Mulgrave
VIC 3170
Mulgrave is an eastern Melbourne suburb in the City of Monash, about 21 kilometres from the Melbourne CBD. Springvale Road and Wellington Road provide the main commercial and employment setting, with the area also associated with Waverley Park and the Petersville Factory Administration Building. Metropolitan buses and SmartBus routes serve the suburb.
Mulgrave is an office and consulting market, with office suites and floors, warehouses and factories and medical or consulting suites supporting a broad suburban business area. Nearby commercial markets include Clayton, Wheelers Hill and Notting Hill.
58
Active lease listings
commercial properties
$90,000
Median annual rent
asking rent across all listings
258
Median days on market
across all active listings
Lease rate trend
$186/m² p.a.
Median advertised rate
Down 7.0%
Change over 12 months
Indicative only: advertised rates across all commercial listing types and sizes in Mulgrave. Drill down to individual listings in MarketBuddy
Listings by sector
27
Offices
active lease listings
20
Industrial, Warehouse and Factories
active lease listings
10
Medical / Consulting
active lease listings
1
Retail and Shops
active lease listing
Want to know more?
Explore commercial property insights for Mulgrave in MarketBuddy.
Last updated 5 September 2026