FOR SALE
Inspections by Arrangement.

17 Union Grove
Springvale VIC 3171

Bedrooms: 8
Bathrooms: 4
Car spaces: 2
Land area: 838m2
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3 Dwellings under 1 tittle - Big block of land - 838m2 approx.

This promising property is situated in a popular street, close to the absolute best that Springvale has to offer. Moments to shops, restaurants, banks, transport, and parks, this location is also within easy reach of the new Springvale Library, Springvale Rise Primary School, Springvale Station, and the many attractions of Springvale Shopping Centre. This huge block of land also offers a unique opportunity for the astute investor or developer.
Currently leased with high return of $4685 per month this is an opportunity not to be overlooked.
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Property Details for 17 Union Gr, Springvale

17 Union Gr, Springvale is a 8 bedroom, 4 bathroom House with 2 parking spaces. The property has a land size of 838m2. The place is currently for sale with CENTURY 21 Theresa Huynh.

Building Type
House
Land Size
838m2

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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 11,125 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 93 properties listed for sale, and 28 properties listed for rent in Springvale on OnTheHouse. According to CoreLogic's data, 348 properties were sold in the past 12 months in Springvale.

Suburb Insights for Springvale 3171

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Theresa Huynh
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CENTURY 21 Theresa Huynh
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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.