5 Lotus CrescentMulgrave VIC 3170
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.
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:
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
- 22 Apr 2022Sold for $905,000
- 30 Mar 2022Listed for Sale AUCTION SAT 23 APRIL AT 2:00PM
- 01 Jul 1986Sold for $55,000
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0About 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 28.04% increase in median value, while Units have seen a 25.02% increase. As at 31 August 2024:
- The median value for Houses in Mulgrave is $1,089,464 while the median value for Units is $849,023.
- Houses have a median rent of $620 while Units have a median rent of $618.
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