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.
$1,200,000
Last sold
21 Nov 2025
4
Bedrooms
2
Bathrooms
2
Car spaces
805 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
$1,200,000
21 Nov 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
+4.8%
Median sale
Suburb $1,145,000
-0.14 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
UnknownArea
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 Boutique Estate AgencyTucked away in a quiet court overlooking the wetlands, 5 Lim Court captures the essence of family comfort, everyday functionality and peaceful living. Set on a generous 805m² allotment, this inviting brick veneer home offers a traditional layout, multiple living zones and stunning views of the surrounding landscape.
Enjoy the convenience of nearby Waverley Gardens Shopping Centre, Mulgrave Private Hospital, local dog parks, and the Dandenong Creek Trail, with easy access to Princes Highway and the Monash Freeway.
Inside, the home offers 4 spacious bedrooms, 2 bathrooms, 3 toilets and a versatile floorplan featuring a formal lounge, separate dining, a functional kitchen adjoining the family area, plus a large rumpus room perfect for entertaining or relaxation.
The original kitchen includes a 5-burner gas cooktop, oven, rangehood, dishwasher, breakfast bench and ample cabinetry, with picturesque views across the wetlands.
The master bedroom features a walk-in robe and private ensuite, while additional bedrooms include built-in robes and ceiling fans. Three of the bedrooms are equipped with split system units, ensuring year-round comfort. The home is further enhanced by gas ducted heating, evaporative cooling, a ducted vacuum system, and energy-efficient insulation and doors.
Outdoors, enjoy a beautifully maintained backyard with space for family gatherings, a barbeque area, and two verandas ideal for entertaining. The double remote lock-up garage provides internal access, complemented by a spacious driveway with room for two more cars and well-kept front gardens.
LOCATION HIGHLIGHTS:
Schools: Nazareth College, Mulgrave Primary School, Rosewood Downs Primary and local childcare facilities
Shopping: Waverley Gardens Shopping Centre, Mulgrave Market, local cafés and amenities
Parks & Recreation: Dandenong Creek Trail, local dog parks and nearby reserves
Transport: Easy access to Monash Freeway and Princes Highway, with public transport options nearby
KEY FEATURES INCLUDE:
• Comfortable Living Zones: Formal lounge, separate dining, family area and rumpus room
• Functional Kitchen: 5-burner gas cooktop, oven, rangehood, dishwasher, breakfast bench, wetland views
• Bedrooms: Master with walk-in robe and ensuite, additional bedrooms with built-in robes, fans and split systems
• Climate Control: Gas ducted heating, evaporative cooling, multiple split systems throughout the home
• Practical Additions: Ducted vacuum system, large laundry, traditional layout
Outdoor Space:
Brick veneer façade, terracotta tiled roof, two verandas, barbeque area, landscaped gardens, storage shed, secure fencing, and off-street parking for multiple vehicles
EXTRA AMENITIES:
• Broadband internet availability
• Energy-efficient insulation and doors
• Double remote lock-up garage with internal access
• Long driveway with space for two extra vehicles
This much-loved family home offers comfort, flexibility and plenty of space to grow, all in a peaceful Mulgrave court surrounded by nature and convenience. Whether you’re upsizing, investing or simply seeking a tranquil family setting, 5 Lim Court is a home that offers lifestyle, liveability and lasting value.
Photo ID is to be presented upon inspection.
Please note that every care has been taken to verify the accuracy of the details of 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.
For more information or to schedule a viewing, please contact Suraj Samaranayake at 0433 920 603 and/or Sid Senora at 0490 463 730
Listing description written by Suraj Samaranayake, Boutique Estate Agency — reproduced as published, not verified by Districts.
Victoria 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.