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40 Lotus Crescent,
Mulgrave VIC 3170

This property is Off Market

All about Mulgrave Homes for sale in Mulgrave

The Average property price in this area is $1,255,684, this is based on recent transactions.
Internet speed Download 1000 Mbps / Upload 400 Mbps
Distance to the coast 11.74 km
Potential bushfire risk 0 / 10
Report as to subsidence
Powerlines within 200m 0

Street view

Drive times

School Catchments

Property For Sale Nearby

At Realty UNIT 1, 13 LOTUS CR, $995,000 0 Beds - 0 Baths - 0 Parking Within 0.2 km Ray White 191 POLICE RD, 880000 3 Beds - 1 Baths - 4 Parking Within 0.7 km Ray White 16 VALEWOOD DR, 1250000 3 Beds - 1 Baths - 1 Parking Within 1.0 km Ray White 6 CROKE PARK CT, 790000 3 Beds - 2 Baths - 1 Parking Within 1.3 km Harcourts UNIT 1, 35 WOOLWICH DR, AUCTION 4 Beds - 2 Baths - 1 Parking Within 1.3 km Harcourts UNIT 2, 34 WATTLE GR, $800,000 - $850,000 3 Beds - 2 Baths - 1 Parking Within 1.3 km Harcourts UNIT 119, 271 POLICE RD, $880,000 3 Beds - 1 Baths - 1 Parking Within 1.5 km Century 21 80 MACKIE RD, P.O.A. 3 Beds - 1 Baths - 2 Parking Within 1.6 km Ray White 12 BROOKLAND CT, 1280000 4 Beds - 2 Baths - 2 Parking Within 1.8 km Century 21 32 ROBERTS AV, FOR SALE - CONTACT AGENT 4 Beds - 2 Baths - 2 Parking Within 2.1 km Harcourts 9 DUNROSSIL CL, $1,300,000 - $1,430,000 4 Beds - 2 Baths - 2 Parking Within 2.6 km

Recently Sold Properties in this Area

About Mulgrave

With an average age of 42, households expect an average monthly mortgage payment of $3,000 or a weekly rent payment of $421. The average family earns a weekly income of $1,775 with a typical household size of 2.7 and a 93.86% employment rate.

Consistent high demand relative to supply is a key feature in Mulgrave driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Mulgrave are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The high percentage of professional people in Mulgrave classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Mulgrave requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Public Transport

Stop 72: Lakeside Drive tram

Stop 73: Springvale Road tram

Stop 74: Stanley Road tram

Stop 75: Vermont South Shopping Centre tram

Stop 75: Vermont South Shopping Centre train

Mount Waverley train

Syndal

Westall

General Points of Interest

Lest We Forget

Neighbours Backlot

Chesterfield Farm shopping

Golden Plaza monument

The Cricketer's Bell

Academy Swimming Pool stadium

Hockey Pavillion schools

Melbourne School of Theology

Vermont South Shopping Centre sport

Volleyball: Dandenong Basketball Centre

Population

(Country of Birth not stated 3%)

Are people healthy?

There are a recorded 1837 asthma sufferers and 991 people living with diabetes. In addition, 1014 people have a heart/vascular condition and 1358 people live with three or more chronic diseases.

A good place to invest in property?

Mulgrave a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.

Investability - Housing Demand

Victoria State average 44 / 100

Income

54 / 100

52 / 100

Industry

32 / 100

17 / 100

Population

44 / 100

32 / 100

House Prices

85 / 100

70 / 100

Jobs

44 / 100

34 / 100

Disclaimer

Local Crime Rates

Incidents Trend State Average

Local Schools

School Catchments

Wellington Secondary College Albany Rise Primary School
St Justin's School
Wheelers Hill, VIC, 3150 Independent Prep-6
Springvale Rise Primary School
Springvale, VIC, 3171 State Prep-6
Carwatha College P-12
Noble Park, VIC, 3174 State Prep-12
Nazareth College
Noble Park North, VIC, 3174 Independent 7-12
St John Vianney's School
Mulgrave, VIC, 3170 Independent Prep-6
Wellington Secondary College
Mulgrave, VIC, 3170 State 7-12
Albany Rise Primary School
Mulgrave, VIC, 3170 State Prep-6
Waverley Meadows Primary School
Wheelers Hill, VIC, 3150 State Prep-6
Brandon Park Primary School
Wheelers Hill, VIC, 3150 State Prep-6

Property Story

40 Lotus Crescent, Mulgrave, Vic, 3170 is a residential property . The estimated distance to the sea is 11.74km and at least 1.92KM to vegatation considered to be a factor in bushfire risk.

Local Developments

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134 Acme Avenue Street, Town, State

Description - Details the application. Type and other information pertaining to the development application and more...

Authority Reference: UX0909823-GOV Website

The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.

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