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1 Shaftsbury Drive, Mulgrave$905,000
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1 Shaftsbury Drive

Mulgrave, VIC 3170, Australia
$905,000
3 bed 1 bath654 m²

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About this property

Tucked into a quiet, well-established pocket of Mulgrave, 1 Shaftsbury Drive presents an exciting opportunity for those ready to create something truly their own. Set on a generous allotment and surrounded by quality homes, this is the kind of property where imagination and vision can take centre stage. For buyers dreaming of designing a brand-new home from the ground up, the potential here is undeniable. A knockdown and rebuild opens the door to crafting a modern residence tailored entirely to your lifestyle - think expansive open-plan living, indoor-outdoor entertaining, and the contemporary comforts today's families desire (STCA). With the space and positioning to support a fresh new build. Alternatively this property offers the perfect canvas to redevelop into multiple dwellings (STCA) and bring any of your plans to life. Beyond the block itself, the lifestyle on offer is equally appealing. Enjoy the convenience of nearby shopping and dining at Waverley Gardens Shopping Centre, a range of quality local schools, parklands and easy connectivity via the Monash Freeway, placing the wider Melbourne area comfortably within reach. Opportunities like this are becoming increasingly rare in such a tightly held suburb. Secure the land, unlock the potential, and build the home you've always envisioned in a location that continues to grow in popularity.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
3
Bathrooms
1
Land Area
654 m²
Listed
1 month ago

Repayment calculator

$4,387/month
$2,194 /fortnight
Loan $724,000 at 6.10% over 30 years

Upfront costs

Deposit$181,000
Stamp duty$49,370
Conveyancing (est.)$2,000
Total upfront$232,370
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Mulgrave

This 3-bedroom house in Mulgrave, VIC 3170 sits within reach of public transport, local shops and nearby schools. It is listed 0% above the $903,000 median of 53 comparable houseswithin 5 km.

Schools near Mulgrave

  • Albany Rise Primary Schoolprimary · Prep-6 · CoEd
  • Mulgrave Primary Schoolprimary · Prep-6 · CoEd
  • St John Vianney's Schoolprimary · Prep-6 · CoEd
  • Mazenod Collegesecondary · 7-12 · Boys
  • Wellington Secondary Collegesecondary · 7-12 · CoEd

What's nearby

  • Unnamed (bus)1.3 km away
  • Unnamed342 m away
  • Unnamed1.6 km away
  • Unnamed1.6 km away
  • Unnamed1.8 km away

Mulgrave at a glance

Full suburb profile
Population
19,889
Median age
40
Household income
$1,913/wk
Median rent
$430/wk
Median mortgage
$2,167/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Mulgrave price trend

Median sold · House 3 bed

Compound growth +1.4% / yr over 4 yrs

$1.01mcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

Full Mulgrave market

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Price history

Price history

Listing price changes & sale

2 price changes recorded for this property

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