367A Springvale RoadSpringvale VIC 3171
Property Details for 367a Springvale Rd, Springvale
Last Listing description (August 2024)
Key features of this opportunity include:
* Significant 188m²* located in the heart of Springvale
* Current Rental $58,240 pa. plus GST & outgoings
* Zoned commercial 1
Property History for 367a Springvale Rd, Springvale, VIC 3171
- 07 Aug 2024Sold
- 30 Jan 2024Listed for Sale $1,380,000
- 19 Jun 2023Listed for Sale AUCTION $1,280,000 - 1,380,000
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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 11,045 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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