16 Altair St, Springvale South is a 4 bedroom, 3 bathroom House with 3 parking spaces. The property has a land size of 780m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in June 2019.
Comfortable, secure, sturdy with an unbeatable address in the quiet bowl of a street in Springvale South (bordering Springvale), this 3 bedroom home presents endless opportunities.
Set on a massive 780sqm of flat land, the potential is there to develop multiple dwellings (SCTA) or improve the existing solid brick home which is on the market for the first time ever!
Located within walking distance of Killester College, Spring Parks Primary School and Kindergarten, ALDI, Springvale library and Burden Park, you'll find every imaginable amenity at your doorstep. The home's fun and functional floor plan with three bedrooms, 2 bathrooms (1 recently renovated) with separate toilet, good sized kitchen / dining area which has double ovens for the avid cook, 2 x reverse cycle heating and cooling, study, double garage and 2 separate living areas is great for a growing family, developer or savvy investor looking to expand their portfolio in one of Melbourne's highest growth zones with exotic appeal.
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:
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