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.
$1,500,000
Last sold
27 Feb 2025
5
Bedrooms
3
Bathrooms
2
Car spaces
411 m²
Land
252 m²
Building
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
$1,500,000
27 Feb 2025 · derived via latest_sale
Local land rate: recorded Townhouse sales in Mulgrave (last 5 years) with land size have a median of $4,177/m² of land (n=4). 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
+31.0%
Median sale
Suburb $1,145,000
-0.71 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 MonashSurround yourself with modern accents, contemporary flair and superb open-plan living welcome you to this stunning, modern designed and brand new high-end built home ready for it's lucky first owner to habitat.
With grand street frontage, this well-appointed and carefully constructed home epitomises the essence of a premium, executive family lifestyle. This spacious five-bedroom residence with both upstairs and ground floor living, includes two master bedrooms and showcases unparalleled quality, comfort and low-maintenance living at its best.
Featuring a welcoming grand entrance and an abundance of natural light, beyond the striking street presence awaits a home of undeniable appeal. Meticulously presented, stepping inside, a feeling of homeliness pervades the interior with crisp neutral tones and a thoughtful mixture of luxury timber flooring, carpets and tiles that tastefully enhance the home both aesthetically and practically.
With comfort and functional ease having been made top priority, the generously scaled lounge and dining is a delightful zone for entertaining and reclining with a lofty ceiling height that really adds volume to the area. Sliding doors open to an undercover alfresco area, which leads out to the minimal maintenance gardens.
Modern accents throughout achieve a sharp contemporary edge, particularly in the state-of-the-art kitchen. High-end appliances including 900mm induction cooktop, under bench oven and intergrated dishwasher all paired up with other desirable benefits that help to take the chore out of cooking, such as soft-close cupboards and drawers, Calacatta Caesarstone benchtops, walk in pantry, an abundance of cupboard and bench space, a waterfall island bench with breakfast bar and feature stone splashbacks.
The layout has been well planned, perfectly suited to either a couple starting out with future plans, an established family looking for size and space or multi generational living .
A guest bedroom situated on the ground floor has perfect separation and features a full ensuite and walk in robe directly opposite an additional bedroom/home office perfect for the growing family or the ability to work from home.
On the first floor, you will be delighted by the additional large family living space. A light-filled master is a cocoon of cosiness, beautifully appointed with a fitted out walk-in robe and full ensuite with twin vanities, frameless shower, floor to ceiling tiles and twin stone-topped vanity. The additional two bedrooms both feature four door built-in robes and are conveniently located to the main bathroom which features a free-standing bathtub, floor to ceiling tiles and oversized shower.
The home elevates the family's quality of living through the exceptional inclusion of a zoned ducted heating and refrigerated cooling system, an abundance of storage cupboards, low-maintenance rear yard, garden shed, remote double garage with internal and rear roller door access plus additional off-street parking, double glazed windows, 7 star energy rating, insulation throughout providing a cool home in summer and a warm home in winter, intercom and alarm system the list really is endless.
Situated in close proximity to Mulgrave Primary School, Wellington Secondary, Waverley Gardens Shopping Centre, Gladeswood Reserve, Mulgrave private hospital, public transport and key access points to EastLink and the Monash Freeway which leads minutes to Chadstone Shopping Centre, Glen Waverley and a quick trip to the Melbourne CBD, this property offers not just a home but an unrivalled lifestyle.
Inspection of this magnificent, high quality built opportunity, I can assure you will not disappoint!
Listing description written by Adrian Goegan, Barry Plant Monash — reproduced as published, not verified by Districts.