BUY NOW & BUILD LATER, 612m2
A good opportunity exists for investors, developers or buyers who wish to build new homes right in Springvale, one of the fastest growing suburbs in Melbourne. Located just minutes from Coles Supermarket, Spotlight and just a short distance to Springvale station and Springvale Shopping Centre, this home offering three good sized of bedrooms and all it needs is just a touch of loving hands to reclaim its beauty. Alternatively, it is great to build two new townhouses (STCA) or just one big dream home in one great location. It is your choice and it is your chance, call us today to make it happen.
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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 11,120 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:
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