31 Seaview Cres, Mulgrave is a 3 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1960. The property has a land size of 700m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in July 2020.
Positioned in the highly sought-after suburb of Mulgrave, this much-loved home, already set up for high rental yields, is your opportunity to enter this highly regarded suburb with an outstanding investment.It is all about choices - renovate, extend, or re-develop (STCA) with a large flat, regular shaped allotment sized at approx. 698m2, this one's sure to get all the developers out there salivating with its endless potential. On the other hand, the home also offers great possibilities for families wanting to move in and renovate, for investors looking to lease out or owner-builders looking to renovate the front house and develop on the rear of the allotment while your subdivision comes through. This weatherboard home, perfectly liveable, comprises of three bedrooms, bathroom with bathtub, well maintained kitchen, timber floors and a north facing living space absorbing plenty of natural sunlight. A great location seals the deal with buses running on Springvale Road, walk to Albany Rise Primary School, Wellington Secondary College, Mazenod College, minutes from Brandon Park, Waverley Gardens Shopping Centres and easy access to both Monash Freeway and Eastlink.Photo I.D. required and social distancing applies at all open inspections.
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:
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