OFF MARKET

18 Highfield Avenue
Mulgrave VIC 3170

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 100m2
Land area: 622m2
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Property Details for 18 Highfield Ave, Mulgrave

18 Highfield Ave, Mulgrave is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 622m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
House
Year Built
1950
Floor Size
100m2
Land Size
622m2
Local Government
Monash
Lot/Plan
1/PS519433

Last Listing description (September 2023)

Mulgrave: Are you looking for an exceptional investment opportunity in a sought-after location? Look no further! Situated at 18 Highfield Avenue, Mulgrave, this property offers immense potential for savvy investors. Featuring 3 bedrooms, 1 bathroom, and a single car port, this property is subject to council approval to build 2 dream houses, making it a unique opportunity for those looking to maximize their investment returns. With its prime location, this property is conveniently located close to shopping centres, Monash University, and the Eastlink Freeway, making it an ideal investment for both families and professionals alike.
Imagine the possibilities - build two modern, well-designed homes (STCA) in a high-demand area and reap the benefits of a smart investment strategy. Mulgrave is a thriving suburb with strong rental demand and consistent capital growth, making this property an attractive option for astute investors.
Main Features of the Property:

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STCA
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3 Bedrooms
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Built in Robes
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Living Area
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Open Plan Kitchen overlooking Dining Area
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Laundry
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2xGarden Sheds
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Single Car port
Chattels: All Fittings and Fixtures as Inspected as Permanent Nature
Deposit Terms: 10%of Purchase Price
Preferred Settlement: 30/45/60 Days
Prime location close to all amenities:
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Shopping Centre

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Monash Medical Centre
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Schools and Colleges
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Monash University
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Monash Freeway
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Eastlink Freeway
Don't miss out on this outstanding opportunity to secure a prime piece of real estate in Mulgrave. Act now and capitalize on the potential this property has to offer. Call Mohan Singh today to arrange a private inspection and secure your future investment!
PHOTO ID REQUIRED AT OPEN HOMES
Every care has been taken to verify the accuracy of the details in this advertisement, however we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves of any pertinent matters.

Property History for 18 Highfield Ave, Mulgrave, VIC 3170

A timeline of how this property has performed in the market
Last Sold
$900,000
26 Sep 2023
Listed for Rent
$220/w
30 Apr 2007
  • 26 Sep 2023
    Sold for $900,000
  • 11 Apr 2023
    Listed for Sale $719,000-$769,000
  • 27 Apr 2022
    Sold for $900,000
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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.

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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.