2/2-6 Kelvin GroveSpringvale VIC 3171
Property Details for 2/2-6 Kelvin Gr, Springvale
2/2-6 Kelvin Gr, Springvale is a 1 bedroom, 1 bathroom Unit and was built in 1969. The property has a land size of 1469m2 and floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in July 2023.
Last Listing description (August 2023)
With a high potential rental yield of over 5% return, this absolute prime central unit is the perfect first time investment. Fantastic, central location just a short skip to Springvale train station and central shops, markets and restaurants. Investors will enjoy low vacancies with such a great location.
Ground level unit and beautifully presented, tenants can move in immediately. If you're looking to move in yourself, this unit is spacious and light-filled offering a lounge area, modern kitchen with plenty of cupboard and bench space and a large primary bedroom with built-in robes. The bathroom is also modern and offers a bath/shower and vanity unit. There are laundry facilities in addition plus the toilet is quite separate.
Direct access off the kitchen to the rear common areas for the use of clotheslines plus there is a carpark on title. You may not need a car because this location ensures you have an easy commute for work whilst also walking to the vibrant cultural hubs of Springvale.
Move in immediately or rent out immediately, the choice is yours! Small group of units with low body corporate fees.
Property History for 2/2-6 Kelvin Gr, Springvale, VIC 3171
- 04 Jul 2023Listed for Rent $330 / week
- 01 Jul 2023Sold for $290,000
- 02 Jun 2023Listed for Sale Buy now! $280,000 - $300,000
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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 11,123 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:
- 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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