SOLD
Sold on 03 Feb 2024 for $853,500

16 Valewood Drive
Mulgrave VIC 3170

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 126m2
Land area: 656m2
Sold By
Calvin Davis
Harcourts Asap Narre Warren
Chris Zhang
Harcourts Asap Narre Warren
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Property Details for 16 Valewood Dr, Mulgrave

16 Valewood Dr, Mulgrave is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1975. The property has a land size of 656m2 and floor size of 126m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom House sold in Mulgrave in the last 12 months.

Building Type
House
Year Built
1975
Floor Size
126m2
Land Size
656m2
Local Government
Monash
Lot/Plan
374/LP62906

Last Listing description (July 2024)

Welcome to 16 Valewood Drive, Mulgrave - a property that presents an exciting opportunity for those with a vision for transformation. This older home, nestled in a highly desirable location, offers a canvas for renovation or redevelopment, allowing you to create the residence of your dreams.

Key Features:

Prime Location: Situated in the heart of Mulgrave, this property enjoys the benefits of a sought-after neighbourhood, close to schools, parks, shopping centres, and excellent transport links.

Spacious Lot: The property boasts a generous lot size, providing ample space for expansion, landscaping, or potential redevelopment.

Investment Opportunity: Right in the heart of Mulgrave, located near primary and secondary schools you can be confident for its growth and development in this area. Investing in this property offers the potential for long-term value appreciation.

Close to Amenities: Enjoy the convenience of being close to schools, shopping centres, recreational facilities, and major transportation hubs.

Renovation Ideas:

? Modernize the Interior: Update the interiors with contemporary finishes, fixtures, and appliances for a modern, comfortable living space.

? Expand Living Areas: Consider expanding living spaces to accommodate the needs of a growing family or for entertaining guests.

? Landscaping Opportunities: The spacious yard provides an excellent opportunity for creating a stunning outdoor oasis, perfect for relaxation and entertainment.

Don't miss this chance to turn this property into your dream home or capitalize on its redevelopment potential. Contact us to schedule a viewing and explore the possibilities that await at 16 Valewood Drive, Mulgrave.

Contact Calvin or Chris to find out more.

Property History for 16 Valewood Dr, Mulgrave, VIC 3170

A timeline of how this property has performed in the market
Last Sold
$853,500
03 Feb 2024
Listed for Rent
$585/w
17 May 2024
  • 17 May 2024
    Listed for Rent $585 / week
  • 03 Feb 2024
    Sold for $853,500
  • 11 Jan 2024
    Listed for Sale $800,000 - $880,000
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About Mulgrave 3170

The size of Mulgrave is approximately 10.7 square kilometres. It has 40 parks covering nearly 5.8% of total area. The population of Mulgrave in 2011 was 17,647 people. By 2016 the population was 19,380 showing a population growth of 9.8% in the area during that time. The predominant age group in Mulgrave is 30-39 years. Households in Mulgrave are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mulgrave work in a professional occupation. In 2011, 77.3% of the homes in Mulgrave were owner-occupied compared with 75.4% in 2016.

Mulgrave has 9,288 properties. Over the last 5 years, Houses in Mulgrave have seen a 24.33% increase in median value, while Units have seen a 16.68% increase. As at 30 September 2024:

  • The median value for Houses in Mulgrave is $1,090,961 while the median value for Units is $827,396.
  • Houses have a median rent of $620 while Units have a median rent of $620.
There are currently 20 properties listed for sale, and 11 properties listed for rent in Mulgrave on OnTheHouse. According to CoreLogic's data, 292 properties were sold in the past 12 months in Mulgrave.

Suburb Insights for Mulgrave 3170

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.