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Sold on 18 May 2024 for $593,000

1/29 Whitworth Avenue
Springvale VIC 3171

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 261m2
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Property Details for 1/29 Whitworth Ave, Springvale

1/29 Whitworth Ave, Springvale is a 3 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 261m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 3 bedroom Unit sold in Springvale in the last 12 months.

Building Type
Unit
Land Size
261m2
Local Government
Greater Dandenong
Lot/Plan
1/PS442131

Last Listing description (May 2024)

With its own street frontage and only 2 on the block, this 3-bedroom residence is the perfect entry level opportunity for first home buyers, downsizers, and investors alike. In a coveted location with easy access to Springvale Central and Station, M - City and all local amenities, this is where lifestyle & value buying intertwine.

This offering comprises spacious living, hardwood timber floors, well-equipped kitchen & sitting area, three good sized bedrooms, central bathroom, separate laundry & spacious front yard that the 261sqm land provides.

You can choose to move in, reside as is and experience a low maintenance lifestyle, where recent updates have been done for you to enjoy. You could renovate further, turn it into your own modern delight and build equity for the future. If your dream is to build your own new dwelling, this land & position would be ideal and an option you can explore (STCA). Investors can expect a rental yield of the home at $460 to $500 per week.

Enviably located within walking distance to Minaret College, bus stops, and with a short commute to the heart of Springvale shops and eateries, Warner Reserve and Springvale Rise Primary School, Wellington Secondary College, Killester College, Springvale Homemaker Centre and Monash University, this presents a great chance to enter this ever growing 3171 marketplace.

Property History for 1/29 Whitworth Ave, Springvale, VIC 3171

A timeline of how this property has performed in the market
Last Sold
$593,000
18 May 2024
Listed for Rent
$270/w
16 Nov 2013
  • 18 May 2024
    Sold for $593,000
  • 24 Apr 2024
    Listed for Sale $540,000 - $575,000
  • 11 Dec 2023
    Listed for Rent $400 / week
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About Springvale 3171

The size of Springvale is approximately 11 square kilometres. It has 14 parks covering nearly 3.8% of total area. The population of Springvale in 2011 was 19,770 people. By 2016 the population was 21,697 showing a population growth of 9.7% in the area during that time. The predominant age group in Springvale is 20-29 years. Households in Springvale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Springvale work in a labourer occupation. In 2011, 57.4% of the homes in Springvale were owner-occupied compared with 56.2% in 2016.

Springvale has 11,123 properties. Over the last 5 years, Houses in Springvale have seen a 17.89% increase in median value, while Units have seen a 19.80% increase. As at 31 October 2024:

  • The median value for Houses in Springvale is $881,830 while the median value for Units is $591,654.
  • Houses have a median rent of $550 while Units have a median rent of $500.
There are currently 91 properties listed for sale, and 30 properties listed for rent in Springvale on OnTheHouse. According to CoreLogic's data, 345 properties were sold in the past 12 months in Springvale.

Suburb Insights for Springvale 3171

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Johnny Nguyen
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Harry Li
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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.