Back 1 Shaftsbury Drive
Off Market

1 Shaftsbury Drive

Mulgrave VIC 3170

3
1
654 m²
House
Last sold for $905,000
Robert SpanoRobert Spano, last sold this property on 24 June 2026 after 70 days on market.

Overview

Land, Location & Limitless Potential on 654sqm

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.

Features

3 bedrooms
1 bathroom
654 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Mulgrave over the last 12 months, the estimated median property value of 1 Shaftsbury Drive is $1.05m.

Median value
$1.05m
Estimated value range
$760k - $1.49m
Median days on market
27
Estimated value trend
5%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Mulgrave. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1 Shaftsbury Drive

2026
Sold
$905,000
24 Jun 2026 by Robert Spano, of VICPROP FERNTREE GULLY

Happy sellers in Mulgrave

77%
77% of sellers in Mulgrave reported that their sale price either exceeded or met their price expectations.

Mulgrave stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 71 reviews in Mulgrave over the last 12 months.

Local market activity for 3 bedroom houses in Mulgrave

In the last 12 months, 96 three-bedroom houses similar to 1 Shaftsbury Drive, have been sold.

This represents a 23% increase in three-bedroom houses sales when compared to the previous 12 months.

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