416 Springvale RoadSpringvale South VIC 3172
Property Details for 416 Springvale Rd, Springvale South
416 Springvale Rd, Springvale South is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1975. The property has a land size of 592m2 and floor size of 140m2. While the property is not currently for sale or for rent, it was last sold in November 2016.
Last Listing description (December 2016)
This is the chance to secure your entry into one of the most desired Springvale South s pockets at well below normal budgets.
Within a few moments to local schools, Burden Park, Springvale Central & Athol Rd shops, bus transport and major road arterials, the location is second to none. Ideal for future family living, fulfil all the potential the property offers and secure your future.
On a sizable allotment of 590sqm, you can choose to renovate and modernise the 3 bedroom residence and bring it back to life. Like many people have done so in the past, this could prove to be your money maker.
With main road exposure, future business could be the way to go as many precedents have been set.
Property History for 416 Springvale Rd, Springvale South, VIC 3172
- 20 Nov 2016Sold for $715,000
- 27 Oct 2016Listed for Sale AUCTION
- 08 Jul 2014Listed for Rent - Price not available
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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 4,605 properties. Over the last 5 years, Houses in Springvale South have seen a 18.73% increase in median value, while Units have seen a 13.63% increase. As at 31 December 2024:
- The median value for Houses in Springvale South is $839,406 while the median value for Units is $578,845.
- Houses have a median rent of $560 while Units have a median rent of $525.
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