Market snapshot
Suburb insights for Mulgrave3170
Change suburbMulgrave, approximately 21 km southeast of the CBD, is a large and diverse suburb renowned for its family-friendly streets, spacious homes, and strong sense of community. It offers easy access to the Monash and EastLink freeways, as well as business parks that house major employers, including Nestlé and BMW. The area features several schools, shopping centres, and recreational spaces, including Waverley Park with its redeveloped AFL stadium precinct. Mulgrave’s mix of established housing and new estates makes it appealing to families, professionals, and investors alike.
Recent sales and auction results in Mulgrave
| Address | Bedrooms | Price | Type | Method | Sale Date | Agent | Listing |
|---|---|---|---|---|---|---|---|
| 1/33 Vincent St, Mulgrave | 4 |  | Townhouse | Auction Sale | 25/04/2026 | Ray White Judd White Group - Forest Hill | |
| 115 Albany Dr, Mulgrave | 3 |  | House | Auction Sale | 24/04/2026 | Win Real Estate AUS | |
| 19 Morawa Dr, Mulgrave | 3 |  | House | Sold Before Auction | 19/04/2026 | Win Real Estate AUS | |
| 75 Gladeswood Dr, Mulgrave | 3 |  | House | Passed in at Auction | 24/04/2026 | Ray White Judd White Group - Forest Hill | View |
Sales data
Median sale price
$1.2mil
Quarterly price change
-1.5%
Metro Melbourne Comparison
$992k
1.9%
| Bedrooms | Mulgrave | Metro comparison |
|---|---|---|
| 2 | - | $950,000 |
| 3 | $1,067,500 | $863,000 |
| 4 | $1,231,500 | $980,500 |
| Insight | Mulgrave | Metro comparison |
|---|---|---|
| Clearance rate | 83.6% | 74.9% |
| Days on market | 33 | 37 |
Rental data
Median weekly rent
$650
Rental yield
2.9%
Metro Melbourne Comparison
$580
3.1%
| Bedrooms | Mulgrave | Metro comparison |
|---|---|---|
| 2 | - | $595 |
| 3 | $640 | $550 |
| 4 | $750 | $595 |
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