SOLD
Sold on 10 Feb 2024 for $800,000

7 Olinda Avenue
Springvale VIC 3171

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 117m2
Land area: 548m2
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Property Details for 7 Olinda Ave, Springvale

7 Olinda Ave, Springvale is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 548m2 and floor size of 117m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom House sold in Springvale in the last 12 months.

Building Type
House
Floor Size
117m2
Land Size
548m2
Local Government
Greater Dandenong
Lot/Plan
117/LP54148

Last Listing description (August 2024)

***FORTHCOMING AUCTION UNLESS SOLD PRIOR***

This classic three bedroom gem, promising value and potential, offers buyers an unmissable opportunity to renovate or knock down and rebuild. Perched on a generous 548m block (approx.), it's primed for families seeking convenience, lifestyle, and long-term liveability. Presented in excellent condition with the scope to move in today and redevelop tomorrow. Perfectly located just footsteps from parklands, shops, schools, and public transport, and enviably close to popular Springvale Central.

Currently, the home comprises a large living space, a well-equipped kitchen with meals, three bedrooms, a shared bathroom, a good-sized laundry, and a separate water closet. Further features include timber flooring, ducted heating, a front verandah, a covered deck for outdoor entertaining, and a carport with a workshop.

Situated opposite Olinda Reserve Playground and within walking distance of Olinda Avenue Kindergarten, Spring Parks Primary School, Killester College, Springvale Plaza Shopping Centre, and a reliable bus network. It is also conveniently located near Keysborough Secondary College, Springvale Central, Springvale Station, Westall Road Extension, and the Dingley Bypass.

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Property History for 7 Olinda Ave, Springvale, VIC 3171

A timeline of how this property has performed in the market
Last Sold
$800,000
10 Feb 2024
  • 10 Feb 2024
    Sold for $800,000
  • 12 Dec 2023
    Listed for Sale $790,000 - $860,000
  • 13 Nov 2002
    Sold for $198,000
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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 11,191 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.

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