FOR SALE
$850,000 to $935,000

61 Moishe Circuit
Springvale VIC 3171

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 560m2
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Prime Location

It's rare to find a vacant block, especially one with a 20m frontage and approximately 560m2, in area close to Springvale CBD, even rarer to find one within 1Km of a transport hub that gives you access to trains and buses.
With many new double story homes being built in this sort after area there is an opportunity for developers step up, or individual to design and build their dream home, (STCA) just a short walk from Springvale Railway station and Springvale Shopping centre yet away from the hustle and bustle of the busy shopping centre and market.
Springvale's multicultural society offers a diverse range of shops including various supermarkets, meat and vegetable markets, restaurants, cafés and speciality shops. Private and Public schools catering for all age groups, a range of medical, legal and financial services are also available within the Springvale CBD.
LAND DESCRIPTION ---------------- Lot 37 on Plan of Subdivision 645485Y.
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Property Details for 61 Moishe Cct, Springvale

Building Type
Land
Land Size
560m2

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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, 330 properties were sold in the past 12 months in Springvale.

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