FairSquare analyses every Australian suburb for property investors — score, yield, risk and a full investment verdict.
FairSquare's model rates Mulgrave, Victoria 6.7 out of 10 (Workhorse Investment) as of May 2026.
Mulgrave presents a workhorse investment opportunity, driven by its strategic location 20 kilometres from the CBD and strong tenant demand from professionals working in nearby employment hubs such as the Monash Technology Precinct. A critically low vacancy rate of 1.2 per cent, coupled with limited supply, underpins consistent rental income and supports a steady 6.5 per cent per annum median price growth.
The median price is derived, not estimated. Every number on this page traces back to the model's proprietary yield surface — calibrated for each part of the country and resolved against distance from CBD. The price falls out of the formula.
Inputs for this suburb sit at the top of our calibration tier. The model is not guessing.
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Unlock 9 signals — A$25 →FairSquare's model rates Mulgrave, Victoria 6.7 out of 10 (Workhorse Investment) as of May 2026. Mulgrave presents a workhorse investment opportunity, driven by its strategic location 20 kilometres from the CBD and strong tenant demand from professionals working in nearby employment hubs such as the Monash Technology Precinct. A critically low vacancy rate of 1.2 per cent, coupled with limited supply, underpins consistent rental income and supports a steady 6.5 per cent per annum median price growth.
The median house price in Mulgrave, VIC is $1.14M. Weekly rent of $721 against a 3.3% gross yield underpins this figure.
Mulgrave has a gross rental yield of 3.3%, with a median weekly rent of $721. 12-month price growth is tracking at +6.5%.
Based on its market signals, Mulgrave aligns with: Income Hold.