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
16 Seaview Cr, Mulgrave3PriceHouseAuction Sale31/07/2026Ray White Clayton
43 Wanda St, Mulgrave3PriceHouseAuction Sale31/07/2026Win Real Estate AUS
15 Florey Cr, Mulgrave3PriceHouseAuction Sale31/07/2026Biggin & Scott Glen WaverleyView

Sales data

Median sale price
$1.1mil
Quarterly price change
-8.9%
Metro Melbourne Comparison
$953k
-3.1%
BedroomsMulgraveMetro comparison
2-$950,000
3$1,071,000$872,000
4$1,210,000$990,000
InsightMulgraveMetro comparison
Clearance rate78.4%68.8%
Days on market35.542

Rental data

Median weekly rent
$670
Rental yield
3%
Metro Melbourne Comparison
$580
3.1%
BedroomsMulgraveMetro comparison
2-$600
3$630$560
4$795$600
Median data for the current quarter
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