5 Oak Grove, Springvale, VIC 3171 | House for sale | OnTheHouse
FOR SALE
Auction Saturday 1pm | $820,000 - $900,000

5 Oak Grove
Springvale VIC 3171

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 600m2
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A SUPERB CANVAS AWAITING TRANSFORMATION

Occupying a perfectly rectangular 600m² (approx.) allotment in one of Springvale’s most desirable locales, this property presents an exceptional opportunity for renovators, developers, or families eager to create their dream home. Whether you’re looking to renovate, build a brand-new residence, undertake a dual-occupancy project (STCA), or simply enjoy the charm of the home as it is, the possibilities are immense.
The existing three bedroom residence offers comfortable living with a light-filled sunroom at the rear, a neat kitchen and meals area, a practical storeroom, a central bathroom, and a laundry with an adjoining water closet. Outside, a large garden and garage complete the picture.
A superb canvas awaiting transformation, it is enviably positioned just a short walk from Springvale Shopping Centre, Springvale Library, the Springvale Community Hub Playground, local bus lines, Sandown Park and Springvale Stations, Springvale Rise Primary, St Joseph's Catholic Primary, and Killester College. Furthermore, Keysborough Secondary College, Springvale Homemaker Centre, M-City Shopping Centre, and Monash University are only a moment’s drive away.
With its generous allotment and prime location, this property offers endless potential to transform the space and tailor a lifestyle. Inspect today and start imagining the possibilities!
Disclaimer: In preparing this document, we have made every effort to ensure the information provided is accurate and reliable. However, we accept no responsibility and disclaim all liability for any errors, omissions, inaccuracies, or misstatements contained herein. Some images may have been virtually styled or digitally enhanced for illustrative purposes. Prospective purchasers are encouraged to conduct their own enquiries to verify the information provided. Purchasers should also refer to the due diligence checklist available from Consumer Affairs: https://www.consumer.vic.gov.au/housing/buying-and-selling-property/checklists/due-diligence.
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Property Details for 5 Oak Gr, Springvale

5 Oak Gr, Springvale is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 600m2. The place is currently for sale with iSell Group.

Building Type
House
Land Size
600m2
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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 11,373 properties. Over the last 5 years, Houses in Springvale have seen a 20.22% increase in median value, while Units have seen a 24.34% increase. As at 31 October 2025:

  • The median value for Houses in Springvale is $962,200 while the median value for Units is $628,440.
  • Houses have a median rent of $580 while Units have a median rent of $535.
There are currently 57 properties listed for sale, and 37 properties listed for rent in Springvale on OnTheHouse. According to Cotality's data, 410 properties were sold in the past 12 months in Springvale.

Suburb Insights for Springvale 3171

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Ricky Nguyen
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Johnny Nguyen
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iSell Group
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.