50 Virginia StreetSpringvale VIC 3171
Property Details for 50 Virginia St, Springvale
50 Virginia St, Springvale is a 3 bedroom, 1 bathroom House with 4 parking spaces and was built in 1950. The property has a land size of 680m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in July 2015.
Last Listing description (June 2015)
The ever growing market in Springvale offers another tremendous chance for the prudent buyer to secure a short/long term investment. Literally only a few minutes walking distance to Springvale train station, central shopping and local schools, this rectangular block measuring at 698sqm offers huge potential in building and further development into multiple dwellings (STCA). Live in or rent out the existing charming home that comprises:
3 bedrooms
Large lounge
Sunroom/study
Double Garage and much more .
In a high demand pocket that has seen massive growth in value over recent years, get in now before it rises even further. Make this your wealth creator or retirement plan. An investment you just can t look past. Put your front foot forward. Call today!
Property History for 50 Virginia St, Springvale, VIC 3171
- 30 Jul 2015Sold for $711,000
- 26 Mar 2015Listed for Sale AUCTION
- 25 Mar 2011Listed 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 11,122 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:
- The median value for Houses in Springvale is $881,830 while the median value for Units is $591,654.
- Houses have a median rent of $550 while Units have a median rent of $500.
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