot guarantee its correctness. Prospective purchasers are requested to take necessary action to satisfy themselves with any pertinent matters.
Listing description written by Mel Ahearn, @realty — reproduced as published, not verified by Districts.