Mulgrave VIC 3170
Mulgrave is in Monash LGA, VIC, postcode 3170, with population 19,889.
Strong evidence
Mulgrave has enough direct local evidence for a first-pass decision.
Direct signals include Property prices, Market rent, Crime, and Schools. Missing or weaker areas are still shown so the page does not overstate precision.
Weekly rent screens at about 58% of annual income. LGA fallback rent. Compare against suburb-level records before treating this as a precise suburb signal.
Open matching rent ranking →940 latest-year approvals in Monash, +0.0% YoY; population +1.6% YoY (1.1% 5yr).
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QuickProperty mixes release files, Census baselines, and matched local services on this page. Read the status panel before treating every metric as equally fresh.
Manual release files parsed into suburb prices
Use current rent as a starting signal, not as a fixed underwriting truth.
Schools, transport, and hospitals are useful as presence signals, but they still have different source cadences.
Income-stretched rent market
Weekly rent screens at about 58% of annual income. Snapshot rent $650/wk.
LGA fallback rent. Compare against suburb-level records before treating this as a precise suburb signal.
Mulgrave has enough direct local evidence for a first-pass decision.
Direct signals include Property prices, Market rent, Crime, and Schools. Missing or weaker areas are still shown so the page does not overstate precision.
Use compare to test the suburb against another candidate, then validate financial assumptions in the calculator where available.
Property prices, Market rent, Crime, Schools
No fallback or lower-precision signals flagged.
No major visible gaps in the current status panel.
Mulgrave currently reads as a livability-led candidate.
Population scale is large enough to avoid reading this as a tiny locality only. School coverage gives the page a stronger family/livability signal. No major decision caution is visible from the current evidence layer.
Compare it against a contrasting suburb before turning it into a decision.
Population scale is large enough to avoid reading this as a tiny locality only. School coverage gives the page a stronger family/livability signal. Transport coverage adds a practical access signal.
No major caution is visible beyond the normal source checks.
No decisive evidence gap was detected from the current inputs.
Compare-ready
- Buyers want a quick sense of price, schools, and neighbourhood scale before getting lost in data.
- Investors want to know whether rent, yield, and affordability broadly support the suburb story.
- Researchers want one place that ties property, demographics, transport, and services together.
Price history
Full data detail
Mulgrave VIC
Mulgrave is a well-established suburb in Victoria within the Monash local government area (postcode 3170). With a population of 19,889, the suburb has an established demographic with a median age of 40. Households earn a median income of $99K per year, with an average household size of 2.8 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +1.6% year-on-year at the LGA level. VIC employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. VIC also had 45 Commonwealth-backed major projects under construction, 17 underway, and 27 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, clerical & administrative, managers. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are Chinese, Australian, English.
The median house price in Mulgrave is $1.0 million, having increased 4.4% over the past year. Units have a median price of $864,000 (+15.1% YoY). The current median weekly rent is $650. This gives a gross rental yield of approximately 3.3%. The median monthly mortgage repayment is $2,167.
Mulgrave is served by 5 schools, including 3 primary, 2 secondary. The average ICSEA score is 1048, which is around the national average of 1,000. Public transport access includes 110 bus stops. Healthcare facilities include 1 public and 1 private hospitals. The crime rate in the Monash LGA is moderate at 7,127 incidents per 100,000 population.
From an investment perspective, Mulgrave offers a gross rental yield of 3.3%, rated as moderate yield. Property prices are near the state median ($1.0M/$875K). The price-to-income ratio of 10.5x is considered stretched. House prices have moved +4.4% year-on-year. Population growth of +1.6% year-on-year indicates stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.
Mulgrave is a well-established suburb in Victoria within the Monash local government area (postcode 3170). With a population of 19,889, the suburb has an established demographic with a median age of 40. Households earn a median income of $99K per year, with an average household size of 2.8 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +1.6% year-on-year at the LGA level. VIC employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. VIC also had 45 Commonwealth-backed major projects under construction, 17 underway, and 27 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, clerical & administrative, managers. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are Chinese, Australian, English.
The median house price in Mulgrave is $1.0 million, having increased 4.4% over the past year. Units have a median price of $864,000 (+15.1% YoY). The current median weekly rent is $650. This gives a gross rental yield of approximately 3.3%. The median monthly mortgage repayment is $2,167.
Mulgrave is served by 5 schools, including 3 primary, 2 secondary. The average ICSEA score is 1048, which is around the national average of 1,000. Public transport access includes 110 bus stops. Healthcare facilities include 1 public and 1 private hospitals. The crime rate in the Monash LGA is moderate at 7,127 incidents per 100,000 population.
From an investment perspective, Mulgrave offers a gross rental yield of 3.3%, rated as moderate yield. Property prices are near the state median ($1.0M/$875K). The price-to-income ratio of 10.5x is considered stretched. House prices have moved +4.4% year-on-year. Population growth of +1.6% year-on-year indicates stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.
Mulgrave FAQ
Common questions-
What LGA is Mulgrave in?
Mulgrave is in the Monash Local Government Area, VIC, postcode 3170. Council-level context for Monash LGA (suburb mix, population, rent, and price coverage) is available on the QuickProperty LGA page.
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What is the median house price in Mulgrave?
The current median house price in Mulgrave, VIC is $1.0M, based on the latest available sales data from state Valuers General offices and ABS Data by Region.
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What is the typical weekly rent in Mulgrave?
The median weekly rent in Mulgrave is $650/wk, based on the current market rent dataset. The current rent signal is income-stretched rent market.
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What does the rent signal say about Mulgrave?
Income-stretched rent market: Weekly rent screens at about 58% of annual income. Use this as a suburb screening signal before comparing candidates or modelling a purchase; the matching rent ranking can provide broader market context.
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Is Mulgrave a good investment?
QuickProperty's investment signals for Mulgrave show: Moderate Yield, Near Median, Stretched. These are computed from price, rent, income, and population data — not an opaque score.
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Where does QuickProperty get its data for Mulgrave?
Property prices come from state Valuers General offices and ABS Data by Region. Demographics are from ABS Census 2021. School ICSEA scores are from ACARA. Crime statistics are from state police agencies. Transport data is sourced from GTFS feeds.
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How often is the Mulgrave data updated?
Property prices update quarterly. RBA macro indicators update with each deploy. Demographics are from Census 2021. School ICSEA scores are from ACARA 2025.