SOLD
RECENT ADVICE
Sold on 06 Jul 2024 for $400,000

1/49 Paterson Road
Springvale South VIC 3172

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 377m2
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Property Details for 1/49 Paterson Rd, Springvale South

1/49 Paterson Rd, Springvale South is a 3 bedroom, 1 bathroom Unit with 2 parking spaces. The property has a land size of 377m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom Unit sold in Springvale South in the last 12 months.

Building Type
Unit
Land Size
377m2
Local Government
Greater Dandenong
Lot/Plan
1/SP29450

Last Listing description (July 2024)

Its Addressed:

Whether you are looking to rebuild or renovate, don't miss out on this perfect opportunity! Boasting a central location only a dash away from shopping centers, freeway access, and a bustling bus station. It's prime location offers unparalleled convenience and potential for those with a vision.
Unleash your creativity and transform this space into the home of your dreams. With essential amenities just moments away, imagine the lifestyle you could create in this desirable neighborhood.

Don't miss this opportunity to turn this property into a gem. Schedule your viewing today and unlock the potential waiting to be discovered!"

Property History for 1/49 Paterson Rd, Springvale South, VIC 3172

A timeline of how this property has performed in the market
Last Sold
$400,000
06 Jul 2024
  • 06 Jul 2024
    Sold for $400,000
  • 12 Jun 2024
    Listed for Sale $250,000 - $275,000
  • 13 Nov 2004
    Sold for $138,000
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About Springvale South 3172

The size of Springvale South is approximately 4.5 square kilometres. It has 11 parks covering nearly 18.3% of total area. The population of Springvale South in 2011 was 12,183 people. By 2016 the population was 12,771 showing a population growth of 4.8% in the area during that time. The predominant age group in Springvale South is 20-29 years. Households in Springvale South are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Springvale South work in a labourer occupation. In 2011, 71.5% of the homes in Springvale South were owner-occupied compared with 71.1% in 2016.

Springvale South has 4,629 properties. Over the last 5 years, Houses in Springvale South have seen a 21.88% increase in median value, while Units have seen a 14.37% increase. As at 31 October 2024:

  • The median value for Houses in Springvale South is $841,692 while the median value for Units is $556,647.
  • Houses have a median rent of $560 while Units have a median rent of $520.
There are currently 23 properties listed for sale, and 12 properties listed for rent in Springvale south on OnTheHouse. According to CoreLogic's data, 136 properties were sold in the past 12 months in Springvale south.

Suburb Insights for Springvale South 3172

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Leo Widjaja
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Laura Voinea
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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.