5 Wales St, Springvale is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 699m2 and floor size of 127m2. While the property is not currently for sale or for rent, it was last sold in December 2007.
BIG LAND, BIG POTENTIAL
An ideal property for future development. Not only do you get an excellent residence but the huge size of the block lends itself to development possibilities (STCA).
The home consists of 3 bedrooms, lounge, and formal dining room, large kitchen with meals area and bathroom with separate shower. Also includes air conditioning, ducted heating and a single garage. All of this on a block of approx 700m2 close to Springvale shops, schools, transport and train station.
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:
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