1-2/24 Balmoral Ave, Springvale, VIC 3171 | Unit for sale | OnTheHouse
 
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1-2/24 Balmoral Avenue
Springvale VIC 3171

Bedrooms: 5
Bathrooms: 2
Car spaces: 3
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Commercial One Zone C1Z
In the heart of Springvale, this property is 5 minutes' walk to Springvale Central and Springvale Railway Station. This exceptional location allows residents easy access to shops, restaurants and many other benefits associated with the Springvale CBD.
On offer are two separately titled free-standing units. These older style brick veneer structures offer solid foundations for potential future improvements (STCA) and are within the Commercial 1 Zone adding to future potential usage and value. A common driveway provides some space to park cars outside the two units.
Positioned in a prime location, this home is just moments away from local schools, shopping centre's, parks, and public transport, making daily errands and commuting a breeze. Whether you're looking to invest or live in one of Springvale's most sought-after areas, this property could be for you. Don't miss out on this rare opportunity to secure a piece of prime real estate in a thriving community. Schedule a viewing today and envision your family's future in this remarkable home.
Currently Leased, Unit 1 at $2700/cm and Unit 2 at $2650/cm
In general
Unit 1 (2 1 1) 12 month Lease commenced in October, returning $2700pcm
Features 2 good sized bedrooms, lounge, kitchen, family bathroom, separate toilet and single garage with access to the rear yard.
Rates $328/qtr, Water $172.94/ two months. BC admin fees $1066.67 /qtr (2023-24)
Unit 2 (3 1 -) RENTAL $2650 pcm
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Property Details for 1-2/24 Balmoral Ave, Springvale

1-2/24 Balmoral Ave, Springvale is a 5 bedroom, 2 bathroom Unit with 3 parking spaces. The place is currently for sale with CENTURY 21 Theresa Huynh.

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About Springvale 3171

The size of Springvale is approximately 11.0 square kilometres. It has 14 parks covering nearly 3.8% of total area. The population of Springvale in 2016 was 21714 people. By 2021 the population was 22174 showing a population growth of 2.1% in the area during that time. The predominant age group in Springvale is 20-29 years. Households in Springvale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Springvale work in a labourer occupation.In 2021, 54.70% of the homes in Springvale were owner-occupied compared with 56.20% in 2016.

Springvale has 11,375 properties. Over the last 5 years, Houses in Springvale have seen a 18.84% increase in median value, while Units have seen a 19.17% increase. As at 31 December 2025:

  • The median value for Houses in Springvale is $981,004 while the median value for Units is $606,199.
  • Houses have a median rent of $580 while Units have a median rent of $540.
There are currently 61 properties listed for sale, and 41 properties listed for rent in Springvale on OnTheHouse. According to Cotality's data, 421 properties were sold in the past 12 months in Springvale.

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Theresa Huynh
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Bon Ta
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CENTURY 21 Theresa Huynh
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