SOLD
Sold on 26 Aug 2024 for $500,000

4/492-498 Springvale Road
Springvale South VIC 3172

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 73m2
Land area: 176m2
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Property Details for 4/492-498 Springvale Rd, Springvale South

4/492-498 Springvale Rd, Springvale South is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 176m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Unit sold in Springvale South in the last 12 months.

Building Type
Unit
Year Built
1975
Floor Size
73m2
Land Size
176m2
Local Government
Greater Dandenong
Lot/Plan
4/RP15169

Last Listing description (October 2021)

Lovely home located within walking distance to bus stop, shops and Athol Road Primary School.

The residence comprises of:

- 2 bedrooms with built-in robes

- Spacious living area
- Bright kitchen adjoining meals area
- Central bathroom and single lock up garage

DIGITAL INSPECTIONS: Due to current COVID-19 lockdown guidelines, private inspections are by appointment only and all advertised inspections are conducted online via ZOOM. *Please copy the below link and paste it to a web browser at the scheduled open time for the live virtual tour:

https://us02web.zoom.us/j/82493497939?pwd=bHpabVZOaElHMmtqT3dVSHVTbHVKUT09

If you have inspected the property via video or have attended one of our live ZOOM sessions and accept the property in the current condition as viewed, we encourage you to submit your applications electronically to us via 1Form for consideration.


DISCLAIMER:
- Every effort has been made to ensure the information provided in this advertisement is accurate.
- Inspection times and the property availability are subject to change or cancellation without notice, therefore, please come back and check this advertisement regularly.
- Property conditions are advertised as is and are considered Accepted upon attendance of a property inspection either in person or via digital mediums.

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Property History for 4/492-498 Springvale Rd, Springvale South, VIC 3172

A timeline of how this property has performed in the market
Last Sold
$500,000
26 Aug 2024
Listed for Rent
$300/w
29 Sep 2021
  • 26 Aug 2024
    Sold for $500,000
  • 26 Aug 2021
    Listed for Rent $300 / week
  • 15 Jul 2020
    Listed for Rent $300 / week
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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 4,646 properties. Over the last 5 years, Houses in Springvale South have seen a 13.91% increase in median value, while Units have seen a 15.50% increase. As at 28 February 2025:

  • The median value for Houses in Springvale South is $827,565 while the median value for Units is $583,369.
  • Houses have a median rent of $555 while Units have a median rent of $520.
There are currently 17 properties listed for sale, and 5 properties listed for rent in Springvale south on OnTheHouse. According to CoreLogic's data, 130 properties were sold in the past 12 months in Springvale south.

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