104/27 Police Rd, Mulgrave is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2013. The property has a land size of 1191m2 and floor size of 66m2. While the property is not currently for sale or for rent, it was last sold in February 2025.
Located at 4/27 Police Road, Mulgrave, this cozy 1Bedroom, 1Bathroom Apartment is perfect for those looking to enter the property market, either as a first-time buyer or savvy investor. Offering a car park on title and a high rental yield, this property is an incredible investment opportunity in one of Melbourne's fastest-growing suburbs.
Mulgrave is renowned for its vibrant community, excellent schools, and proximity to key amenities, making it a highly sought-after location. Just minutes away from Chadstone Shopping Centre, you'll have shopping, dining, and entertainment options at your fingertips. Public transport is a breeze with easy access to bus stops and Springvale Station only a short distance away. Additionally, a Coles supermarket is just a short walk away, adding convenience to your everyday living.
This apartment is situated in a prime spot on the iconic Police Road, offering both privacy and easy access to everything Mulgrave has to offer. Whether you're looking for a solid investment with high returns or a budget-friendly first home, this property won't last long on the market.
Chattels: All fittings and fixtures as inspected.
Deposit: 5/10%
Preferred Settlement Terms: 30 - 90 days.
Current Rental Return: $1586 monthly
Year Built: 2013
Don't miss out come see it for yourself and make an offer today!
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The size of Mulgrave is approximately 10.7 square kilometres. There are 40 parks, covering nearly 5.8% of the 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 9,432 properties. Over the last 5 years, Houses in Mulgrave have seen a 4.00% increase in median value, while Units have seen a 7.40% increase. As at 30 June 2026:
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