Mulgrave Property Growth
VIC · 3170 · Monash Employment Corridor
A middle-ring suburb in Melbourne's south-east, home to the Wellington Road employment precinct and a mix of established housing.
Overview
Location: City of Monash
A middle-ring suburb in Melbourne's south-east, home to the Wellington Road employment precinct and a mix of established housing.
Market Snapshot
Median House Price
$1.01m
Avg Days on Market
28 days
Demographics
Estimated Population
19,374
Owner Occupier Rate
78.0%
Renter Rate
22.0%
Transport & Connectivity
Mulgrave has no train station; Glen Waverley, Springvale, Noble Park and Sandown Park stations are all nearby, and the suburb is defined by its freeway access — the Monash Freeway (M1) bisects it and EastLink (M3) runs along its eastern edge.
Major Roads
- Monash Freeway
- EastLink
- Springvale Road
- Wellington Road
- Police Road
Mulgrave is approximately 21km south-east of the Melbourne CBD, within the City of Monash, between Glen Waverley/Wheelers Hill and Dandenong Creek. Verify current timetables and traffic conditions before relying on any commute estimate.
Education
Mulgrave has government and Catholic schooling within the suburb.
Secondary Schools
- Mazenod College (Catholic boys' school, established 1968)
Childcare
A range of long day care, kindergarten and outside school hours care providers operate across Mulgrave. Always verify availability and waitlists directly with providers.
Amenities & Lifestyle
Waverley Gardens Shopping Centre (opened 1977, around 110 stores) sits at the suburb's south-east corner, with Brandon Park Shopping Centre (1970) at the north-west — both positioned off the Monash Freeway. Chadstone, The Glen and the Springvale homemaker precinct (including IKEA) are all a short drive. Large sporting reserves and small neighbourhood parks thread through the residential areas.
Employment
Major Employment Hubs: Office parks, warehousing and food manufacturing line Mulgrave's major roads, and the Monash employment precinct (university, hospital, technology) is minutes away. Commercial Centres: Waverley Gardens Shopping Centre, Brandon Park Shopping Centre
Major Employment Hubs
- Office parks
- warehousing and food manufacturing line Mulgrave's major roads
- and the Monash employment precinct (university, hospital, technology) is minutes away.
Commercial Centres
- Waverley Gardens Shopping Centre
- Brandon Park Shopping Centre
Infrastructure
No major infrastructure projects are currently confirmed for Mulgrave. Check Infrastructure Australia's project pipeline, State Government announcements or City of Monash's website for the latest updates on works that may affect the area.
Growth Drivers
- Freeway-defined connectivity — the Monash Freeway (M1) bisects the suburb and EastLink (M3) runs along its eastern edge, giving Mulgrave exceptional road access despite lacking its own train station.
- Proximity to the Monash employment precinct — the university, hospital and technology precinct is minutes away, supporting strong employment access.
- Two established shopping centres — Waverley Gardens (opened 1977, around 110 stores) and Brandon Park (1970) anchor the suburb's retail offering, with Chadstone, The Glen and the Springvale homemaker precinct a short drive away.
- Significant local industry — office parks, warehousing and food manufacturing line Mulgrave's major roads, supporting local employment.
Key Risks
- No train station of its own — Mulgrave relies on nearby Glen Waverley, Springvale, Noble Park and Sandown Park stations.
- Interest rate and lending sensitivity — like all property markets, local prices and buyer activity can be affected by changes in interest rates and lending conditions.
- Freeway noise and traffic exposure — proximity to the Monash Freeway and EastLink may affect amenity for some residential pockets.
Frequently Asked Questions
Mulgrave offers strong freeway connectivity, proximity to the Monash employment precinct and established retail centres, but every investor's circumstances and goals differ. This is general information, not personalised financial advice — consider speaking with a licensed financial adviser before making investment decisions.
Refer to the Market Snapshot section on this page for current median price data sourced from our live database.
Mulgrave has government and Catholic schooling within the suburb, including Mazenod College (established 1968).
Mulgrave has no train station; Glen Waverley, Springvale, Noble Park and Sandown Park stations are all nearby. Verify current timetables and travel times before relying on any commute estimate.
Waverley Gardens and Brandon Park shopping centres serve the suburb, with Chadstone, The Glen and the Springvale homemaker precinct a short drive away.
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Calculate Future ValueSources
- ABSAustralian Bureau of Statistics — Census QuickStats— https://www.abs.gov.au/census
- Local CouncilCity of Monash— https://www.monash.vic.gov.au
- Department of Transport VictoriaDepartment of Transport and Planning Victoria— https://www.transport.vic.gov.au
- Victorian Planning AuthorityVictorian Planning Authority— https://vpa.vic.gov.au/
- Infrastructure AustraliaProject Pipeline— https://www.infrastructureaustralia.gov.au
This content is for informational and educational purposes only. It does not constitute financial advice. Nothing on this page constitutes financial, investment, legal or tax advice. Property markets are volatile and past performance is not indicative of future results. Always seek independent advice from a qualified financial adviser before making any property investment decision.