FOR SALE
$899,000 to $949,000

226 Springvale Road
Nunawading VIC 3131

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 825m2
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SUPERB DEVELOPMENT OPPORTUNITY S.T.C.A - 825M2 IN THE HEART OF IT ALL

Seize the chance to secure a versatile property in the heart of Nunawading! Situated on a generous 825m² rectangular block, this site offers limitless potential for developers, investors, and those with a vision. With no trees or major obstructions, it's a blank canvas ready for your next project.
The existing home on the property is ripe for redevelopment, but for those with trade skills or renovation expertise, there's the possibility to bring it back to its former glory. Whether you choose to transform or start fresh, the options are endless.
Location is Key:
Perfectly positioned for convenience, the property is just a short walk to Nunawading Train Station, offering seamless access to the CBD and surrounding suburbs. Nearby shopping hubs such as Forest Hill Chase Shopping Centre and Brentford Square provide a wide array of retail, dining, and entertainment options.
Family-Friendly Living:
Families will love the proximity to local schools, including Mount Pleasant Road Primary School and Nunawading Christian College, offering quality education options for children of all ages.
The Opportunity:
With 825m² of land and a prime location, this is an exceptional opportunity to build a multi-unit development (STCA), your dream home, or restore the existing property. The possibilities are as expansive as the land itself!
Don't miss out – This property will be sold!!
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Property Details for 226 Springvale Rd, Nunawading

226 Springvale Rd, Nunawading is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 825m2. The place is currently for sale with Stockdale & Leggo Central.

Building Type
House
Land Size
825m2

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About Nunawading 3131

The size of Nunawading is approximately 5.1 square kilometres. It has 23 parks covering nearly 4.1% of total area. The population of Nunawading in 2011 was 10,945 people. By 2016 the population was 11,863 showing a population growth of 8.4% in the area during that time. The predominant age group in Nunawading is 30-39 years. Households in Nunawading are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Nunawading work in a professional occupation. In 2011, 70.1% of the homes in Nunawading were owner-occupied compared with 68.1% in 2016.

Nunawading has 6,955 properties. Over the last 5 years, Houses in Nunawading have seen a 8.55% increase in median value, while Units have seen a 6.29% increase. As at 30 November 2024:

  • The median value for Houses in Nunawading is $1,127,087 while the median value for Units is $698,690.
  • Houses have a median rent of $610 while Units have a median rent of $500.
There are currently 13 properties listed for sale, and 7 properties listed for rent in Nunawading on OnTheHouse. According to CoreLogic's data, 225 properties were sold in the past 12 months in Nunawading.

Suburb Insights for Nunawading 3131

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Contact agent
Keith Sloan
Show contact details
Bec Hill
Stockdale & Leggo Central
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.