SOLD
Sold on 31 Jan 2024 for $600,000

2/862 Springvale Road
Mulgrave VIC 3170

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 91m2
Land area: 75m2
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Property Details for 2/862 Springvale Rd, Mulgrave

2/862 Springvale Rd, Mulgrave is a 2 bedroom, 2 bathroom Unit and was built in 2021. The property has a land size of 75m2 and floor size of 91m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 2 bedroom Unit sold in Mulgrave in the last 12 months.

Building Type
Unit
Year Built
2021
Floor Size
91m2
Land Size
75m2
Local Government
Monash
Lot/Plan
2/PS848901

Property History for 2/862 Springvale Rd, Mulgrave, VIC 3170

A timeline of how this property has performed in the market
Last Sold
$600,000
31 Jan 2024
  • 31 Jan 2024
    Sold for $600,000

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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 9,260 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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