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Sold on 25 Oct 2024 for $1,035,000

16 Wilma Avenue
Mulgrave VIC 3170

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 102m2
Land area: 705m2
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Property Details for 16 Wilma Ave, Mulgrave

16 Wilma Ave, Mulgrave is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1970. The property has a land size of 705m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 3 bedroom House sold in Mulgrave in the last 12 months.

Building Type
House
Year Built
1970
Floor Size
102m2
Land Size
705m2
Local Government
Monash
Lot/Plan
252/LP12519

Last Listing description (October 2024)

Set on a true flat rectangular block of approximately 705m in the heart of Mulgrave, this property offers endless potential. Whether you're looking to move right in, extend, or further renovate, this home provides flexible options. For developers, the generous backyard space opens up possibilities for multi-townhouse development or a rear unit addition, making it a prime candidate for investment.

The existing house is in great condition, perfect for moving in or renting out while planning your next steps. Featuring hardwood floors throughout, the home comprises three spacious bedrooms, a large living area with an electric illusion fireplace, a kitchen with gas cooking facilities, and an adjacent dining area. The bathroom is paired with a separate toilet, ensuring convenience for family living. As an added bonus, a sunroom at the rear offers the ideal space for future renovation, potentially creating a second living area.

Additional features include ducted heating, evaporative cooling, and solar panels for energy efficiency. Located within walking distance of local shops and just a short drive to M City, the Ikea Homemaker Centre, Springvale Shopping Centre, Monash University, and key entry points for the Monash Freeway and Eastlink, this property is perfectly situated for both lifestyle and convenience.

Don't miss this rare opportunity-contact us today to arrange an inspection or discuss the potential this property has to offer.

Property History for 16 Wilma Ave, Mulgrave, VIC 3170

A timeline of how this property has performed in the market
Last Sold
$1,035,000
25 Oct 2024
  • 25 Oct 2024
    Sold for $1,035,000
  • 21 Oct 2024
    Listed for Sale Undisclosed
  • 10 Feb 2005
    Listed for Sale 289950
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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 9,261 properties. Over the last 5 years, Houses in Mulgrave have seen a 20.64% increase in median value, while Units have seen a 17.77% increase. As at 31 October 2024:

  • The median value for Houses in Mulgrave is $1,083,976 while the median value for Units is $836,245.
  • Houses have a median rent of $628 while Units have a median rent of $630.
There are currently 30 properties listed for sale, and 20 properties listed for rent in Mulgrave on OnTheHouse. According to CoreLogic's data, 280 properties were sold in the past 12 months in Mulgrave.

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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.