OFF MARKET

7 Kelvin Grove
Springvale VIC 3171

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 103m2
Land area: 861m2
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Property Details for 7 Kelvin Gr, Springvale

7 Kelvin Gr, Springvale is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 861m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in September 2018.

Building Type
House
Year Built
1950
Floor Size
103m2
Land Size
861m2
Local Government
Greater Dandenong
Lot/Plan
20/LP5825

Last Listing description (November 2023)

Calling builders, developers and investors alike! Presenting an incredible opportunity to secure this 858m2 (20.11m x 42.67m) property located in a residential growth zone at the heart of sensational Springvale offering huge potential for multiple townhouses or multi storey apartment complex (STCA). Rezoning request to change to commercial zone has been submitted by the vendor to the council and is currently being considered.

All the work has been done to fully renovate the existing home in 2015 with an extensive list of improvements including new kitchen, bathroom and laundry, new split-system air conditioners and central gas heating, new floor polishing, re-wiring of the whole house, new plumbing system, concrete re-stumping, new colorbond steel roof, and freshly painted exterior & interiors.

Only 100m to the new train station and literally walking distance to the vibrant Springvale shopping centre with all the amenities you could ask for right at your doorstep.

Don't miss this substantial property, contact us today!


Property History for 7 Kelvin Gr, Springvale, VIC 3171

A timeline of how this property has performed in the market
Last Sold
$1,350,000
27 Sep 2018
Listed for Rent
$400/w
28 Sep 2022
  • 28 Jul 2021
    Listed for Sale RECENT SALES
  • 08 Jul 2021
    Listed for Rent - Price not available
  • 27 Sep 2018
    Sold for $1,350,000
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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 11,099 properties. Over the last 5 years, Houses in Springvale have seen a 21.81% increase in median value, while Units have seen a 23.13% increase. As at 31 August 2024:

  • The median value for Houses in Springvale is $873,867 while the median value for Units is $595,941.
  • Houses have a median rent of $550 while Units have a median rent of $500.
There are currently 77 properties listed for sale, and 34 properties listed for rent in Springvale on OnTheHouse. According to CoreLogic's data, 344 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.