OFF MARKET

1 Springvale Road
Nunawading VIC 3131

Bedrooms: 8
Bathrooms: 8
Car spaces: 8
Land area: 689m2
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Last updated 11 Nov 2024
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Property Details for 1 Springvale Rd, Nunawading

1 Springvale Rd, Nunawading is a 8 bedroom, 8 bathroom Unit with 8 parking spaces. The property has a land size of 689m2.

Building Type
Unit
Land Size
689m2
Local Government
Whitehorse
Lot/Plan
1/LP64163

Last Listing description (March 2013)

WHOLE BLOCK OF 8 STRATA TITLED UNITS TO BE SOLD AS ONE
IDEAL SUPERFUND/INVESTMENT OPPORTUNITY THIS IMPRESSIVE BLOCK OF 8X1 B/R UNITS IS PERFECT FOR A LANDLORD LOOKING TO ADD TO OR START AN INVESTMENT PORTFOLIO OR AN ASTUTE SELF FUNDED SUPERANNUATE. WELL MAINTAINED UNITS, EXCELLENT LOCATION ONLY 5 MINUTES FROM EASTLINK AND 1KM FROM NUNAWADING TRAIN STATION. MANAGED BY OUR OFFICE FOR 15 YEARS HAS ALWAYS HAD A STRONG RENTAL HISTORY.

Property History for 1 Springvale Rd, Nunawading, VIC 3131

A timeline of how this property has performed in the market
  • 18 Mar 2013
    Listed for Sale AUCTION

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About Nunawading 3131

The size of Nunawading is approximately 5.1 square kilometres. It has 23 parks covering nearly 4.1% of total area. The population of Nunawading in 2011 was 10,945 people. By 2016 the population was 11,863 showing a population growth of 8.4% in the area during that time. The predominant age group in Nunawading is 30-39 years. Households in Nunawading are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Nunawading work in a professional occupation. In 2011, 70.1% of the homes in Nunawading were owner-occupied compared with 68.1% in 2016.

Nunawading has 6,928 properties. Over the last 5 years, Houses in Nunawading have seen a 14.70% increase in median value, while Units have seen a 9.03% increase. As at 31 October 2024:

  • The median value for Houses in Nunawading is $1,149,784 while the median value for Units is $704,240.
  • Houses have a median rent of $605 while Units have a median rent of $500.
There are currently 19 properties listed for sale, and 8 properties listed for rent in Nunawading on OnTheHouse. According to CoreLogic's data, 231 properties were sold in the past 12 months in Nunawading.

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