1 Elvara Court, Mulgrave, VIC 3170 sold on 12 July 2025 | OnTheHouse
SOLD
Sold on 12 Jul 2025 - Price Unavailable

1 Elvara Court
Mulgrave VIC 3170

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 177m2
Land area: 643m2
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Property Details for 1 Elvara Ct, Mulgrave

Building Type
Commercial
Floor Size
177m2
Land Size
643m2

Last Listing description (July 2025)

Auction Sat 12 Jul at 1:00 pm

Unlock significant potential with this exceptional 643 sqm (approx.) corner site in Mulgrave. Boasting dual street frontages and a desirable north-west orientation, this property presents a compelling opportunity for developers and investors.

The site supports flexible development, including renovation of the existing single-level dwelling, construction of a new contemporary residence, or, most notably, redevelopment into multiple dwellings (STCA).

The current improvements comprise a comfortable single-level home with a generous lounge, separate kitchen, three bedrooms, a two bathroom, separate toilet, double garage, hardwood floors, and split systems.

Strategically located in a family-friendly precinct, the property benefits from immediate access to a range of amenities. These include Hide n Seek café, Mulgrave Library, Whitehaven playground, Brandon Park, Waverley Gardens, and the Mulgrave Sunday Farmers Market. Furthermore, the site is well-serviced by public transport routes and is in close proximity to major educational institutions such as Brandon Park Primary, Wellington Secondary College, and Monash Clayton University.
This is a strategic acquisition for discerning buyers seeking to capitalise on a well-located site with diverse development upside.

Property History for 1 Elvara Ct, Mulgrave, VIC 3170

A timeline of how this property has performed in the market
Last Sold
12 Jul 2025
  • 12 Jul 2025
    Sold for $950,000
  • 30 May 2025
    Listed for Sale CONTACT AGENT
  • 20 Jun 2018
    Sold for $850,000
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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 2016 was 19368 people. By 2021 the population was 19889 showing a population growth of 2.7% 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 2021, 74.80% of the homes in Mulgrave were owner-occupied compared with 75.40% in 2016.

Mulgrave has 9,501 properties. Over the last 5 years, Houses in Mulgrave have seen a 34.17% increase in median value, while Units have seen a 31.80% increase. As at 30 November 2025:

  • The median value for Houses in Mulgrave is $1,156,604 while the median value for Units is $902,557.
  • Houses have a median rent of $650 while Units have a median rent of $650.
There are currently 24 properties listed for sale, and 14 properties listed for rent in Mulgrave on OnTheHouse. According to Cotality's data, 390 properties were sold in the past 12 months in Mulgrave.

Suburb Insights for Mulgrave 3170

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Contact agent
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Ryan Trickey
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Will Jonas
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RWC Glen Waverley
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Disclaimer
The Cotality 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 Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.