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1 Shaftsbury Drive

Mulgrave, VIC 3170, Australia
$850,000
3 bed 1 bath654m²

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Area Price Guide
$799,000$901,000

Indicative price guide range

🏘️
78
Comparable
📊
$950,000
Area median
⚖️
-11%
vs median
📐
$1,300
Per m²
📏
654 m²
Land
🗓️
Today
Listed

Approximate location shown. Contact agent for exact address.

Property Insights

Schools · zoning · transport · traffic · flood · bushfire · crime · development · heritage

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Heritage

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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 Features

    View full listing on Domain

    See all photos, agent details & contact options on the original source.

    Repayment calculator

    $4,121/month
    $2,060 /fortnight
    Loan $680,000 at 6.10% over 30 years

    Upfront costs

    Deposit$170,000
    Stamp duty$46,070
    Conveyancing (est.)$2,000
    Total upfront$218,070
    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.

    Property Details

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

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