FOR SALE
$1,850,000 - $2,000,000

9 St James Avenue
Springvale VIC 3171

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 920m2
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Unlimited Potential in Pinnacle Position

Right in the heart of the ever thriving Springvale community, this grand real estate opportunity will appeal to all developers, business owners & investors.
With 920sqm of flat, rectangular land in Residential Growth Zone & desirably located in the hustle and bustle of the suburb, it's the most ideal property to run your own clinic, various commercial usage or even develop multiple dwellings/apartments (STCA). Dimensions of block are 20.11m x 45.72m.
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!

Property Details for 9 St James Ave, Springvale

Building Type
Commercial
Land Size
920m2

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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 11,045 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 86 properties listed for sale, and 22 properties listed for rent in Springvale on OnTheHouse. According to CoreLogic's data, 332 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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Harry Li
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iSell Group
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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.