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3 Caesar Street, Mulgrave$1.05m
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For Salehouse

3 Caesar Street

Mulgrave, VIC 3170, Australia
$1m – $1.10m
3 bed 1 bath 2 car645 m²

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About this property

Positioned in a highly sought-after pocket of Mulgrave, this exceptional corner block presents an outstanding opportunity for investors, developers, and future-focused buyers alike. Whether you're looking to develop immediately, invest for the future, or landbank in a tightly held location, the possibilities on offer are both exciting and rewarding. The existing residence comprises three well-proportioned bedrooms and one bathroom and is currently tenanted, providing an immediate rental income stream while you finalise your future plans. The corner block position further enhances the property's appeal, offering flexibility and excellent accessibility for future development opportunities. Adding significant value, the property comes with approved plans and permits for two substantial family-sized residences: - Unit 1: Approx. 29 squares - 4 bedrooms, 2 bathrooms, double garage - Unit 2: Approx. 31 squares - 4 bedrooms, 2 bathrooms, secure double garage Located within easy reach of quality schools, local shopping centres, parklands, public transport, and major arterial roads, this address delivers the convenience and lifestyle that continue to make Mulgrave a highly desirable suburb. Combining an established tenancy, approved plans and permits, and a premium corner allotment, this is a rare opportunity to secure a property with immediate income and significant development upside in one of Melbourne's most sought-after growth corridors.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
3
Bathrooms
1
Parking
2
Land Area
645 m²
Listed
2 weeks ago

Repayment calculator

$5,090/month
$2,545 /fortnight
Loan $840,000 at 6.10% over 30 years

Upfront costs

Deposit$210,000
Stamp duty$57,750
Conveyancing (est.)$2,000
Total upfront$269,750
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 16% above the $903,000 median of 56 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)528 m away
  • Milk Bar694 m away
  • Unnamed1.1 km away
  • Unnamed1.1 km away
  • Unnamed1.3 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

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Full Mulgrave market

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Price history

Price history

Listing price changes

1 price change recorded for this property

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