Back 115 Albany Drive
Off Market

115 Albany Drive

Mulgrave VIC 3170

3
1
1
654 m²
House
Last sold for $1,005,000
Audwin WibrataAudwin Wibrata, last sold this property on 26 April 2026 after 31 days on market.

Overview

WIDE FRONTAGE ENDLESS POTENTIAL

Positioned within one of Mulgrave’s most sought-after pockets, this exceptional land offering presents a premium opportunity on a flat, rectangular 654sqm (approx.) allotment with an impressive 20m (approx.) wide frontage. Delivering outstanding versatility, the property is ideally suited to a range of future possibilities — whether you choose to retain and renovate, pursue a side-by-side townhouse development, or knock down and rebuild your dream home (STCA). Opportunities of this calibre, combining land size, shape and frontage, are increasingly rare. Currently leased to a long-term tenant, the property provides immediate holding income while plans and permits are explored. The existing residence comprises three generously sized bedrooms, serviced by a central bathroom, along with an updated kitchen featuring gas cooking. A meals area and adjoining living space offer comfortable day-to-day living, with direct access to the backyard. Additional features include ducted heating throughout and a single carport. Conveniently located within walking distance to Albany Rise Primary School and Wellington Secondary College, with a bus stop at your doorstep, the home is also just a short drive to Waverley Gardens Shopping Centre. Easy access to the Monash Freeway and EastLink further enhances connectivity, completing a superb lifestyle and investment opportunity.

Features

3 bedrooms
1 bathroom
1 carspace
1 garage space
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 115 Albany Drive is $1.08m.

Median value
$1.08m
Estimated value range
$785k - $1.45m
Median days on market
26
Estimated value trend
7%
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 115 Albany Drive

2026
Sold
$1,005,000
26 Apr 2026 by Audwin Wibrata, of WIN Real Estate (AUS)

Happy sellers in Mulgrave

80%
80% 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 104 reviews in Mulgrave over the last 12 months.

Local market activity for 3 bedroom houses in Mulgrave

In the last 12 months, 100 three-bedroom houses similar to 115 Albany Drive, have been sold.

This represents a 25% increase in three-bedroom houses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Mulgrave

or
Skip the list and find your ideal agent to sell your propertyFind My Agent
© 2026 RateMyAgent