201/700 Springvale Road, Mulgrave, VIC 3170 sold on 25 February 2025 | OnTheHouse
SOLD
Sold on 25 Feb 2025 for $25,175,000

201/700 Springvale Road
Mulgrave VIC 3170

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 9129m2
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Property Details for 201/700 Springvale Rd, Mulgrave

Building Type
Commercial
Land Size
9129m2
Local Government
Monash
Lot/Plan
2/PS303711

Property History for 201/700 Springvale Rd, Mulgrave, VIC 3170

A timeline of how this property has performed in the market
Last Sold
$25,175,000
25 Feb 2025
  • 25 Feb 2025
    Sold for $25,175,000
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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 22 properties listed for sale, and 11 properties listed for rent in Mulgrave on OnTheHouse. According to Cotality's data, 387 properties were sold in the past 12 months in Mulgrave.

Suburb Insights for Mulgrave 3170

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Cotality Copyright and Legal Disclaimers about Property Data
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.