FOR SALE
AUCTION

1-2/24 Balmoral Avenue
Springvale VIC 3171

Bedrooms: 5
Bathrooms: 2
Car spaces: 3
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Auction Time
Sat 7 Dec 1:00 pm
Inspection Times
No upcoming inspections scheduled.
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Location Location Location

Commercial One Zone C1Z
In the heart of Springvale, this property is 5 minutes' walk to Springvale Central and Springvale Railway Station. This exceptional location allows residents easy access to shops, restaurants and many other benefits associated with the Springvale CBD.
On offer are two separately titled free-standing units. These older style brick veneer structures offer solid foundations for potential future improvements (STCA) and are within the Commercial 1 Zone adding to future potential usage and value. A common driveway provides some space to park cars outside the two units.
Positioned in a prime location, this home is just moments away from local schools, shopping centre's, parks, and public transport, making daily errands and commuting a breeze. Whether you're looking to invest or live in one of Springvale's most sought-after areas, this property could be for you. Don't miss out on this rare opportunity to secure a piece of prime real estate in a thriving community. Schedule a viewing today and envision your family's future in this remarkable home.
In general
Unit 1 (2 2 1) Features 2 good sized bedrooms, lounge, kitchen, family bathroom, separate toilet and single garage with access to the rear yard.
Unit 2 (3 1 -) Features 3 good sized bedrooms, lounge, kitchen, family bathroom, and separate toilet with a secure outdoor storage area
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Property Details for 1-2/24 Balmoral Ave, Springvale

1-2/24 Balmoral Ave, Springvale is a 5 bedroom, 2 bathroom Apartment with 3 parking spaces. The place is currently for sale with CENTURY 21 Theresa Huynh.

Building Type
Apartment

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About Springvale 3171

The size of Springvale is approximately 11 square kilometres. It has 14 parks covering nearly 3.8% of total area. The population of Springvale in 2011 was 19,770 people. By 2016 the population was 21,697 showing a population growth of 9.7% in the area during that time. The predominant age group in Springvale is 20-29 years. Households in Springvale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Springvale work in a labourer occupation. In 2011, 57.4% of the homes in Springvale were owner-occupied compared with 56.2% in 2016.

Springvale has 11,126 properties. Over the last 5 years, Houses in Springvale have seen a 17.89% increase in median value, while Units have seen a 19.80% increase. As at 31 October 2024:

  • The median value for Houses in Springvale is $881,830 while the median value for Units is $591,654.
  • Houses have a median rent of $550 while Units have a median rent of $500.
There are currently 88 properties listed for sale, and 24 properties listed for rent in Springvale on OnTheHouse. According to CoreLogic's data, 347 properties were sold in the past 12 months in Springvale.

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Theresa Huynh
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Bon Ta
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CENTURY 21 Theresa Huynh
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