SOLD
Sold on 15 Dec 2023 for $1,030,000

29 Merrill Street
Mulgrave VIC 3170

Bedrooms: 3
Bathrooms: 1
Car spaces: 7
Floor area: 120m2
Land area: 767m2
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Property Details for 29 Merrill St, Mulgrave

29 Merrill St, Mulgrave is a 3 bedroom, 1 bathroom House with 7 parking spaces and was built in 1969. The property has a land size of 767m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 3 bedroom House sold in Mulgrave in the last 12 months.

Building Type
House
Year Built
1969
Floor Size
120m2
Land Size
767m2
Local Government
Monash
Lot/Plan
19/LP72601

Last Listing description (December 2023)

Nestled in the heart of Mulgrave, a picturesque suburb known for its family-friendly environment and excellent educational institutions, this charming family home offers a unique opportunity for both homeowners and investors alike. The property enjoys a prime location, with various amenities within walking distance, including Wellington Secondary College, Mulgrave Park Preschool, and Albany Rise Primary School, ensuring convenience for families with school-aged children.

One of the standout features of this property is the generous land size, covering a sprawling 767 square meters. Such a substantial land parcel not only provides an abundance of outdoor space but also presents an enticing prospect for astute investors and developers. It's worth noting that the potential for land subdivision exists, contingent upon obtaining the necessary permits and adhering to local zoning regulations (STCA).


Inside the home, you'll find three comfortable bedrooms, positioned around the main bathroom for easy access and functionality. The heart of the house is a spacious and well-lit lounge room that seamlessly connects to an open-plan kitchen and dining area. This layout is perfect for family gatherings, fostering a warm and inviting atmosphere that's ideal for quality time together.

The outdoor space is equally impressive. The expansive backyard is a haven for recreational activities and social gatherings. A well-designed paved area provides the ideal setting for hosting family barbecues, while the large open space allows kids to play freely and explore their imagination. It's a space that can be tailored to suit various lifestyle preferences.

In addition to the exceptional living space and generous land size, the property boasts ample parking options. There's room for up to 10 vehicles, accommodating large families or individuals with multiple cars. The parking facilities include a spacious double garage, a double carport, an extended driveway, and a convenient garden shed for added storage.

Ultimately, this property presents a wealth of possibilities. Whether you're seeking a comfortable and spacious family home or have a keen eye for investment potential, this versatile property offers numerous avenues for exploration.

Property History for 29 Merrill St, Mulgrave, VIC 3170

A timeline of how this property has performed in the market
Last Sold
$1,030,000
15 Dec 2023
Listed for Rent
$540/w
15 Sep 2023
  • 15 Dec 2023
    Sold for $1,030,000
  • 10 Nov 2023
    Listed for Sale $1,050,000 - $1,080,000
  • 05 Jan 2023
    Listed for Rent $520 / week
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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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Thushari Sumanasekera
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Addrezz Property Group
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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.