45-47 Clarke Rd, Springvale South is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1965. The property has a land size of 1488m2 and floor size of 190m2. While the property is not currently for sale or for rent, it was last sold in September 2021.
THE PROPERTY
Opportunity is knocking at this outstanding property in the heart of Springvale South. With room for renovation, a new dream home, or a multi-dwelling development (STCA), this is a rare offering in the right pocket position.
The original brick home onsite features 4 bedrooms and a blend of original and updated features. The lounge is adorned with modern flooring, split system heating/cooling, and character cornice for a touch of period charm. The original kitchen features stainless steel appliances including a freestanding gas cooker and drawer dishwasher. With a second living area, alfresco, carport, and large shed, there is an abundance of elements to work with.
However, it is the sprawling block that is guaranteed to grab attention. Boasting a brilliant corner aspect and a bountiful 1,489sqm (approx.) of land, there is plenty of space here for new ideas.
This property is brimming with possibilities, so don't delay, join us for a tour today.
THE FEATURES
Ripe for renovation or redevelopment (STCA)
Sprawling 1,489sqm (approx.) corner allotment
Original brick residence with plenty of potential
Lounge with updated flooring and ornate cornice
Original kitchen with stainless steel appliances
Second living area, alfresco, carport, and large shed
Split system heating/cooling
Highly coveted, family-friendly position
THE LOCATION
This promising property also secures a sought-after position. Situated steps from Springvalley Kindergarten and Spring Parks Primary School will bring peace of mind for families. Easy access to Spring Valley Park, Springvale Station, bus transport, and Keysborough Secondary College ensures there is an ease to living here.
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:
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