3 Caesar St, Mulgrave is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 645m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in August 2026. There are other 3 bedroom House sold in Mulgrave in the last 12 months.
Positioned in a highly sought-after pocket of Mulgrave, this exceptional corner block presents an outstanding opportunity for investors, developers, and future-focused buyers alike. Whether you're looking to develop immediately, invest for the future, or landbank in a tightly held location, the possibilities on offer are both exciting and rewarding.The existing residence comprises three well-proportioned bedrooms and one bathroom and is currently tenanted, providing an immediate rental income stream while you finalise your future plans. The corner block position further enhances the property's appeal, offering flexibility and excellent accessibility for future development opportunities.Adding significant value, the property comes with approved plans and permits for two substantial family-sized residences:- Unit 1: Approx. 29 squares- 4 bedrooms, 2 bathrooms, double garage- Unit 2: Approx. 31 squares- 4 bedrooms, 2 bathrooms, secure double garageLocated within easy reach of quality schools, local shopping centres, parklands, public transport, and major arterial roads, this address delivers the convenience and lifestyle that continue to make Mulgrave a highly desirable suburb. Combining an established tenancy, approved plans and permits, and a premium corner allotment, this is a rare opportunity to secure a property with immediate income and significant development upside in one of Melbourne's most sought-after growth corridors.
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 9,438 properties. Over the last 5 years, Houses in Mulgrave have seen a -1.02% decrease in median value, while Units have seen a 3.98% increase. As at 31 July 2026:
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