SOLD
Sold on 28 Oct 2023 for $1,070,000

85 Lea Road
Mulgrave VIC 3170

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 739m2
Sold By
Win Real Estate
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Property Details for 85 Lea Rd, Mulgrave

85 Lea Rd, Mulgrave is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 739m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 3 bedroom House sold in Mulgrave in the last 12 months.

Building Type
House
Land Size
739m2
Local Government
Monash
Lot/Plan
91/LP54600

Last Listing description (October 2023)

This spacious family home, designed with entertaining in mind, remains entirely functional and welcoming throughout its generous, original proportions. In addition, its level, regular rectangular allotment of some 739sqm (approx.) provides exceptional potential for renovation or re-development if so desired, STCA. A wide street frontage of approximately 20m adds to the appeal of the block and complements possibilities for multi townhouse design or for delivering a fresh, fabulous dream home. While decisions are made, the current residence's range of living zones, garden areas and parking spaces offer ideal ongoing enjoyment.

A private front garden precedes a light-filled lounge area, featuring an efficient wall heater, that's enhanced by a separate large dining room situated beyond the central kitchen where slate floors reflect its classic style while a gas cooktop, inbuilt oven and dishwasher, abundant bench and cupboard space convey the success of its modern renovation.

Three bedrooms, each with built-in robes, share two central bathrooms of the home that also offers the flexibility and recreation space of a substantial rumpus room before an undercover alfresco sitting area, established garden and a tree-covered patio with a built-in BBQ create a welcoming backdrop. Ducted gas heating and seperate ducted reverse cycle air conditioning, energy efficient solar panels, a water tank, carport and massive 5.8 x 8m lock-up garage, with a separate storage shed add to the current day attraction.

Ideally positioned for family enjoyment, proximity to Albany Rise and St John Vianneys Primary Schools, Wellington Secondary College and the Wanda Street shops accompanies a property that lets you live in and appreciate the present day spaces while considering strategies for the future of the site and the setting. A short drive to Waverley Gardens Shopping Centre, the M1 & M3 freeway entrances further illustrates the convenience and complements the potential.

Property History for 85 Lea Rd, Mulgrave, VIC 3170

A timeline of how this property has performed in the market
Last Sold
$1,070,000
28 Oct 2023
  • 28 Oct 2023
    Sold for $1,070,000
  • 04 Oct 2023
    Listed for Sale UNDER CONTRACT

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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 9,288 properties. Over the last 5 years, Houses in Mulgrave have seen a 24.33% increase in median value, while Units have seen a 16.68% increase. As at 30 September 2024:

  • The median value for Houses in Mulgrave is $1,090,961 while the median value for Units is $827,396.
  • Houses have a median rent of $620 while Units have a median rent of $620.
There are currently 20 properties listed for sale, and 11 properties listed for rent in Mulgrave on OnTheHouse. According to CoreLogic's data, 292 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.