Mulgrave, VIC 3170

Mulgrave, VIC 3170

Compare Part of Monash

21.38 km
Distance from CBD
23 k
Population
Median Sale Price
House
-
Updated on Nov 2024
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Nov 2024
1 BR
-
2 BR
-
3 BR
-
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
Year Median Growth Low High # Sales
2009
$457,000
 0.0% $265,000 $1,001,000 169
2010
$540,000
 +15.4% $228,000 $1,050,000 180
2011
$521,000
 -3.6% $301,000 $1,185,000 143
2012
$511,132
 -1.9% $360,000 $1,100,000 149
2013
$580,000
 +11.9% $272,500 $1,585,000 267
2014
$625,000
 +7.2% $11,562 $1,080,000 229
2015
$786,000
 +20.5% $513,500 $1,338,000 210
2016
$790,000
 +0.5% $425,000 $1,380,000 205
2017
$910,000
 +13.2% $531,500 $2,780,000 201
2018
$870,000
 -4.6% $640,000 $1,410,500 187
2019
$855,000
 -1.8% $635,000 $1,620,000 181
2020
$857,588
 +0.3% $632,000 $2,515,000 146
2021
$1,035,000
 +17.1% $735,000 $1,860,000 236
2022
$1,025,000
 -1.0% $565,000 $1,927,000 211
2023
$1,090,000
 +6.0% $615,000 $2,010,000 180
2024
$1,071,500
 -1.7% $772,500 $2,050,000 219
2025
-
 - - - -
Median Sale Price
$1.07M
Based on 219 recorded sales within the last 12 months
Updated on 6 Jan 2025
Suburb Growth
-1.7%
Current Median Price: $1,071,500
Previous Median Price: $1,090,000
Based on 399 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Dec 2024)
Price Range Segments (12 months ending Dec 2024)
Median Weekly Rent Price
House
-
Updated on Nov 2024
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Nov 2024
1 BR
-
2 BR
-
3 BR
-
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
Year Median Growth Low High # Rents
2011
$370
 0.0% $200 $650 226
2012
$385
 +3.9% $160 $700 223
2013
$400
 +3.8% $150 $720 298
2014
$420
 +4.8% $180 $1,607 243
2015
$425
 +1.2% $310 $750 298
2016
$420
 -1.2% $300 $700 291
2017
$450
 +6.7% $230 $1,600 325
2018
$460
 +2.2% $310 $750 302
2019
$460
 0.0% $335 $1,100 266
2020
$470
 +2.1% $270 $795 268
2021
$465
 -1.1% $350 $920 285
2022
$500
 +7.0% $180 $1,050 247
2023
$575
 +13.0% $195 $950 191
2024
$650
 +11.5% $490 $1,100 182
2025
-
 - - - -
Median Rent Price
$650
per week
Based on 180 recorded rent within the last 12 months
Updated on 6 Jan 2025
Rent Price Growth
+11.5%
Current Median Rent: $650
Previous Median Rent: $575
Based on 369 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.2%
Current Median Price: $1,071,500
Current Median rent: $650
Based on 399 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Dec 2024)

Auction Results For Mulgrave

Houses sold in Last 12 months ends 4 Jan 2025

$1.09M

Median Sale Price

76%

Clearance Rate

98/129

Sold/Reported

$2.05M

Highest Sale Price

Sold Price Range No. of Sold Properties
$2 M - $3 M 1
$1.8 M - $2 M 1
$1.6 M - $1.8 M 2
$1.4 M - $1.6 M 10
$1.2 M - $1.4 M 15
$1 M - $1.2 M
(Median Price Range)		 35
$800 K - $1 M 22

Schools closest to Mulgrave, VIC 3170

School name Address Type Sector Distance
St John Vianney's School 23 POLICE RDMulgrave 3170 Primary Catholic 0.37 km
Minaret College 36 LEWIS STREETSpringvale 3171 Combined Independent 1.08 km
Wellington Secondary College 91 POLICE ROADMulgrave 3170 Secondary Government 1.18 km
Albany Rise Primary School ALBANY DRIVEMulgrave 3170 Primary Government 1.42 km
Mazenod CollegeTop 100 KERNOT AVENUEMulgrave 3170 Secondary Catholic 1.83 km
Brandon Park Primary School 1-5 NINEVAH CRESCENTWheelers Hill 3150 Primary Government 2.38 km