18 Princess Avenue, Springvale, VIC 3171 | House for sale | OnTheHouse
 
FOR SALE
$1,400,000 - $1,500,000

18 Princess Avenue
Springvale VIC 3171

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 850m2
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Prime Location With Potential Development....

This substantial 850m2 approx. allotment presents fantastic opportunity to renovate, extend, or redevelop multi townhouses or units (STCA). Possibilities are endless.
Situated in a highly sought-after pocket of Springvale. The existing brick veneer home features a living, kitchen with meals area, gas cooking unit and tile floor, main bathroom with shower, separate laundry.
Additional features include new hot water unit, carport, floorboards get through all bedrooms.
The house currently leased at $530 per week holding income for future planning multi townhouses/units development.
Features
• 3 bedrooms, 1 bathroom, carport and extra off-street driveway parking.
• Generous 850m2 (approx.) flat, rectangular block with wide frontage 19.2m.
• Potential to subdivide and develop (STCA).
• Dual driveways overcome many of the design and subdivision.
• Short distance to shops, schools, doctor/dentist surgery, train station and Springvale market.
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Property Details for 18 Princess Ave, Springvale

18 Princess Ave, Springvale is a 3 bedroom, 1 bathroom House. The property has a land size of 850m2. The place is currently for sale with Raine & Horne Springvale.

Building Type
House
Land Size
850m2
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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 11,374 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, 427 properties were sold in the past 12 months in Springvale.

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Tom Tran
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Rosy Tran
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Raine & Horne Springvale
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