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 › Tiverton Dr
$1,020,000
Last sold
13 Dec 2025
4
Bedrooms
1
Bathrooms
2
Car spaces
644 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
$1,020,000
13 Dec 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
-10.9%
Median sale
Suburb $1,145,000
+0.36 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 Barry Plant Noble Park / KeysboroughSitting proudly on a corner allotment of approximately 644sqm, this double-storey brick veneer home presents one of Mulgrave's most exciting opportunities - whether you're looking to develop, invest, or move straight in and enjoy the home itself.
Stepping inside the double storey brick house you'll be greeted with polished floorboards, a bedroom on the ground floor and an open plan floor plan that has plenty of room for growing family. The comfortable layout has been brought into a modern era being freshly painted throughout creating a contemporary modern feel making it comfortable for the family to enjoy. It has in total four bedrooms, one bathroom, two toilets and double car lock up garage.
Buyers looking to occupy will appreciate the space, the natural light, and the convenience of this tightly held Mulgrave pocket. With two full street frontages and the ideal layout for separate driveways, this block is perfectly positioned to knock down and build two beautiful standalone homes (STCA). Each future home could achieve a strong rental return of around $1,000 per week, giving you an impressive combined rental potential of approximately $104,000 per annum.
While you begin planning your new dual-occupancy vision, the existing home is currently rented for $600 per week by an excellent tenant - meaning you can earn solid income while you prepare your plans and permits.
Location Benefits – Unbeatable Mulgrave Convenience. Mulgrave is one of Melbourne's most central and in-demand suburbs, and this address places you moments from:
• Monash University Clayton – the standout benefit, only minutes away
• Monash Medical Centre
• Brandon Park Shopping Centre
• Waverley Gardens Shopping Centre
• M1 & Eastlink freeway access
• Bus stops and local transport
• Nearby schools such as Mazenod College, Wellington Secondary College & local primary schools
• Beautiful parks, reserves and walking tracks
• Close to employment hubs, education precincts and lifestyle amenities
Whether for students, families, or professionals, the lifestyle convenience here is absolute.
Mulgrave continues to attract buyers for its family-friendly streets, strong school zoning, vibrant multicultural dining, and its unbeatable access to the entire south-eastern corridor.
The Opportunity:
• Develop two homes with street frontage and separate driveways (STCA)
• Keep the property rented at $600 per week while planning
• Move in and enjoy the comfort of a solid home in a prime location
• Landbank in a blue-chip suburb with exceptional long-term growth
Opportunities like this are rare - especially on a high-exposure, high-potential corner block in the heart of Mulgrave.
Make your move today. Contact Jessejames on 0431 108 933 to secure one of Mulgrave's most versatile and high-potential properties
Terms: 10% Deposit. Balance: 30 Days
Photo I.D. required at all inspections.
DISCLAIMER: The measurements provided of the land and / or property may not be 100% accurate. In order to satisfy yourself of the exact dimensions of the property / land / or of each room, we advise you to conduct your own measurements and / or engage the services of a licensed surveyor. Responsibility for any omissions or errors contained herein is expressly denied.
Please be advised that some images included in our marketing materials feature digital enhancement/virtual staging techniques designed to illustrate the property's potential appearance; these alterations are solely for visualization purposes
Listing description written by Jessejames Marinas, Barry Plant Noble Park / Keysborough — reproduced as published, not verified by Districts.