SOLD
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Sold on 15 Mar 2024 for $730,000

4/523-525 Police Road
Mulgrave VIC 3170

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
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Property Details for 4/523-525 Police Rd, Mulgrave

4/523-525 Police Rd, Mulgrave is a 3 bedroom, 2 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 3 bedroom Unit sold in Mulgrave in the last 12 months.

Building Type
Unit
Local Government
Monash
Lot/Plan
4/PS341861

Last Listing description (March 2024)

Spacious, comfortable and within minutes of numerous amenities, this three-bedroom unit is a fantastic find. Perfect for first home buyers, downsizers and savvy investors, this is an outstanding opportunity in an exclusive sought-after pocket of Mulgrave.

Situated next to the Mulgrave Private Hospital, within walking distance of the Tirhatuan Wetlands, close to Waverley Gardens Shopping Centre and moments from numerous schools, the first-class convenience is all yours.

Located high on the hill, this secure peaceful unit is accessed via a neat frontage and charming porch. As you step inside, you'll notice the large living room with its tasteful décor and adjoining meals area. The chef of the household will feel completely at home in the fully-equipped kitchen with ample benchtop space and modern appliances.

Moving further along, you'll find all three generously-sized bedrooms. The master boasts its own walk-in robe and en suite for complete privacy, while the remaining rooms feature built-ins and share the family bathroom with separate WC. Completing this cosy residence is a laundry with exterior access, AC to the living area, ceiling fans and blinds/curtains throughout.

Outside, you'll find a tidy, grassed yard overlooked by an enclosed outdoor sunroom area with a ceiling fan with 2 Arlec heaters and spacious single garage with rear access for added convenience.

This is an impressive unit that's packed with potential. Don't miss out, call today!

* Photo ID is to be presented upon inspection.
* Please note that every care has been taken to verify the accuracy of the details of 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.

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Property History for 4/523-525 Police Rd, Mulgrave, VIC 3170

A timeline of how this property has performed in the market
Last Sold
$730,000
15 Mar 2024
  • 02 Mar 2024
    Sold for $730,000
  • 14 Feb 2024
    Listed for Sale $690,000 - $750,000
  • 02 Jul 2020
    Sold for $670,000
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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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