OFF MARKET

5 Lotus Crescent
Mulgrave VIC 3170

Bedrooms: 3
Bathrooms: 2
Car spaces: 3
Floor area: 130m2
Land area: 661m2
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Property Details for 5 Lotus Cres, Mulgrave

5 Lotus Cres, Mulgrave is a 3 bedroom, 2 bathroom House with 3 parking spaces and was built in 1970. The property has a land size of 661m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in April 2022.

Building Type
House
Year Built
1970
Floor Size
130m2
Land Size
661m2
Local Government
Monash
Lot/Plan
290/LP71836

Last Listing description (April 2022)

Whilst it will be the end of an era for the current owners it will be a very bright future for the lucky new owners who are able to secure this well presented and charming home providing everything required for an excellent investment or a fantastic first home.

This original three-bedroom home's proportions represent a great opportunity to renovate, extend or even consider the option to sub-divide or re-develop, STCAthe decision is yours. Whichever option fits best with your vision for the future, this property and its 661m2 approx. allotment provide the proportions and the potential to deliver the success you desire.

Features:

3 spacious bedrooms, all with built in robes
1 Bathroom with duel entry
1 Toilet
Split System Heating & Cooling
Formal Lounge
Large Block Size of around 661sqm
Secure Lockup Double Garage
Single Carport
Low maintenance gardens

Brilliantly located in a most sought-after pocket of Mulgrave, close to public transport and parklands, walking distance to Albany Rise Primary and Wellington High schools, close to Mazenod & Nazareth Colleges and a short drive to Waverley Gardens Shopping Centre makes this a must-see property.

Also to consider is the handy proximity to both Monash and East Link Freeways providing easy access equally to the city and to the Mornington Peninsula and Eastern Victoria. Dont miss out on this great opportunity!

* 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.

Property History for 5 Lotus Cres, Mulgrave, VIC 3170

A timeline of how this property has performed in the market
Last Sold
$905,000
22 Apr 2022
  • 22 Apr 2022
    Sold for $905,000
  • 30 Mar 2022
    Listed for Sale AUCTION SAT 23 APRIL AT 2:00PM
  • 01 Jul 1986
    Sold for $55,000

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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 29 properties listed for sale, and 19 properties listed for rent in Mulgrave on OnTheHouse. According to CoreLogic's data, 276 properties were sold in the past 12 months in Mulgrave.

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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.