Mulgrave, VIC 3170
City of MonashAll suburbs in postcode 3170
Updated
Median house price
$1,098,500
Median · Land Victoria · the latest published quarter (updated May 2026)
Selling in Mulgrave?
Get the free selling guide, personalised to Mulgrave, or ask for a free appraisal from a local agent.
Mulgrave at a glance
- Median unit
- $690,000
- Weekly rent
- $640
- Houses · units $640
Prices: Median · Land Victoria · the latest published quarter (updated May 2026) · Rent: Victorian rental report, September 2025
House prices in Mulgrave
Houses change hands at $1,098,500 on a typical sale, above the Victoria median. Units come in around $690,000, roughly 37% below the house median.
For buyers
A 20% deposit on the median house works out to roughly $220,000. Prices sit above the Victoria median, so plan for a stretched deposit and shop carefully on borrowing capacity.
Rental data as of September 2025· Victorian rental report
Free appraisal in Mulgrave
What’s your home worth in Mulgrave?
Ask us to introduce one participating agent who sells in your area for an appraisal backed by recent comparable sales. Only with your permission, and no commitment to list.
What to know about Mulgrave
Mulgrave (3170) sits in the Monash region of Victoria. The median house here is $1,098,500, above the Victoria median of around $850K.
Daily life is car-dependent: most residents drive to work, school and the shops.
What it’s like to live here
Mulgrave scores 14/100 on walkability, which makes it car-dependent with limited public transport. Plan for two cars in a typical household, especially if work isn't local.
Summer days here average around 26°C (mild), winter mornings around 6°C (cool). Annual rainfall lands at about 795 mm. Figures are our 1991 to 2020 averages of SILO data for this location (Queensland Government, built from Bureau of Meteorology observations).
Schooling within or near the suburb covers 9 government primary, 2 government secondary, 6 Catholic, 1 independent.
Schools in Mulgrave
Location
Walkability
- Walk
- 14/100
- Transit
- 0/100
- Bike
- 100/100
Very car dependent. Scores out of 100, calculated from OpenStreetMap data (ODbL).
Walkability data as of May 2026· OpenStreetMap
Demographics
Investment overview
Gross rental yield on houses sits at 3.03% (median rent $640/wk against a $1,098,500 price tag). Units yield 4.82% gross, often the better cash-flow play for first-time investors.
- Gross yield, housesSource: Land Victoria / DTP · May 2026
- 3.03%
- On the $1,098,500 median
- Gross yield, unitsSource: Land Victoria / DTP · May 2026
- 4.82%
- On the $690,000 median
Gross rental yield is a year’s rent divided by the purchase price, before expenses. It leaves out vacancy, management fees, maintenance and financing costs, so treat it as a starting point.
Crime and safety
1,265 offences recorded in 2026
Top offence categories
Source: State Police Open Data
Crime data as of December 2026
Weather year-round
- Annual rainfall
- 795 mm
- Hottest month, avg max
- 26.4°C
- Coldest month, avg min
- 6.3°C
Rainfall by month
Our 1991 to 2020 averages of SILO data (Queensland Government, built from Bureau of Meteorology observations, CC BY 4.0) for this location.
Climate data as of October 2026· SILO (Queensland Government), from Bureau of Meteorology observations
Questions about Mulgrave
- What is the median house price in Mulgrave?
- The median house price in Mulgrave, VIC 3170 is $1,098,500 (Land Victoria's quarterly suburb median, the latest published quarter (updated May 2026)). The median unit price is $690,000.
- How much is my house worth in Mulgrave?
- A useful starting point is the Mulgrave median house price of $1,098,500 (units $690,000). Your home will sit above or below that depending on land size, condition, position and what comparable homes nearby have sold for recently. For a figure specific to your property, request a free property appraisal from a local agent using the form on this page.
- Is Mulgrave a good investment?
- On the published figures, the gross rental yield on houses in Mulgrave is 3.0%: the median weekly house rent is $640 (Victorian rental report, September 2025) against the median house price of $1,098,500 (Land Victoria, the latest published quarter, updated May 2026). No 12-month price change is published for Mulgrave: the Land Victoria figures we hold do not measure one. Whether Mulgrave is a good investment for you depends on the price you pay, your loan and holding costs, vacancy and your tax position. These are published market figures, not financial advice.
- What is the Mulgrave postcode?
- Mulgrave is in the 3170 postcode, in VIC, in the City of Monash region.
- Where is Mulgrave?
- Mulgrave is a suburb in the City of Monash area, VIC 3170.
- What is the average rent in Mulgrave?
- The median weekly rent for houses is $640, for units it's $640.
- What schools are in Mulgrave?
- There are 20 schools serving Mulgrave on this page, including Albany Rise Primary School, Wellington Secondary College, Brandon Park Primary School.
- How walkable is Mulgrave?
- Mulgrave has a Walk Score of 14 out of 100, highly car-dependent. transit score 0, bike score 100.
- What suburbs are near Mulgrave?
- Mulgrave is close to Sandown Village, Brandon Park, Waverley Gardens, Wheelers Hill, Springvale.
Selling in Mulgrave? Get the free selling guide
What selling costs, how agents price homes, what to ask them and a 12-week plan to settlement, personalised to Mulgrave. A free PDF, in about a minute.
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Sources. House and unit medians from the NSW Valuer General, Land Victoria, the SA Government and the ABS; rents from the state rental bond authorities. Census from the ABS (2021), climate from the Bureau of Meteorology, hazard from Geoscience Australia, schools from ACARA and crime from state police open data. Each figure carries its source and date. How we source data
How we’re paid. The guides and this page are free. When a seller asks, we introduce one local agent, and the agent pays us a flat fee for the introduction, never a share of their commission; it costs the seller nothing. If a figure looks wrong, tell us and we’ll fix it.