SOLD
Sold on 31 Jul 2024 for $700,000

774 Springvale Road
Mulgrave VIC 3170

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 104m2
Land area: 785m2
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Property Details for 774 Springvale Rd, Mulgrave

774 Springvale Rd, Mulgrave is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 785m2 and floor size of 104m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom House sold in Mulgrave in the last 12 months.

Building Type
House
Year Built
1970
Floor Size
104m2
Land Size
785m2
Local Government
Monash
Lot/Plan
81/LP65472

Last Listing description (May 2016)

Prepare to revel in the exciting opportunities presented by this sensational 785sqm approx. rectangular allotment, whether it be as an investment, renovation, subdivision or redevelopment (STCA). Set towards the front of the allotment, the existing dwelling is currently leased, creating the ideal opportunity for those seeking rental income whilst plans and permits are obtained. The internal layout provides for three bedrooms, a family bathroom with toilet and separate laundry. While the lounge room is highlighted by attractive polished floorboards, connecting through to the well equipped kitchen and meals zone. Continuing outside, a delightful paved entertaining zone is accompanied by a built-in-BBQ and extends onto the large backyard with gated driveway access leading to the double garage. Ducted heating and evaporative cooling deliver year round comfort, while service road access offers ease of entry and exit. Situated in a prime location with buses out front, close to Mazenod College, St. John Vianney s Primary, Monash Uni, Ikea, Brandon Park Shopping Centre plus Monash and EastLink Freeway access.
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Property History for 774 Springvale Rd, Mulgrave, VIC 3170

A timeline of how this property has performed in the market
Last Sold
$700,000
31 Jul 2024
Listed for Rent
$160/w
16 Aug 2016
  • 31 Jul 2024
    Sold for $700,000
  • 16 Aug 2016
    Listed for Rent - Price not available
  • 02 Apr 2016
    Sold for $635,000
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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 9,308 properties. Over the last 5 years, Houses in Mulgrave have seen a 16.25% increase in median value, while Units have seen a 19.97% increase. As at 30 November 2024:

  • The median value for Houses in Mulgrave is $1,067,454 while the median value for Units is $850,411.
  • Houses have a median rent of $635 while Units have a median rent of $630.
There are currently 16 properties listed for sale, and 19 properties listed for rent in Mulgrave on OnTheHouse. According to CoreLogic's data, 292 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.