SOLD
Sold on 20 Aug 2024 for $1,110,000

36/830 Princes Highway
Springvale VIC 3171

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2459m2
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Property Details for 36/830 Princes Hwy, Springvale

Building Type
Commercial
Land Size
2459m2
Local Government
Greater Dandenong
Lot/Plan
1/PS820732

Last Listing description (June 2023)

Located just 26 km's South East of the CBD, Merring Business Park is situated in the heart of Springvale just minutes from key surrounding amenities and major road networks. The exciting new development offers multiple access points to freeways, rail and bus stations and superior connectivity to local shopping precincts.

Building Key Features:-


+ Building area - 311 sqm*
+ Dual level office/showroom
+ High quality modern design
+ Motorised container height roller door
+ 3 Phase power
+ Excellent warehouse height
+ Multiple automatic security gates with drive around access

Call your exclusive agent Knight Frank for further information or to set up a private inspection.

Property History for 36/830 Princes Hwy, Springvale, VIC 3171

A timeline of how this property has performed in the market
Last Sold
$1,110,000
20 Aug 2024
Listed for Rent
$54k/w
13 Jun 2023
  • 20 Aug 2024
    Sold for $1,110,000
  • 13 Jun 2024
    Sold for $770,000
  • 02 Apr 2024
    Sold for $700,000
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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 11,124 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 91 properties listed for sale, and 29 properties listed for rent in Springvale on OnTheHouse. According to CoreLogic's data, 345 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.