18/20 Royal AvenueSpringvale VIC 3171
Property Details for 18/20 Royal Ave, Springvale
18/20 Royal Ave, Springvale is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2020. The property has a floor size of 76m2.
Last Listing description (September 2020)
Best value apartment in Springvale, innovative architectural design with quality finishes and within easy stroll to Springvale shopping precinct and metropolitan transport hub. Enjoy the convenience when shopping, no parking problems or eating at one of the many local restaurants. Everything from food to medical and financial services are all within walking distance. As an investment you can expect a high return for a residence this close to everything.
Property History for 18/20 Royal Ave, Springvale, VIC 3171
- 28 Jan 2020Listed for Sale $450,000 to $490,000
- 25 Apr 2018Listed for Sale Contact Agent
- 23 Aug 2017Listed for Sale Not Disclosed
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0About 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 11,125 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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