OFF MARKET

31 Bournemouth Avenue
Springvale VIC 3171

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Floor area: 131m2
Land area: 546m2
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Property Details for 31 Bournemouth Ave, Springvale

31 Bournemouth Ave, Springvale is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 1975. The property has a land size of 546m2 and floor size of 131m2. While the property is not currently for sale or for rent, it was last sold in October 2022.

Building Type
House
Year Built
1975
Floor Size
131m2
Land Size
546m2
Local Government
Greater Dandenong
Lot/Plan
51/LP67668

Last Listing description (December 2022)

Are you looking for that perfect family home? Or simply wanting that high rental yield opportunity added to that investment portfolio? Well, look no further.

Proudly presenting:

- 7 spacious bedrooms perfect for shared accommodation or rental opportunity

- Raised block with no flood issues
- Side home access to the rear dwellings for easy access to potential renters
- Large rectangular block of land with plenty of parking spaces
- 10kw solar system, pay $15/week during winter, recieve credits during summer
- Rain water system, integrated to all toilets, gardening, clothes washing
- Electric roller shutters and gate
- Ducted cooling and heating with 3x additional AC split systems
- Underground car hoist
- Close to all amenities, 3 mins drive to Springvale Central

With amenities such as Springvale Central, Athol Road Shopping Centre, Springs Park Primary School, Killester College, Springvale Library, Burden Park, Springvale train station, bus stops (bus 814) and much more!

For all enquiries and inspections, please contact Dinesh Raghu on 0431 131 157 or David Phua on 0401 803 110.

Chattels: All fittings and fixtures as inspected.
Deposit: 10%
Preferred Settlement Terms: 60 days.
Potential Rental Return: Up to $4,200 per month (approx.)
Potential Return on Investment: 5% (approx.)

Note: Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves of any pertinent matters

We engage in social distancing practices at inspections to ensure a safe environment for staff and clients. Please follow the instructions of the staff member at the inspection at all times and be respectful that you are entering their workplace.

Property History for 31 Bournemouth Ave, Springvale, VIC 3171

A timeline of how this property has performed in the market
Last Sold
$930,000
26 Oct 2022
  • 26 Oct 2022
    Sold for $930,000
  • 26 Aug 2022
    Listed for Sale Contact Agent
  • 02 Jan 2012
    Sold for $460,000
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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 11,125 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.
There are currently 93 properties listed for sale, and 29 properties listed for rent in Springvale on OnTheHouse. According to CoreLogic's data, 349 properties were sold in the past 12 months in Springvale.

Suburb Insights for Springvale 3171

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.