OFF MARKET

111/353 Springvale Road
Glen Waverley VIC 3150

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 50m2
Land area: 3706m2
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Property Details for 111/353 Springvale Rd, Glen Waverley

111/353 Springvale Rd, Glen Waverley is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2009. The property has a land size of 3706m2 and floor size of 50m2. While the property is not currently for sale or for rent, it was last sold in November 2015.

Building Type
Unit
Year Built
2009
Floor Size
50m2
Land Size
3706m2
Local Government
Monash
Lot/Plan
111/PS608165

Last Listing description (December 2015)

A superb opportunity for a low risk investment on offer currently generating $21,553 p/a with a guaranteed 4% rental increase each year. This one bedroom apartment in excellent condition is currently leased with Quest. The return on investment is very attractive and would suit investors of all types. Located within walking distance to public transport, major shopping centres and several local amenities, offering in-house gym and conference room. Ideal for a first time investor to get on the property ladder, an option to add to your superannuation fund or just an opportunity to increase your property portfolio.
For more information, contact Tony Ievoli on 0422 869 795.

Property History for 111/353 Springvale Rd, Glen Waverley, VIC 3150

A timeline of how this property has performed in the market
Last Sold
$345,000
04 Nov 2015
  • 04 Nov 2015
    Sold for $345,000
  • 28 Oct 2014
    Listed for Sale Not Disclosed
  • 13 May 2009
    Sold for $324,763

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About Glen Waverley 3150

The size of Glen Waverley is approximately 16.8 square kilometres. It has 53 parks covering nearly 13.2% of total area. The population of Glen Waverley in 2011 was 39,204 people. By 2016 the population was 40,331 showing a population growth of 2.9% in the area during that time. The predominant age group in Glen Waverley is 10-19 years. Households in Glen Waverley are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Glen Waverley work in a professional occupation. In 2011, 76.4% of the homes in Glen Waverley were owner-occupied compared with 72.6% in 2016.

Glen Waverley has 19,558 properties. Over the last 5 years, Houses in Glen Waverley have seen a 25.47% increase in median value, while Units have seen a 12.61% increase. As at 31 October 2024:

  • The median value for Houses in Glen Waverley is $1,720,848 while the median value for Units is $922,039.
  • Houses have a median rent of $700 while Units have a median rent of $650.
There are currently 97 properties listed for sale, and 67 properties listed for rent in Glen waverley on OnTheHouse. According to CoreLogic's data, 738 properties were sold in the past 12 months in Glen waverley.

Suburb Insights for Glen Waverley 3150

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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.