4/805 Princes HighwaySpringvale VIC 3171
Property Details for 4/805 Princes Hwy, Springvale
4/805 Princes Hwy, Springvale is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 586m2 and floor size of 40m2. While the property is not currently for sale or for rent, it was last sold in June 2021.
Last Listing description (July 2021)
Ideally located 1-bedroom apartment in Springvale presents an excellent investment opportunity not to be missed! This property will appeal to everyone from the first home buyer to the astute investor with its immaculate presentation & convenient position.
As an investment this apartment easily attracts renters and is consistently leased. Currently renting for $230p/w, totalling $11,960 annually, this property promises value for money. For a first home buyer it offers a chance to stop paying rent, and is an affordable first step into the housing market.
The ground floor apartment is impressively spacious with an open living/dining room complimented with wooden floor boards and gas heater. Neat and easy to maintain kitchen with a gas cook top and oven. One bedroom with built in robe and main bathroom and laundry make up the interior of this wonderful home.
Close to Coles Supermarket, High/Primary Schools, easy access to Princess Highway and Monash University, 200 metres to shops, restaurants and transportation, you will never need to travel far again.
DISCLAIMER:
The measurements provided of the land and / or property may not be 100% accurate. In order to satisfy yourself of the exact dimensions of the property / land / or of each room, we advise you to conduct your own measurements and / or engage the services of a licensed surveyor. Responsibility for any omissions or errors contained herein is expressly denied.
Property History for 4/805 Princes Hwy, Springvale, VIC 3171
- 24 Jun 2021Sold for $230,000
- 23 Mar 2021Listed for Sale $230,000 to $250,000
- 05 Oct 2014Listed for Rent $220 / week
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0About 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 11,191 properties. Over the last 5 years, Houses in Springvale have seen a 10.23% increase in median value, while Units have seen a 10.76% increase. As at 31 December 2024:
- The median value for Houses in Springvale is $861,711 while the median value for Units is $598,843.
- Houses have a median rent of $560 while Units have a median rent of $505.
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