SOLD
Sold on 29 Jun 2024 for $886,000

29 Wanda Street
Mulgrave VIC 3170

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 100m2
Land area: 656m2
Sold By
JRW Property International Glen Waverley
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Property Details for 29 Wanda St, Mulgrave

29 Wanda St, Mulgrave is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1970. The property has a land size of 656m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom House sold in Mulgrave in the last 12 months.

Building Type
House
Year Built
1970
Floor Size
100m2
Land Size
656m2
Local Government
Monash
Lot/Plan
45/LP60431

Last Listing description (July 2024)

Explore an enticing opportunity located on Wanda Street in Mulgrave, where an amazing property awaits your investment insight. Positioned in a prime area with promising potential, this north-east facing property presents an ideal canvas for a knock-down-and-rebuild venture, promising substantial returns. Embrace the chance to reimagine this space and create a contemporary masterpiece tailored to current lifestyle preferences.

Envision the possibilities as you contemplate the prospect of replacing the existing structure with a new home designed to your exact specifications. With the freedom to customize layouts, amenities, and aesthetics, you can shape a dwelling that stands out in Mulgrave's competitive real estate landscape. The property's north-east orientation ensures just the right amount of sunlight, enhancing its allure.

Whether your aim is long-term rental income, resale profit, or personal enjoyment, this investment prospect offers an open canvas for your entrepreneurial flair to flourish. Seize the moment to leverage Mulgrave's thriving property market with a knock-down-and-rebuild endeavor on Wanda Street. Transform this property into a valuable asset that reflects your investment objectives and showcases your vision for contemporary living. Take action now to unlock the full potential of this prime location and embark on a fulfilling journey of property development and financial success.

Property History for 29 Wanda St, Mulgrave, VIC 3170

A timeline of how this property has performed in the market
Last Sold
$886,000
29 Jun 2024
  • 29 Jun 2024
    Sold for $886,000
  • 27 Mar 2024
    Listed for Sale Not Disclosed
  • 17 May 1995
    Sold for $98,000
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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 9,261 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.

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.