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Sold on 03 Aug 2024 for $748,000

3 Erica Street
Springvale VIC 3171

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 637m2
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Property Details for 3 Erica St, Springvale

3 Erica St, Springvale is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 637m2. 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.

Building Type
House
Land Size
637m2
Local Government
Greater Dandenong
Lot/Plan
4/LP52325

Last Listing description (August 2024)

Perfectly situated on a 637m² (approx.) rectangular block, this prime property is an outstanding investment opportunity promising excellent rewards in both lifestyle and capital growth. Presented as a three-bedroom weatherboard offering immeasurable potential to renovate, knock down and rebuild, or redevelop for dual-dwelling (STCA).

The property offers the convenience of being within walking distance to Spring Parks Primary School, Springvale Plaza Shopping Centre, Heatherton Park, and a reliable bus network. Additionally, it is close to Killester College, Westall Secondary College, Springvale Central, and Springvale Homemaker Centre. Commuting is stress-free with access to Springvale Station, Westall Road Extension, Princes Highway, and the M1 Freeway.

Currently, the home comprises three bedrooms, one bathroom, spacious formal living, a well-equipped kitchen with a large dining area, a versatile sunroom, a sizeable laundry, and a separate water closet. Additional features include ducted heating, air conditioning, a north-facing back garden, an extended driveway, a carport, and a garage.

This property is undoubtedly a real estate winner, offering a chance for lifestyle bliss and wealth creation. Inspect today, own tomorrow!

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Property History for 3 Erica St, Springvale, VIC 3171

A timeline of how this property has performed in the market
Last Sold
$748,000
03 Aug 2024
Listed for Rent
$320/w
16 Mar 2019
  • 03 Aug 2024
    Sold for $748,000
  • 08 Jul 2024
    Listed for Sale $660,000 - $720,000
  • 14 Apr 2019
    Sold for $650,000
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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 87 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.

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