OFF MARKET

68 Olympic Avenue
Springvale South VIC 3172

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 149m2
Land area: 547m2
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Last updated 16 Sep 2024
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Property Details for 68 Olympic Ave, Springvale South

68 Olympic Ave, Springvale South is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1983. The property has a land size of 547m2 and floor size of 149m2. While the property is not currently for sale or for rent, it was last sold in February 2022.

Building Type
House
Year Built
1983
Floor Size
149m2
Land Size
547m2
Local Government
Greater Dandenong
Lot/Plan
35/LP88404

Last Listing description (February 2022)

An exceptional opportunity in a consistently coveted location that's regarded and recognized as one of Springvale South's most attractive addresses, this rewarding home's immediate appeal is complemented by its great prospects going forward. Currently leased at $1,739 pcm, the rewards kick in from the very first day and from there the upside only gets better! The opportunity to earn reliable rental income while making plans for a fabulous future is enhanced by the present day proportions and confirmed by a block measuring some 548m2.

The timber tones of the ceilings and the low-maintenance elegance of modern floors frame inviting living and dining spaces complemented by separate family room/everyday dining and a kitchen that reveals the impressive, enduring impact of a renovation that includes generous bench-space, ample storage and a dish-washer.

Three bedrooms and two bathrooms, including a main bedroom with an ensuite in a zone of its own, contribute complete current day comfort to a format further enhanced by split system heating/cooling, a separate laundry and intelligently integrated storage. Garden surroundings that are family friendly and a double carport that's beautifully convenient accompany this home, adding to its appeal both today and tomorrow.

Burden Park Reserve, Athol Road Shopping, local schooling and easy access to all major arterial roads create great context for capturing this property without delay and considering its further possibilities as the future unfolds. A delightful home, definitely an opportunity not to be missed, where renting, further renovating or re-building, (STCA), are among the rewarding options!

Property History for 68 Olympic Ave, Springvale South, VIC 3172

A timeline of how this property has performed in the market
Last Sold
$785,000
05 Feb 2022
Listed for Rent
$400/w
06 Oct 2021
  • 05 Feb 2022
    Sold for $785,000
  • 13 Jan 2022
    Listed for Sale AUCTION $700,000-$750,000
  • 10 Sep 2021
    Listed for Rent $400 / 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 4,632 properties. Over the last 5 years, Houses in Springvale South have seen a 24.95% increase in median value, while Units have seen a 12.71% increase. As at 31 August 2024:

  • The median value for Houses in Springvale South is $825,262 while the median value for Units is $537,637.
  • Houses have a median rent of $550 while Units have a median rent of $520.
There are currently 24 properties listed for sale, and 9 properties listed for rent in Springvale south on OnTheHouse. According to CoreLogic's data, 144 properties were sold in the past 12 months in Springvale south.

Suburb Insights for Springvale South 3172

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Disclaimer
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.