SOLD
Sold on 07 May 2024 for $772,000

4 Avondale Street
Springvale VIC 3171

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 113m2
Land area: 589m2
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Property Details for 4 Avondale St, Springvale

4 Avondale St, Springvale is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 589m2 and floor size of 113m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 3 bedroom House sold in Springvale in the last 12 months.

Building Type
House
Year Built
1960
Floor Size
113m2
Land Size
589m2
Local Government
Greater Dandenong
Lot/Plan
2/LP41115

Last Listing description (May 2024)

Expressions of Interest are now invited for this strategically positioned property situated on a generous 589-square metre allotment.

This property presents a unique chance for development or renovation. Presently occupied by tenants, it offers immediate rental revenue, allowing you to benefit financially as you plan its future. The property comes with a significant head start: plans and permits for two luxury townhomes. These are not only approved but offer a clear path through the often complex bureaucratic maze and time-consuming local regulations, making this a unique and coveted prospect.

Each upscale home is designed to feature a living and dining room, open-plan kitchen for modern living, a main bedroom with an ensuite on the ground floor and a convenient guest powder room. The upper level is thoughtfully planned with a study for home office needs, another master bedroom complete with an ensuite, two additional bedrooms for family or guests, and a well-appointed central bathroom. The inclusion of double garaging adds to the appeal, providing secure parking and storage solutions.

If redevelopment isn't your preference, the existing home offers a canvas for renovation or extension, allowing you to imprint your personal touch and add value to this already attractive proposition.

The location is a standout feature. It's within easy reach of Minaret College, Springvale Rise Primary, and Westall Secondary College. For commuting and shopping, Springvale Station and multiple shopping centers including Springvale Shopping Centres, Windsor Avenue Shopping Centre, and Clayton Shopping Plaza are conveniently close. Leisure time can be well-spent at nearby Sandown Racecourse or the tranquil Springvale Reserve.

Whether you opt to develop as planned or infuse the current home with your unique vision, this property is a doorway to endless possibilities.

Property History for 4 Avondale St, Springvale, VIC 3171

A timeline of how this property has performed in the market
Last Sold
$772,000
07 May 2024
Listed for Rent
$360/w
16 Mar 2018
  • 07 May 2024
    Sold for $772,000
  • 04 Mar 2024
    Listed for Sale Not Disclosed
  • 26 Feb 2018
    Listed for Rent - Price not available
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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 11,191 properties. Over the last 5 years, Houses in Springvale have seen a 12.84% increase in median value, while Units have seen a 15.02% increase. As at 30 November 2024:

  • The median value for Houses in Springvale is $874,309 while the median value for Units is $595,896.
  • Houses have a median rent of $550 while Units have a median rent of $500.
There are currently 82 properties listed for sale, and 34 properties listed for rent in Springvale on OnTheHouse. According to CoreLogic's data, 337 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.