How Much is My Home Worth in Mulgrave?
The median price for a house in Mulgrave is $846,000 as of February 27, 2020. A median-priced unit is $731,100. There have been 200 houses and 36 units sold this year. The average annual capital growth for houses is 6.11% and units is 5.19%. The 12-month capital growth is -1.18% on houses and 1.12% for units. The Demand to Supply Ratio or DSR rating has houses as and units as good. There is currently a strong demand for houses. Sellers are generally getting the price they are asking for. As an investment expect the capital growth to trend ahead of the national average.
House prices and rent returns in Mulgrave.
- 3 bedroom home $788,500 Rent per week $430
- 4 bedroom home $912,800 Rent per week $550
Unit prices and rent returns in Mulgrave.
- 2 bedroom unit No Data Rent per week $365
- 3 bedroom unit $752,250 Rent per week $480
The gross rental yield for houses is 2.91%. And for units, it is 3.37%. It takes 69 days to sell a house and 54 days to sell a unit in Mulgrave.
Free Real Estate Appraisal Mulgrave
Selling your house in Mulgrave? Do you want to know the current market price of your house or unit? Our appraisers will deliver an accurate appraisal based on recent sales data together with the location to amenities, schools and shops. Our agents will provide this valuation free of charge.
Free Rental Appraisal Mulgrave
Do you have an investment property you wish to rent? Or, do you want to rent out your current home? Our property management team currently manages over 3600 properties. There is no scenario we have not dealt with when it comes to managing real estate. We use the latest software tools to streamline our services. We deal directly with the landlord and keep them up to speed with the rental of their property.
Coffee in Mulgrave
Lifestyle in Mulgrave
About 20,000 people reside in Mulgrave which is located 21 kilometres south-east from Melbourne. Mulgrave is surrounded by the Kinston Links Golf Course, Sandown Race Track, Monash University and Tirhatuan Wetlands. The M1 Motorway runs right through the middle of Mulgrave. There are a number of schools and the Monash Medical Centre. The Springvale train line is located to the south.
Schools in Mulgrave
There are 5 schools in Mulgrave.
- Albany Rise Primary School Co-educational
- Mazenod College Boys
- St John Vianney’s School Co-educational
- Mulgrave Primary School Co-educational
- Wellington Secondary College Co-educational