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Sold on 14 Sep 2024 for $1,350,000

6 Victoria Avenue
Springvale VIC 3171

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 674m2
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Property Details for 6 Victoria Ave, Springvale

6 Victoria Ave, Springvale is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 674m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 3 bedroom House sold in Springvale in the last 12 months.

Building Type
House
Land Size
674m2
Local Government
Greater Dandenong
Lot/Plan
1/TP428699

Last Listing description (September 2024)

Unlock an enviable lifestyle with this ideally positioned family residence, located just steps from vibrant Springvale Central. Set on a generous 674m² block (approx.), the property offers spacious living, a sunroom, three bedrooms, one bathroom, and a versatile second kitchen at the rear, perfect for entertaining and special occasions. This prized address provides immediate access to shops, eateries, schools, and public transport, while also offering redevelopment opportunities with long-term growth potential.

Currently tenanted, prospective buyers can choose to extend the lease, renovate, or knock down and rebuild (STCA). Developers can also capitalise on the simultaneous sale of 4 Victoria Ave next door, creating a significant opportunity to purchase both properties and expand the potential for a multi-dwelling residential development (STCA).

Today, the property is characterised by a spacious lounge with a built-in bar, formal dining, a well-appointed timber kitchen adjoining a family dining space, and a relaxing sunroom. There is a second kitchen area at the rear, ideal for hosting guests. The floor plan also includes three bedrooms with built-in robes, a shared bathroom, a separate water closet, and a sizable laundry. Additional features include ducted heating and air conditioning, a second toilet, window awnings, a covered patio, and a double carport.

Supremely located within walking distance of Springvale Central, Springvale Station and buses, Springvale Reserve, St Joseph's Catholic Primary, and Springvale Rise Primary. Situated near Westall Secondary College, Killester College, Monash University, Springvale Homemaker Centre, and M-City Shopping Centre, with easy access to Princes Highway, M1 Freeway, and the Eastlink arterial.

Current Rental Income for 6 Victoria Ave: $2,950 pcm
Current Rental Income for 4 Victoria Ave: $3,000 pcm

Property History for 6 Victoria Ave, Springvale, VIC 3171

A timeline of how this property has performed in the market
Last Sold
$1,350,000
14 Sep 2024
Listed for Rent
$415/w
05 Aug 2016
  • 14 Sep 2024
    Sold for $1,350,000
  • 20 Aug 2024
    Listed for Sale $1,350,000 - $1,450,000
  • 22 May 2022
    Sold for $1,199,807
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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. Over the last 5 years, Houses in Springvale have seen a 21.81% increase in median value, while Units have seen a 23.13% increase. As at 31 August 2024:

  • The median value for Houses in Springvale is $873,867 while the median value for Units is $595,941.
  • Houses have a median rent of $550 while Units have a median rent of $500.
There are currently 76 properties listed for sale, and 42 properties listed for rent in Springvale on OnTheHouse. According to CoreLogic's data, 343 properties were sold in the past 12 months in Springvale.

Suburb Insights for Springvale 3171

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Ricky Nguyen
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Jason Tek
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iSell Group
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Disclaimer
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.