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 |
|---|---|---|---|---|---|---|---|
| 29 Molesworth Dr, Mulgrave | 3 |  | House | Auction Sale | 12/09/2026 | JRW Property International | View |
| 14 Studley St, Mulgrave | 4 |  | House | Private Sale | 6/09/2026 | Professionals First & Co | View |
| 63 Wattle Gr, Mulgrave | 3 |  | House | Private Sale | 6/09/2026 | Hall & Partners First National | View |
| 2/75 Highfield Av, Mulgrave | 2 |  | Unit | Passed in at Auction | 11/09/2026 | Barry Plant | |
| 2 Selhurst Park Rd, Mulgrave | 3 | | House | Auction Sale | 11/09/2026 | Ray White Clayton |
Sales data
Median sale price
$1.1mil
Quarterly price change
-8.9%
Metro Melbourne Comparison
$953k
-3.1%
| Bedrooms | Mulgrave | Metro comparison |
|---|---|---|
| 2 | - | $950,000 |
| 3 | $1,071,000 | $872,000 |
| 4 | $1,210,000 | $990,000 |
| Insight | Mulgrave | Metro comparison |
|---|---|---|
| Clearance rate | 78.4% | 68.8% |
| Days on market | 35.5 | 42 |
Rental data
Median weekly rent
$670
Rental yield
3%
Metro Melbourne Comparison
$580
3.1%
| Bedrooms | Mulgrave | Metro comparison |
|---|---|---|
| 2 | - | $600 |
| 3 | $630 | $560 |
| 4 | $795 | $600 |
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