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Sold on 11 Dec 2023 for $840,000

40 Spring Road
Springvale South VIC 3172

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 542m2
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Property Details for 40 Spring Rd, Springvale South

40 Spring Rd, Springvale South is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 542m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 3 bedroom House sold in Springvale South in the last 12 months.

Building Type
House
Land Size
542m2
Local Government
Greater Dandenong
Lot/Plan
12/LP90713

Last Listing description (December 2023)

Spring into action and inspect this updated family home, promising spacious comfort highlighted by dual living and outdoor entertaining ease. The perfect property for buyers seeking versatility, potential and location excellence. Simply secure the keys and enjoy the home, the friendly community, and its convenient proximity to shops, schools, parks, and public transport. Set on a decent 542m² block offering long term value, growth, and stability.

Well-presented with a generous floor plan comprising formal living alongside a dining space connected to a renovated timber kitchen, finished with stone benchtops, stainless steel appliances, and ample storage. At the rear of the home, there is an expansive rumpus, ideal as a family or games room. Providing further flexibility is a large, undercover outdoor entertaining area suitable for all weather conditions.

There are three good sized bedrooms, each with built-in robes, serviced by a shared bathroom beautifully updated with floor to ceiling tiles, stone benchtops, and a double basin vanity. Additional ease and comfort are provided by a separate water closet and laundry. Brimming with features, the home comes with split system heating and cooling, a fireplace, freshly painted roof tiles, a fish pond, an extended driveway, and a large garage.

Boasting unmatched convenience, it is within walking distance of Spring Valley Park, Burden Park, Springvale Plaza Shopping Centre, a bus network, and Spring Parks Primary School, with proximity to Keysborough Secondary College and Killester College. All the delights of Athol Road Shopping Centre and Springvale Central are just moments away, including shops, eateries, medical centres, banking services, and other amenities. Locals here also enjoy easy access to Sandown Park Station and major road, freeways, and arterials.

Property History for 40 Spring Rd, Springvale South, VIC 3172

A timeline of how this property has performed in the market
Last Sold
$840,000
11 Dec 2023
  • 11 Dec 2023
    Sold for $840,000
  • 08 Nov 2023
    Listed for Sale Not Disclosed
  • 10 Jan 1992
    Sold for $107,000

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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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Ricky Nguyen
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Johnny Nguyen
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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.