1/5-7 Rhodes StreetSpringvale VIC 3171
Property Details for 1/5-7 Rhodes St, Springvale
1/5-7 Rhodes St, Springvale is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1960. The property has a land size of 196m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in October 2023.
Last Listing description (August 2024)
Occupying prized front position within a well-maintained, four-resident block, this three bedroom unit presents with house-like qualities promising minimal upkeep without compromising on space and comfort. Boasting zero body corporate fees, it is perfect for buyers starting their home ownership journey, downsizers seeking effortless living, or astute investors looking to capitalise on great rental returns. Comfortable as is with room for improvement, this property combines value and location, offering an affordable option just footsteps from bustling Springvale Central.
The home immediately impresses with a spacious living and dining area flowing through to a large timber kitchen equipped with quality appliances and generous storage. Three sizeable bedrooms are on offer, each fitted with built-in robes and serviced by a floor-to-ceiling tiled bathroom, an additional separate water closet, and a laundry with convenient external access.
Notable features comprise roller shutters for enhanced security, ducted heating complemented by split system heating and cooling to ensure year-round comfort, and a carport complete with an attached storeroom, catering to off-street parking and storage requirements.
Centrally located just footsteps from Warner Reserve, Springvale Rise Primary School, Springvale Central, Springvale Station, and buses. Enjoying proximity to Springvale Homemaker Centre, M-City Shopping Centre, St John Vianney's Primary School, Wellington Secondary College, Minaret College, and Monash University. Residents here also have easy access to major transport links, including Princes Highway, M1 Freeway and Eastlink arterial.
Property History for 1/5-7 Rhodes St, Springvale, VIC 3171
- 14 Oct 2023Sold for $620,000
- 20 Sep 2023Listed for Sale AUCTION THIS SAT @ 11:00AM $570,000 - $627,000
- 08 Feb 2022Listed 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 11,122 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.
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