FOR SALE
$1,950,000 - $2,145,000

18 Royal Avenue
Springvale VIC 3171

Bedrooms: 4
Bathrooms: 2
Car spaces: 3
Land area: 975m2
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PRIZED LOCATION AND MASSIVE POTENTIAL!

Right in the heart of Springvale, this grand real estate opportunity will appeal to developers, business owners & investors.
Zoned in Residential Growth Zone (high density zoning) & desirably located with everything at your doorstep, it’s the most ideal property to run your own clinic, build town houses or apartments (STCA) and the like.
Surrounded by vibrant shopping, business precinct, train station and all amenities, it’s too good of a chance to pass up. You won’t encounter a property of this stature very often. Make sure you get in on it now!
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Property Details for 18 Royal Ave, Springvale

18 Royal Ave, Springvale is a 4 bedroom, 2 bathroom House with 3 parking spaces. The property has a land size of 975m2. The place is currently for sale with iSell Group.

Building Type
House
Land Size
975m2

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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 11,123 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 91 properties listed for sale, and 31 properties listed for rent in Springvale on OnTheHouse. According to CoreLogic's data, 345 properties were sold in the past 12 months in Springvale.

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Suburb Insights for Springvale 3171

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Ricky Nguyen
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Harry Li
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iSell Group
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