Suburb Profile

Suburb profile for,

Mulgrave, VIC 3170

About Mulgrave

Situated in Victoria's 3170 postcode, Mulgrave is a well-established residential suburb.

Demographics and Community

Mulgrave has a population of approximately 19,380, a median age of 38, a median weekly household income of $1,576.

Property Market Overview

The current median house price in Mulgrave is $989,500. Average annual growth is -1.5%.

Properties in Mulgrave spend an average of 36 days on market.

Rental Market

The median weekly rent for houses in Mulgrave is $450. Gross rental yield is 2.70%.

Nearby Suburbs

Explore other suburb profiles in the area: Springvale, VIC, Clarinda, VIC, Clayton South, VIC, Dingley Village, VIC, Springvale South, VIC.

Considering Mulgrave for Investment?

Handle Properties is a Sydney-based buyer's agency helping investors build portfolios of high-growth investment properties across Australia. If you are considering Mulgrave or need help identifying the right suburb for your strategy, get in touch with our team.

SUBURB DATA

Quantitative data for,

Mulgrave, VIC 3170

The quantitative data below has been compiled on 30th May 2023 from a range of third party sources using a variety of manual methods. Handle does not guarantee the accuracy of this data shown below.

State
VIC
Suburb
MULGRAVE
Postcode
3170
Median price for all dwellings
$989,500
Last 12 months growth return
Down -1.5%
Avg. dwellings for sale in the suburb every month
36
Avg. dwellings sold in the suburb in previous 12 months
216
Avg days on market for a dwelling listing to sell
36 days
Avg. number of people searching in this suburb every month
3090
Avg. rental yield per annum
2.70%
Weekly median rent for all dwellings
$450 per week
Median price for all houses
$989,500
Avg. rental yield growth in the previous 12 months
2.70%
Avg. days for a rental listing to find a tennant
21 days
Total suburb population in 2016
19380
Total suburb population change in 5 years up to 2016
9.80%
Avg. household income per week
$1,576
Median age of the population in the suburb
38
Historic avg annual growth return per annum in the suburb
2.27%