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45-47 Clarke Road
Springvale South VIC 3172

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 1488m2
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Expansive corner block with original home

THE PROPERTY
Opportunity is knocking at this outstanding property in the heart of Springvale South. With room for renovation, a new dream home, or a multi-dwelling development (STCA), this is a rare offering in the right pocket position.
The original brick home onsite features 4 bedrooms and a blend of original and updated features. The lounge is adorned with modern flooring, split system heating/cooling, and character cornice for a touch of period charm. The original kitchen features stainless steel appliances including a freestanding gas cooker and drawer dishwasher. With a second living area, alfresco, carport, and large shed, there is an abundance of elements to work with.
However, it is the sprawling block that is guaranteed to grab attention. Boasting a brilliant corner aspect and a bountiful 1,489sqm (approx.) of land, there is plenty of space here for new ideas.
This property is brimming with possibilities, so don't delay, join us for a tour today.
THE FEATURES
Ripe for renovation or redevelopment (STCA)
Sprawling 1,489sqm (approx.) corner allotment
Original brick residence with plenty of potential
Lounge with updated flooring and ornate cornice
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Property Details for 45-47 Clarke Rd, Springvale South

45-47 Clarke Rd, Springvale South is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 1488m2. The place is currently for sale with Ray White Wantirna.

Building Type
House
Land Size
1488m2

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About Springvale South 3172

The size of Springvale South is approximately 4.5 square kilometres. It has 11 parks covering nearly 18.3% of total area. The population of Springvale South in 2011 was 12,183 people. By 2016 the population was 12,771 showing a population growth of 4.8% in the area during that time. The predominant age group in Springvale South is 20-29 years. Households in Springvale South are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Springvale South work in a labourer occupation. In 2011, 71.5% of the homes in Springvale South were owner-occupied compared with 71.1% in 2016.

Springvale South has 4,597 properties. Over the last 5 years, Houses in Springvale South have seen a 26.56% increase in median value, while Units have seen a 15.27% increase. As at 31 July 2024:

  • The median value for Houses in Springvale South is $824,018 while the median value for Units is $540,713.
  • Houses have a median rent of $550 while Units have a median rent of $495.
There are currently 23 properties listed for sale, and 5 properties listed for rent in Springvale south on OnTheHouse. According to CoreLogic's data, 137 properties were sold in the past 12 months in Springvale south.

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Amir Hashemi
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Vivian Li
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Ray White Wantirna
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