5 Fairbairn StreetSpringvale VIC 3171
Property Details for 5 Fairbairn St, Springvale
5 Fairbairn St, Springvale is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 582m2 and floor size of 122m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom House sold in Springvale in the last 12 months.
Last Listing description (July 2024)
This well-proportioned, 3-bedroom home is situated on a generous block and presents the perfect investment opportunity or place to call home. Features include 3 large robed bedrooms, 2 showers and 2 toilets, formal lounge, updated kitchen and meals area, ducted heating, reverse cycle air conditioning, lock-up workshop /storage, double carport and a sizeable backyard with plenty of options.
This property is full of potential and is situated in the heart of Springvale; only a short distance away from Princes Highway, Springvale Road Shopping Centre, Sandown Racecourse, Wellington Secondary College, Minaret College, St Joseph Primary School, Springvale Rise Primary school, public transport and other amenities.
Overall this is a secure investment opportunity as well as a central and convenient home for a family or couple to live in.
Photo I.D is required at the time of inspection.
Property History for 5 Fairbairn St, Springvale, VIC 3171
- 17 Jul 2024Sold for $775,000
- 24 Apr 2024Listed for Sale $ 749,000 to $ 819,000
- 04 May 2022Listed for Sale $ 850,000 to $ 920,000
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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 11,013 properties. Over the last 5 years, Houses in Springvale have seen a 25.57% increase in median value, while Units have seen a 23.63% increase. As at 31 July 2024:
- The median value for Houses in Springvale is $885,712 while the median value for Units is $577,667.
- Houses have a median rent of $543 while Units have a median rent of $480.
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