21 Tangerine Ave, Springfield is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 559m2 and floor size of 150m2. While the property is not currently for sale or for rent, it was last sold in April 2020.
*Registered viewings available on request*Positioned in a quiet tree-lined street looking out to Rumbalara Reserve, is this very solid long-term investment prospect. The property is leased as a dual tenancy with the current tenants in place for over 9 years and on good leases, and shows a return of approximately 5% with zero vacancies in the last 11 years and has been kept in great original condition. Upstairs there are three bedrooms, an open plan living and dining space, and the bathroom with bath, shower and a separate toilet. There is also a balcony that runs the length of the home.Downstairs there is a living area with kitchenette, a bedroom with a bath/shower ensuite, and an office with access to the garage. There is also a garden shed for storage in the fully-fenced back yard and room for a granny flat (STCA).The location is close to schools, shops and transport.*Anyone planning to attend a private viewing must follow procedures including removal of shoes and use of provided hand sanitiser prior to entering the home, maintaining social distancing of 1.5 metres between people, and having general respect for the safety of our owners and tenants by maintaining zero contact with surfaces.
The size of Springfield is approximately 4.6 square kilometres. It has 19 parks covering nearly 20.4% of total area. The population of Springfield in 2011 was 4,108 people. By 2016 the population was 4,114 showing a population growth of 0.1% in the area during that time. The predominant age group in Springfield is 50-59 years. Households in Springfield are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Springfield work in a professional occupation. In 2011, 71.4% of the homes in Springfield were owner-occupied compared with 70% in 2016.
Springfield has 1,815 properties. Over the last 5 years, Houses in Springfield have seen a 59.92% increase in median value, while Units have seen a 30.94% increase. As at 31 October 2024:
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