649-655 Springvale Road, Mulgrave, VIC 3170 | Property Value & History | OnTheHouse
OFF MARKET

649-655 Springvale Road
Mulgrave VIC 3170

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Car spaces: -
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Property Details for 649-655 Springvale Rd, Mulgrave

Building Type
Commercial
Local Government
Monash
Lot/Plan
2/LP83769

Last Listing description (April 2023)

DISTRIBUTION CENTRE WITH HARDSTAND

CBRE is proud to present the ideal last mile delivery facility located on the door step of the Monash Freeway.

Unit A: 7,503sqm* (Available now)

Unit B: 3,128sqm 6,256sqm (Available now)
Unit C: Leased to Amazon

Key features:
- Flexible warehousing options
- Office and warehouse can be refurbished to suit
- Perfect last mile delivery location
- Main road location via split lane access off Springvale Road
- Generous car parking/hardstand
- Walking distance to amenity (Nexus Park and Brandon Park Shopping Centre)
- Excellent access to Monash Freeway/Eastlink and Ferntree Gully and Wellington Roads
- Surrounded by Amazon, Adidas, Mercedes

*approximate

Property History for 649-655 Springvale Rd, Mulgrave, VIC 3170

A timeline of how this property has performed in the market
Last Sold
$26,000,000
01 Feb 2019
  • 18 Apr 2023
    Listed for Rent - Price not available
  • 23 Jul 2020
    Listed for Rent - Price not available
  • 01 Jul 2019
    Listed for Rent - Price not available
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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 24 properties listed for sale, and 14 properties listed for rent in Mulgrave on OnTheHouse. According to Cotality's data, 390 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.