2/488 Springvale RoadSpringvale South VIC 3172
Property Details for 2/488 Springvale Rd, Springvale South
2/488 Springvale Rd, Springvale South is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 140m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in November 2012.
Last Listing description (December 2012)
An ideal first home, for a lovely downsizer or a great investment opportunity to add to your portfolio, this little brick beauty should not be missed! Within walking distance of Athol Road shopping, local transport, schools and easy access to Springvale Central. This unique comprises of:
- 2 bedrooms
- 1 bathroom
- Single garage
- Heating and much more
Currently tenanted at $1260.00 per month. It's an exciting chance to take this next step in life; secure this sure investment while you can!
Property History for 2/488 Springvale Rd, Springvale South, VIC 3172
- 23 Nov 2012Sold for $261,200
- 19 Oct 2012Listed for Sale $240,000-$265,000
- 25 Oct 2001Sold for $110,000
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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 4,627 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.
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