Suburb

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
3 Exhibition Dr, Mulgrave5PriceHouseAuction Sale24/10/2025Ray White Judd White Group - Forest Hill
52 Kambara Dr, Mulgrave5PriceHouseAuction Sale24/10/2025Buxton Glen Waverley
103 Monash Dr, Mulgrave5PriceHouseAuction Sale24/10/2025McgrathView
14 Beaconsfield Rd, Mulgrave3PriceTownhousePassed in at Auction24/10/2025Ray White Judd White Group - Forest Hill
2 Caledonia Cr, Mulgrave4PriceHouseSold Before Auction15/10/2025Barry PlantView
95 Albany Dr, Mulgrave3PriceHouseSold Before Auction9/10/2025Jellis Craig
5 Ramsey Ct, Mulgrave4PriceHousePrivate Sale29/09/2025Barry PlantView

Sales data

Median sale price
$1.2mil
Quarterly price change
12.3%
Metro Melbourne Comparison
$955k
2.7%
BedroomsMulgraveMetro comparison
2-$910,000
3$1,020,000$830,000
4$1,255,000$951,500
InsightMulgraveMetro comparison
Clearance rate95%81.4%
Days on market3836

Rental data

Median weekly rent
$650
Rental yield
3%
Metro Melbourne Comparison
$580
3.3%
BedroomsMulgraveMetro comparison
2-$580
3$620$550
4$763$600
Median data for the current quarter

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