FOR SALE
PRIVATE SALE $545,000 - $595,000

5/18 Watt Street
Springvale VIC 3171

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
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A SUPERB FIRST HOME OPPORTUNITY

This stunning and low maintenance home is the perfect home buyers dream. Boasting with exceptional value, this 1 of 9 townhouses with street frontage is positioned in a superb Springvale pocket. This conveniently located townhouse presents well for those looking for their first home. Stylish in design and with modern finishes throughout, this townhouse has plenty to offer.
Featuring:
- 2 spacious bedrooms all with built in robes. Master with ensuite bathroom and outdoor deck area.
- A 2nd central bathroom
- Additional 3rd powder room
- Large open plan kitchen/dining area with direct access to generous terrace balcony. Complete with stainless steel gas cook top appliances and plenty of bench and upper/lower cupboard space
- Large separate living area with or a potential 3rd bedroom.
- Secure under cover basement car park with plenty of off street parking available.
Additional Features: Split heating and cooling throughout, storage cage, European laundry, High ceilings, LED downlights
This is a great opportunity for first home buyers to secure this low maintenance home and with a versatile offering, this also makes a great investment opportunity. Commanding a premium Springvale location, this home is only moments away to local schools, Monash Uni, Ikea, Eastlink, Springvale Station, Library & Springvale Shopping Centre.
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Property Details for 5/18 Watt St, Springvale

5/18 Watt St, Springvale is a 3 bedroom, 2 bathroom Townhouse with 1 parking spaces. The place is currently for sale with Waterfront Real Estate.

Building Type
Townhouse

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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 11,013 properties. Over the last 5 years, Houses in Springvale have seen a 25.57% increase in median value, while Units have seen a 23.63% increase. As at 31 July 2024:

  • The median value for Houses in Springvale is $885,712 while the median value for Units is $577,667.
  • Houses have a median rent of $543 while Units have a median rent of $480.
There are currently 82 properties listed for sale, and 43 properties listed for rent in Springvale on OnTheHouse. According to CoreLogic's data, 334 properties were sold in the past 12 months in Springvale.

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Charles Ealdama
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Jason Ealdama
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Waterfront Real Estate
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