VIC has seen average median house prices change by 11.00% which means that Mulgrave, 3170 has done well for property investors by showing a capital gain of 14.64% over the last year
While Mulgrave,3170 ranked number 200th in VIC for increase in median house value (annualised) increase, it is ranked 140th over the last 5 years.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.26% offered to property buyers. Sellers in Mulgrave itself are offering an average vendor discount of -9.54% to real estate investors.
Often selling an investment property can take time, and in Mulgrave the average time real estate has been on the market is 75.13 days.
Property investors should expect to get $450 weekly from the median priced house in this suburb.
Mulgrave, 3170 ranked 284th in VIC when comparing growth in median property values or capital gain over the last 12 months. Mulgrave is one of 2098 in our list for VIC
Across a shorter period, Mulgrave, 3170 has seen a median price increase of 2.34% over the last quarter.
The most recent median price for Mulgrave is $624750, with sellers offering an average of -8.17% off the asking price.
In the last year 32 properties changed hands in Mulgrave, which puts it as the 248th most active market in VIC when comparing the number of sales per suburb.
The VIC suburb of Mulgrave, 3170 is in the Monash local government area.