16 Hope St, Springvale is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 623m2 and floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in October 2023.
Here lies a significant opportunity for buyers seeking potential and location! Currently presented as a three bedroom, one bathroom home, set on a 623m (approx.) rectangular parcel promising great scope for renovations, a knock down rebuild, or redevelopment (STCA). Investing here will yield plenty of rewards given its central location close to an array of amenities, including schools, shops, parks, and public transport.
Beyond the propertys potential value is its current offering, which should not be overlooked. Well-presented and comfortable as is, the existing layout comprises spacious formal living alongside a neat and highly functional kitchen that overlooks a sun soaked dining space. From here, easily transition to an entertaining deck for outdoor fun and gatherings.
The floor plan also encompasses three bedrooms (two with built-in robes), a shared bathroom with an independent bathtub and shower, a water closet, and a separate laundry. Further extras include hardwood timber flooring, split system heating and cooling, ceiling fans, a well-manicured and established garden, plus a storage shed and single garage.
A prime example of location excellence, this property boasts walking distance to Warner Reserve, Coles, local eateries, medical services, a reliable bus network, Springvale Rise Primary, and St John Vianney's Primary, with proximity to both Wellington Secondary College and Minaret College. Close by are the comprehensive delights of Springvale Central, Springvale Homemaker Centre, and M-City Shopping Centre. Residents here also enjoy easy access to Monash University and transport arterials including Westall Station, Princes Highway, M1 Freeway, and Eastlink.
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:
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