Market snapshot

Suburb insights for Mulgrave3170

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Mulgrave, 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

AddressBedroomsPriceTypeMethodSale DateAgentListing
79 Gladeswood Dr, Mulgrave6PriceHousePassed in at Auction5/06/2026Buxton Glen Waverley
15B Huxley Av, Mulgrave4PriceHouseAuction Sale5/06/2026Ray White Judd White Group - Forest Hill
2/85 Mackie Rd, Mulgrave2PriceUnitAuction Sale5/06/2026Win Real Estate AUS
2/6 Montana Av, Mulgrave4PriceTownhouseAuction Sale5/06/2026Harcourts Malvern EastView
16A Valewood Dr, Mulgrave4PriceTownhouseAuction Sale5/06/2026Ray White Judd White Group - Forest Hill
13 Mackie Rd, Mulgrave3PriceHousePassed in at Auction5/06/2026Win Real Estate AUS

Sales data

Median sale price
$1.2mil
Quarterly price change
-1.5%
Metro Melbourne Comparison
$992k
1.9%
BedroomsMulgraveMetro comparison
2-$950,000
3$1,067,500$863,000
4$1,231,500$980,500
InsightMulgraveMetro comparison
Clearance rate83.6%74.9%
Days on market3337

Rental data

Median weekly rent
$650
Rental yield
2.9%
Metro Melbourne Comparison
$580
3.1%
BedroomsMulgraveMetro comparison
2-$595
3$640$550
4$750$595
Median data for the current quarter
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