115 Albany Drive
Mulgrave, 3170 VIC
House on a 654 m² block with 20m frontage.
Property Snapshot
House3 Bed1 Bath1 Off Street654 m² Land182 m² Internal20m Frontage
Investment Highlights
What makes 115 Albany Drive compelling from a buying and value-add perspective.
Market Status
Off Market
Land Size
654 m²
Frontage
20m
Zoning
GRZ3
Residential - Medium Density
Why Buyers Look At This One
Renovate upside — modest 182 m² internal area creates a clear renovation, extension or reconfiguration opportunity.
Walkable transport position — approx. 409m to bus, 2.6km to train station and 434m to schools.
Neighbourhood quality — strong owner occupier setting with low-turnover character housing nearby.
Property Snapshot
Core facts, planning controls and ownership history.
Bedrooms
3
Bathrooms
1
Parking
1 off-street
Internal Area
182 m²
Ownership & Value
Last Sold$1.00M
Sold DateApr 2026
Land Value—
RPD151\LP66444
Planning & Site
Property TypeResidential
AccessSingle Access
Height Limit—
Max Storeys—
Wide FrontageResidential
Pricing & Valuation
Guide, estimate and broader pricing context.
Market Status
Off Market
3 Bed Median
$1.00M
Growth Since 2026
—
Price Estimate
—Low
$1.00M
—High
VeryHigh Confidence
—
Since last sold — $1,005,000 — April 2026
Suburb 3 bed house median price over time
Rental Market
Yield, rental pricing and local leasing landscape.
Median Rent
$650
3 Bed Yield
3.4%
Vacancy
2.8%
Rentals Last 12M
34
Suburb 3 bed house median rent over time
Planning & Risk Overlays
Important due diligence considerations for this property.
Flood Overlay Detected
No flooding known in this area
Other Overlays
Bushfire: No bushfire known in this area. Heritage: No heritage known in this area. Biodiversity: No biodiversity known in this area.
Location & Connectivity
Access to transport, schools and local amenity around 115 Albany Drive.
Train Station
2.6km
Bus Stop
409m
Schools
434m
Road Type
tertiary
Transport: Easy access to nearby train station and frequent bus routes.
Lifestyle: Walking distance to local shops, parks and nearby dining precincts.
Positioning: Quiet residential street with strong owner occupier presence and limited turnover.
Neighbourhood Profile
Proximity to amenities and local context impacting livability.
Social Housing
1.4%Train Station
2.6kmBus Stop
409mCentre Zone
446mRoad Type
tertiary (Medium Noise)School Catchment
434mMulgrave Snapshot
Broader suburb metrics that support the local story.
Population
19,889
Owner Occupiers
75%
Social Housing
1.4%
Crime Index
—
Not available
High Owner Occupier AppealLow Stock on Market
Explore Mulgrave in more detail
Deep dive into growth, demand, demographics and comparable sales.
View Suburb Profile
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