2/92 Lea Road, Mulgrave, VIC 3170 | Property Value & History | OnTheHouse
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FOR SALE

2/92 Lea Road
Mulgrave VIC 3170

Bedrooms: 4
Bathrooms: 3
Car spaces: -
Floor area: 132m2
Land area: 250m2
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This property is currently on the market
LAND WITH PLANS AND PERMITS APPROVED - READY TO BUILD
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1/25
Dec 24

Property Details for 2/92 Lea Rd, Mulgrave

2/92 Lea Rd, Mulgrave is a 4 bedroom, 3 bathroom Townhouse and was built in 2025. The property has a land size of 250m2 and floor size of 132m2.This Property is currently listed for sale with Ray White Glen Waverley

Building Type
Townhouse
Year Built
2025
Floor Size
132m2
Land Size
250m2
Local Government
Monash

Last Listing description (May 2025)

2/92 Lea Road - Vacant Land

Seize the opportunity to secure this premium block of land ready-to-build, perfectly flat and ready for your dream home or next investment project. With a generous width of 16.8 meters, the possibilities are endless. Situated in a highly sought-after location, this property is within walking distance to Albany Rise Primary School and close to renowned amenities, including Wellington Reserve, Monash University, Mazenod College, and Wellington Secondary College. Shopping and lifestyle options abound with Waverley Gardens Shopping Centre, Brandon Park, and The Glen just a short drive away. Commuters will appreciate easy access to the Monash Freeway, Glen Waverley Train Station, and nearby Sandown Racecourse.
This block offers the ultimate blend of location and potential. Don't miss the chance to create your future in this thriving neighborhood.

Features:
Plans and Permits approved, for 4 bedroom 3 bathroom townhouse.
Drawings of potential dwelling available
Flat block of land, ready to build
Concreted shared driveway
Perfect for investment or building your dream home
Walking distance to Albany Rise Primary School
Close to Monash University, Mazenod College, and Wellington Secondary College
Nearby shopping: Waverley Gardens, Brandon Park, The Glen
Easy access to Monash Freeway, Glen Waverley Train Station or Springvale Train Station
Proximity to Wellington Reserve, Sandown Racecourse, and St John Vianney's Primary School

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Property History for 2/92 Lea Rd, Mulgrave, VIC 3170

A timeline of how this property has performed in the market
  • 24 Dec 2024
    Listed for Sale LAND ONLY - Plans and Permits Approved

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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 2011 was 17,647 people. By 2016 the population was 19,380 showing a population growth of 9.8% 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 2011, 77.3% of the homes in Mulgrave were owner-occupied compared with 75.4% in 2016.

Mulgrave has 9,315 properties. Over the last 5 years, Houses in Mulgrave have seen a 15.85% increase in median value, while Units have seen a 21.76% increase. As at 30 April 2025:

  • The median value for Houses in Mulgrave is $1,070,128 while the median value for Units is $900,782.
  • Houses have a median rent of $650 while Units have a median rent of $645.
There are currently 25 properties listed for sale, and 10 properties listed for rent in Mulgrave on OnTheHouse. According to CoreLogic's data, 297 properties were sold in the past 12 months in Mulgrave.

Mulgrave Profile Page

What's around 2/92 Lea Rd, Mulgrave

Nearby Schools
Comparable Properties

Suburb Insights for Mulgrave 3170

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Market Insights
Mulgrave Trends for Houses
Median Value

$1.07M

1.62%
View Trend
Median Growth

-2.01%

View Trend
Median Rent

$650/W

8.33%
View Trend
Rental Yield

3.36%

7.01%
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year (05/24 - 04/25)
Mulgrave Trends for Units
Median Value

$901k

5.16%
View Trend
Median Growth

5.69%

View Trend
Median Rent

$645/W

6.17%
View Trend
Rental Yield

4.00%

9.59%
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year (05/24 - 04/25)
Neighbourhood Insights
Age

Population 19,380

0-9

 

12%

10-19

 

10%

20-29

 

14%

30-39

 

15%

40-49

 

14%

50-59

 

11%

60-69

 

11%

70-79

 

8%

80-89

 

4%

90-99

 

1%

Household Structure
Occupancy
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Disclaimer
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Valuations and Estimates
This estimate is provided by CoreLogic, and is based on statistical market data such as recent local sales, property size, number of bedrooms and many more factors. It comes from public data, which may be incomplete or inaccurate, and should not be used in lieu of a professional appraisal under any circumstances, including for lending purposes or in home loan applications.
School data and Content
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Liveability information
The Liveability Score is a rating (out of 10) provided by Propella.ai Pty Ltd as a guide about how "well-connected" properties are in certain local areas. The Liveability Score is based on statistical data about a local area in which a property is located including the distance to and number of available facilities and services (including schools, parklands, health services, shopping and public transport) (Liveability Data). The Liveability Data and Liveability Score has not been verified or confirmed by CoreLogic, is not available for all properties, and is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. Given the relative nature of the Liveability Score, propella.ai anticipate that scores for individual properties will change over time.

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