15 Virginia St, Springvale is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 696m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 3 bedroom House sold in Springvale in the last 12 months.
The ever-growing market in Springvale offers another tremendous chance for the prudent buyer to secure a quality investment in the most desirable pocket of Springvale. Literally only a few minutes walking distance to Springvale train station, central shopping and local schools, this rectangular block measuring at 696sqm (approx) offers huge potential in building and further development into multiple dwellings (STCA), or even a dream mansion for generational family living.
Live in or continue to lease out the existing weatherboard home, currently tenanted at $1,499 pcm ($17,988 per year).
In a high demand precinct that has seen massive growth in value over recent years, get in now before it rises even further. Make this your wealth creator or retirement plan, as it's an investment you just can't look past.
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 11,096 properties. Over the last 5 years, Houses in Springvale have seen a 21.81% increase in median value, while Units have seen a 23.13% increase. As at 31 August 2024:
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