Mulgrave, located about 21 km southeast of Melbourne’s Central Business District, falls in Monash. It’s a suburb known for its mix of residential, commercial, and industrial areas, offering a diverse living experience.
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Demographic Profile
- Population: Mulgrave had a population of 19,889 at the 2021 census. Mulgrave has a diverse population with a significant representation of families and working professionals.
- Predominant Age Group: The suburb is popular among a wide range of age groups, with a notable presence of families.
- Median Household Income: Typically aligns with the average for Melbourne’s southeastern suburbs.
- Occupancy: Predominantly owner-occupied houses, with a portion of rental properties.
Real Estate and Growth
- Median House Prices: The median house price in Mulgrave is around AUD 850,000, reflecting the suburb’s growing appeal.
- Median Unit Prices: Units and townhouses have a median price of approximately AUD 600,000.
- Rental Market: The median house rent is about AUD 450 per week, while for units, it’s around AUD 380 per week.
- Market Trends: Mulgrave has experienced steady growth in property values, making it a desirable suburb for many homeowners and investors.
Education and Lifestyle
- Schools: Mulgrave is served by several schools, including Mulgrave Primary School, Wellington Secondary College, and nearby private and public schools.
- Local Vibe: The suburb has a strong community feel with local shopping centres, parks, and community facilities.
- Community Insights: Residents appreciate the suburb’s quiet neighbourhoods, green spaces, and convenient location.
Transportation
- Public Transport: Mulgrave is well-connected by bus services, providing access to neighbouring suburbs and links to train stations.
- Road Access: Easy access to major roads like the Monash Freeway, making commuting to the city and other areas straightforward.
Notable Features
- Proximity to Major Shopping Centers: Close to Waverley Gardens Shopping Centre and a short drive from The Glen Shopping Centre.
- Industrial and Commercial Areas: Parts of Mulgrave include industrial and commercial zones, offering local employment opportunities and services.
- Recreational Areas: The suburb boasts several parks and reserves, such as the Mulgrave Reserve, offering spaces for sports and outdoor activities.
Mulgrave offers a blend of residential comfort and urban convenience. Its steady growth in the real estate market, combined with a strong sense of community and accessibility, makes it a compelling choice for families and professionals seeking a suburban lifestyle within easy reach of Melbourne’s CBD.
