SOLD
Sold on 23 Jan 2024 for $520,000

57 Springs Road
Clayton South VIC 3169

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 145m2
Land area: 212m2
Sold By
VICPROP Ferntree Gully
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Property Details for 57 Springs Rd, Clayton South

Building Type
Commercial
Floor Size
145m2
Land Size
212m2
Local Government
Kingston
Lot/Plan
3/LP83167

Last Listing description (November 2023)

OUTSTANDING FREEHOLD OPPORTUNITY

Land area 212m2 approx.

Building area 144m2 approx.
Heating & cooling throughout
3 phase power
M/F toilets
3 plumbed consulting rooms
Large kitchen/ lunch room
Rear gated court yard/secure parking
Beautifully renovated commercial premises
Strong potential future upside (STCA)
Commercial 1 Zone

Buxton commercial is offering this shop/retail opportunity consisting, with significant scope for
future upside by developing this site offering of 212m2* and adding upper levels STCA.
Located in an established residential area.
Prominently located in the middle of this boutique retail strip of shops with rear access.

Property History for 57 Springs Rd, Clayton South, VIC 3169

A timeline of how this property has performed in the market
Last Sold
$520,000
23 Jan 2024
  • 23 Jan 2024
    Sold for $520,000
  • 18 Aug 2023
    Listed for Sale Contact Agent
  • 05 Apr 2022
    Transferred
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About Clayton South 3169

The size of Clayton South is approximately 8.3 square kilometres. It has 17 parks covering nearly 16.1% of total area. The population of Clayton South in 2011 was 11,624 people. By 2016 the population was 12,646 showing a population growth of 8.8% in the area during that time. The predominant age group in Clayton South is 20-29 years. Households in Clayton South are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Clayton South work in a professional occupation. In 2011, 61.3% of the homes in Clayton South were owner-occupied compared with 57.1% in 2016.

Clayton South has 7,653 properties. Over the last 5 years, Houses in Clayton South have seen a 19.93% increase in median value, while Units have seen a 8.29% increase. As at 31 October 2024:

  • The median value for Houses in Clayton South is $958,941 while the median value for Units is $600,578.
  • Houses have a median rent of $600 while Units have a median rent of $550.
There are currently 42 properties listed for sale, and 34 properties listed for rent in Clayton south on OnTheHouse. According to CoreLogic's data, 278 properties were sold in the past 12 months in Clayton south.

Suburb Insights for Clayton South 3169

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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.