OFF MARKET

38 Highfield Avenue
Mulgrave VIC 3170

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 102m2
Land area: 699m2
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Last updated 11 Nov 2024
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Property Details for 38 Highfield Ave, Mulgrave

38 Highfield Ave, Mulgrave is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 699m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in December 2016.

Building Type
House
Floor Size
102m2
Land Size
699m2
Local Government
Monash
Lot/Plan
218/LP12519

Last Listing description (April 2022)

On around 714sqm approximately of land, this classic brick veneer home has been kept in very good condition throughout its life and offers its new owner the potential to renovate and modernize or explore the potential for a unit development (STCA). Currently tenanted, the home has a standing lease until January 2017 returning $18,764 p.a (approx) giving investors and developers instant returns. Fronted by a low brick fence and lovely garden, the home features a central hallway that is flanked by a generous lounge with a gas heater and an adjoining room that could double as the additional 3rd bedroom. There's also a central bathroom with an integrated meals area, as well as an extended family/rumpus room for more casual living, a family bathroom and separate toilet, while outside you find a single garage with remote door, plus a shed and a big yet easily maintained backyard. In a quiet pocket of Mulgrave the home has buses at the end of the street and you can easily access local schools, Monash University, Monash Freeway and shops at Brandon Park, Waverley Gardens and central Springvale in minutes.

Property History for 38 Highfield Ave, Mulgrave, VIC 3170

A timeline of how this property has performed in the market
Last Sold
$810,000
07 Dec 2016
Listed for Rent
$365/w
02 Oct 2017
  • 24 Aug 2021
    Listed for Sale RECENT SALES
  • 10 Aug 2017
    Listed for Rent - Price not available
  • 07 Dec 2016
    Sold for $810,000
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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.