Edward was the owner of the manor of Shipley in Derbyshire, having succeeded his father and namesake to his estate in 1822.
On 11 July 1839 Mundy, John Bourke and Joseph Hawdon set out from Melbourne for Adelaide, Mundy and Bourke on a light tandem and Hawdon on horseback, following the route taken by Charles Bonney via Portland Bay and the Glenelg River.
[3] He joined with Edward Bate Scott and Edward John Eyre, who had a scheme to purchase and transport livestock from Adelaide to the Swan River Colony (now Perth), aboard chartered ships as far as King George's Sound (then the only deepwater harbor in Western Australia) and then drive them overland to Perth.
They achieved good prices in Perth, and would have made a tidy profit except many sheep and cattle died on the track in Western Australia, ascribed to their eating poisonous plants.
for the constituency of South Derbyshire had died childless on 29 January 1849 and Alfred resigned on succeeding to the family estate, which included lucrative coal mines.
They had three children: Sir Robert Miller Mundy KCMG (1813 – 22 March 1892), Lieutenant-Governor of Grenada, was his half-brother.