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.
VIC › Mulgrave › O Shannasy St
$1,293,000
Last sold
22 Sept 2025
4
Bedrooms
2
Bathrooms
4
Car spaces
498 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
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
$1,293,000
22 Sept 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.
Vs Mulgrave
+12.9%
Median sale
Suburb $1,145,000
-0.34 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 data is being calculated
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
VICPlanning 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.
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
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.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
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?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). 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
UnknownDevelopment applications have not been queried 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 First National Real Estate Hall & Partners DandenongOn-Site Auction on Saturday 20th September 2025 at 1pm. Open for Inspection from 12:30pm on Auction Day
* Not a townhouse, it is a standalone house and no bodycorp *
* Freshly Painted, New Carpets, New Blinds, Freshly Landscaped *
* Main Entrance Facing Sabina Park *
Perfectly positioned in the highly sought-after Waverley Park Estate, this beautifully updated home combines space, style, and lifestyle convenience. With tranquil parkland views right at your doorstep, this residence offers the perfect balance of modern living and family comfort. Property also has NBN FTTP technology connected for fast and smooth internet connectivity.
✨ Key Features:
• 4 spacious bedrooms | 2 bathrooms | 3 toilets | multiple living zones
• Double lock-up garage with private driveway & additional off-street parking
• Huge north-facing enclosed backyard – ideal for entertaining & family gatherings
• Modern kitchen with stainless steel appliances
• Ducted heating and evaporative cooling for year-round comfort
• Recently refreshed – move in and enjoy immediately
🌳 Lifestyle Highlights:
• Directly opposite Sabina Park with unobstructed leafy views
• Peaceful and family-friendly setting
• Close to top schools: Mulgrave Primary, Nazareth College, Carwatha College P–12, St Justins, Albany Rise Primary
• Minutes to Waverley Gardens Shopping Centre, local amenities, and Monash Freeway access
Whether you're a growing family or simply seeking a serene retreat with unbeatable convenience, this home is ready to welcome its next chapter.
Don't miss this opportunity – Inspect today!
For all enquiries and inspections, please contact David Phua on 0401 803 110 or Dinesh Raghu on 0431 131 157.
Chattels: All fittings and fixtures as inspected.
Deposit: 10%
Preferred Settlement Terms: 30, 45, 60 days (Flexible)
Potential Rental Return: $800 per week (approx.)
Owner's Corporation: NIL
Builder: Mirvac
Year Built: 2013.
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 such action as is necessary, to satisfy themselves of any pertinent matters.
Listing description written by David Phua, First National Real Estate Hall & Partners Dandenong — reproduced as published, not verified by Districts.