41 Police Road Mulgrave VIC 3170

Corner duplex, 474sqm block | Driveway off quiet Dunoon Street | Opposite playground, near schools | First-home or investor floorplan This property’s primary buying case rests on its corner configuration and dual-street access, which are uncommon for a duplex in this price band. The 474sqm lot offers more land than typical townhouses in Mulgrave, and the position opposite a playground adds a practical family amenity that supports long-term appeal. For a first-home buyer or investor seeking a detached house with low site coverage, this property provides a stronger negotiating position than comparable strata-titled units. The floorplan’s three bedrooms and two bathrooms align with current demand from young families, and the absence of body corporate fees improves holding cost efficiency. The main risk is the single car space, which may limit appeal to households with two vehicles or future tenants seeking off-street parking. The 2003 sale date suggests limited recent transaction evidence, so buyers should verify structural condition and any unapproved works. On opportunity, the corner lot may allow future subdivision or a rear dwelling, subject to council zoning—this optionality adds strategic value beyond the current use. Hold as a long-term family home or rent for steady yield, given the suburb’s 3.1% rental return and consistent 5.7% annual growth.