SOLD
Sold on 09 Sep 2024 for $520,000

1/8 Ericksen Street
Springvale VIC 3171

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 80m2
Land area: 243m2
Sold By
LE & CO ESTATE AGENTS
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Property Details for 1/8 Ericksen St, Springvale

1/8 Ericksen St, Springvale is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 243m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom Unit sold in Springvale in the last 12 months.

Building Type
Unit
Year Built
1980
Floor Size
80m2
Land Size
243m2
Local Government
Greater Dandenong
Lot/Plan
1/SP21075

Last Listing description (October 2024)

Only 2 on the block, No Owner Corporation fee and No Common land to be managed. 246m2 is approximately its land, on which can be built a brand-new double storey home (STCA) once finance is available.
Location Excellence - Within walking distance to Springvale Train Station, Multi-Routes Bus Stops, Shopping central, Medical centres, 4 major banks, Restaurants & Cafes. Close proximity to Springvale Rise Primary School, Wellington Secondary College, Springvale Homemaker Centre, M-City Shopping Centre and Waverley Gardens Shopping Centre. Convenient access to Monash University and the M1 Freeway.
Attention to first home buyers, downsizers and investors who wish to live-in/invest in this growing popular Springvale area. The property main features:

? Two bedrooms
? One bathroom and one toilet.
? Large living area with separate kitchen area.
? Single Carport.
? Private backyard for BBQ area or outdoor activities.
? Land size 246m2 approximately.
? Convenient access to amenities and facilities.

Contact us today

Duncan Le 0423 737 561
Phuc Le 0422 765 899

Disclaimer: All information about the property has been provided to Le & Co Estate Agents by third parties. Le & Co Estate Agents has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

Property History for 1/8 Ericksen St, Springvale, VIC 3171

A timeline of how this property has performed in the market
Last Sold
$520,000
09 Sep 2024
  • 09 Sep 2024
    Sold for $520,000
  • 24 Oct 2023
    Listed for Sale $520,000
  • 28 Sep 2004
    Sold for $140,000
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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 11,048 properties. Over the last 5 years, Houses in Springvale have seen a 21.04% increase in median value, while Units have seen a 20.94% increase. As at 30 September 2024:

  • The median value for Houses in Springvale is $877,168 while the median value for Units is $597,612.
  • Houses have a median rent of $550 while Units have a median rent of $500.
There are currently 88 properties listed for sale, and 26 properties listed for rent in Springvale on OnTheHouse. According to CoreLogic's data, 330 properties were sold in the past 12 months in Springvale.

Suburb Insights for Springvale 3171

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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.