FOR SALE
$680,000 - $748,000

40 Parsons Avenue
Springvale VIC 3171

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
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Auction Time
Sat 16 Nov 12:00 pm
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A Comfortable & Convenient Family Home with Options to Improve

Offering contemporary liveability with a low-maintenance emphasis, this three-bedroom home caters to the demands of growing families with its multi-setting zoning, spacious outdoor entertaining, and excellent location between Springvale Rise Primary School & Minaret College.
A formal lounge links with a meals area & kitchen before transitioning into a sunroom/alfresco entertaining area. Wrapped in glass, this unique feature will be a wonderful place to relax during the colder months, while offering direct-access to a large backyard ideal for backyard sports and entertaining as the weather warms up.
A well-appointed kitchen with storage and contemporary appliances is functionally-equipped to tackle any culinary demand. Along with three bedrooms and two bathrooms, the property features split-system cooling, ducted heating, a retired open-fireplace, and symmetrical double-frontage.
A fantastic lifestyle offering, design-minded renovators can extend and improve the current property, which sits on 419 sqm (approx). Alternatively, builders can develop the site for a brand-new luxury home (STCA).
Around the corner from Springvale and Warner reserves, this family-friendly location is only down the road from Springvale station and the cultural commons of Springvale Road shopping district. Sports fields and recreation centres are right nearby, as are M-City, Monash Medical, and Monash University Clayton.
● 419 sqm (approx) allotment
● Multi-setting entertaining
● Large backyard & sunroom
● Functional, low-maintenance design
● Renovate or redevelop (STCA)
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Property Details for 40 Parsons Ave, Springvale

40 Parsons Ave, Springvale is a 3 bedroom, 2 bathroom House with 2 parking spaces. The place is currently for sale with First National Burwood.

Building Type
House

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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 11,048 properties. Over the last 5 years, Houses in Springvale have seen a 21.04% increase in median value, while Units have seen a 20.94% increase. As at 30 September 2024:

  • The median value for Houses in Springvale is $877,168 while the median value for Units is $597,612.
  • Houses have a median rent of $550 while Units have a median rent of $500.
There are currently 87 properties listed for sale, and 26 properties listed for rent in Springvale on OnTheHouse. According to CoreLogic's data, 332 properties were sold in the past 12 months in Springvale.

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Fio Gao
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Vinay Khosla
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First National Burwood
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