FOR SALE
$950,000 - $1,045,000

15 Virginia Street
Springvale VIC 3171

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 696m2
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Auction Time
Sat 10 Aug 11:00 am
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Prime Development Block in Springvale Central

The ever-growing market in Springvale offers another tremendous chance for the prudent buyer to secure a quality investment in the most desirable pocket of Springvale. Literally only a few minutes walking distance to Springvale train station, central shopping and local schools, this rectangular block measuring at 696sqm (approx) offers huge potential in building and further development into multiple dwellings (STCA), or even a dream mansion for generational family living.
Live in or continue to lease out the existing weatherboard home, currently tenanted at $1,499 pcm ($17,988 per year).
In a high demand precinct that has seen massive growth in value over recent years, get in now before it rises even further. Make this your wealth creator or retirement plan, as it's an investment you just can't look past.
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Property Details for 15 Virginia St, Springvale

15 Virginia St, Springvale is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 696m2. The place is currently for sale with iSell Group.

Building Type
House
Land Size
696m2

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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 11,096 properties.

    There are currently 88 properties listed for sale, and 27 properties listed for rent in Springvale on OnTheHouse. According to CoreLogic's data, 321 properties were sold in the past 12 months in Springvale.

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    Harry Li
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    Johnny Nguyen
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    iSell Group
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