SOLD
Sold on 05 Jun 2024 for $1,500,000

5 Spring Road
Caulfield South VIC 3162

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 576m2
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Property Details for 5 Spring Rd, Caulfield South

5 Spring Rd, Caulfield South is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 576m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 3 bedroom House sold in Caulfield South in the last 12 months.

Building Type
House
Land Size
576m2
Local Government
Glen Eira
Lot/Plan
1/TP476001

Last Listing description (September 2024)

Ripe for redevelopment, this untouched home on 576m2 land is beaming with promising prospects, poised in this idyllic setting, presenting an exceptional opportunity for home owners, developers and investors. Set amongst family-friendly surroundings, in this coveted tree-lined neighbourhood and handy location, this timber home is ready to please. Situated with every convenience close by, combining potential and position, this is the perfect ideas base to bring your dream to life and orchestrate a vibrant future in this picture-perfect setting.

- Embrace the opportunity and exercise your own unique vision
-A brilliantly positioned original full of untapped potential

-Reimagine or redevelop (STCA) in this terrific lifestyle locale
-Close proximity to premier amenities including schools and transport
-Featuring three bedroom accommodation and a one bedroom granny flat
-A compelling proposition with exciting scope for your forever home
-Footsteps from local bus, walking distance to Hawthorn Road tram
-Stroll to Ormond station, Caulfield South Primary School zone
-Ormond Primary School, Kilvington Grammer School catchment
-Get ready to be inspired in this splendid and central location

Property History for 5 Spring Rd, Caulfield South, VIC 3162

A timeline of how this property has performed in the market
Last Sold
$1,500,000
05 Jun 2024
  • 05 Jun 2024
    Sold for $1,500,000
  • 01 May 2024
    Listed for Sale $1,500,000
  • 02 Jun 2008
    Transferred

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About Caulfield South 3162

The size of Caulfield South is approximately 3.3 square kilometres. It has 3 parks covering nearly 4.9% of total area. The population of Caulfield South in 2011 was 11,270 people. By 2016 the population was 11,858 showing a population growth of 5.2% in the area during that time. The predominant age group in Caulfield South is 40-49 years. Households in Caulfield South are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Caulfield South work in a professional occupation. In 2011, 70.2% of the homes in Caulfield South were owner-occupied compared with 69.6% in 2016.

Caulfield South has 6,091 properties. Over the last 5 years, Houses in Caulfield South have seen a 15.81% increase in median value, while Units have seen a 6.77% increase. As at 31 October 2024:

  • The median value for Houses in Caulfield South is $1,890,644 while the median value for Units is $837,392.
  • Houses have a median rent of $800 while Units have a median rent of $650.
There are currently 5 properties listed for sale, and 5 properties listed for rent in Caulfield south on OnTheHouse. According to CoreLogic's data, 251 properties were sold in the past 12 months in Caulfield south.

Suburb Insights for Caulfield South 3162

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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.