17 Burden Street, Springvale, VIC 3171 | House for sale | OnTheHouse
 
FOR SALE
Auction: $900,000 - $990,000

17 Burden Street
Springvale VIC 3171

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Land area: 664m2
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Auction Time
Sat 21 Feb 1:00 pm
Inspection Times
No upcoming inspections scheduled.
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A Smart Springvale Holding with Three Incomes and Room to Grow

On-site Auction Saturday 21st of February @ 1pm. Contact Alan Tran on 0402 268 872 to arrange an inspection.
Quietly tucked away in one of Springvale's most convenient pockets, 17 Burden Street is one of those properties that simply makes sense. Set on a generous allotment of approximately 664m² and made up of three dwellings in total, it delivers immediate income today while leaving plenty of room to think about what comes next (STCA).
Fully restored and designed to be low maintenance, the property has been thoughtfully brought up to a standard that allows investors to step straight in without the burden of ongoing works. Currently privately managed by the owners, it is returning approximately $54,000 per annum, providing a reliable and well-established income stream from day one. Each dwelling is independently functional, with practical layouts, living areas, kitchens and bathrooms that continue to appeal to tenants seeking comfort and convenience.
Beyond the numbers, the land itself does the heavy lifting. The block is regular, usable and well proportioned, with clear access throughout, generous covered carport and alfresco-style areas, and additional storage structures to the rear. Whether held as a set-and-forget multi-income asset, improved incrementally over time, or explored for future redevelopment opportunities (subject to council approval), the flexibility here is undeniable.
Location remains a major strength. Positioned moments from Springvale Central, the home enjoys easy access to shops, dining, medical services and Springvale Station. Minaret College is close by, adding strong appeal for long-term tenants, while a network of major arterials including Springvale Road, Princes Highway, the Monash Freeway and EastLink ensures smooth connectivity across Melbourne.
Offering three dwellings, strong income, low-maintenance ownership and genuine future potential, 17 Burden Street stands as a well-balanced opportunity in a suburb where quality landholdings are becoming increasingly scarce.
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Property Details for 17 Burden St, Springvale

17 Burden St, Springvale is a 5 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 664m2. The place is currently for sale with Ray White Noble Park.

Building Type
House
Land Size
664m2
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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 62 properties listed for sale, and 43 properties listed for rent in Springvale on OnTheHouse. According to Cotality's data, 428 properties were sold in the past 12 months in Springvale.

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Alan Tran
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Dylan Van
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Ray White Noble Park
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