281 Springvale RoadDonvale VIC 3111
Property Details for 281 Springvale Rd, Donvale
Last Listing description (December 2021)
* This property will be available for private inspection during the times advertised. It is a requirement for buyers to pre-register before attending any inspection - please contact the agent to arrange this *
Boasting prominent street exposure on Springvale Road, this unique 7,206sqm (approx.) allotment with three titles represents a five-star development opportunity.
With such enormous land dimensions that includes a wide 62.9m (approx.) frontage an exciting opportunity exists to build luxurious resort-inspired family home of your dreams and is also well suited to accommodate an array of options from aged care facility or medical centre, retirement village or childcare to cater for the increased number of young families moving into the area or astute investors or developers looking to do a subdivision and create multiple house blocks (STCA).
Close to Tunstall Square, The Pines Shopping Centre and in excellent public school catchment of Doncaster Secondary College and private school Donvale Christian College. In addition to being easily accessible via the Eastern Freeway, main roads and the 273/309 buses that stop just footsteps away, it's a fantastic opportunity to create a luxurious future for your family or provide an excellent amenity for locals in a premier Manningham location.
*Government directions require all open home and onsite auction attendees to be fully vaccinated. If you are fully vaccinated you are welcome to attend one of the advertised open for inspection times, where proof of vaccination is required prior to entry. If you are not fully vaccinated and would like to view this home please contact our team to organise a private inspection. We can also assist you with bidding for this property. We thank you for assisting us as we implement directions from the Victorian government.
Property History for 281 Springvale Rd, Donvale, VIC 3111
- 13 Jun 2023Sold for $1,600,000
- 10 Apr 2020Sold for $1,930,000
- 04 Nov 2019Listed for Sale $3,700,000 - $4,000,000
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About Donvale 3111
The size of Donvale is approximately 11.7 square kilometres. It has 26 parks covering nearly 10.8% of total area. The population of Donvale in 2016 was 12347 people. By 2021 the population was 12644 showing a population growth of 2.4% in the area during that time. The predominant age group in Donvale is 50-59 years. Households in Donvale are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Donvale work in a professional occupation.In 2021, 80.10% of the homes in Donvale were owner-occupied compared with 80.50% in 2016.
Donvale has 5,589 properties. Over the last 5 years, Houses in Donvale have seen a 19.03% increase in median value, while Units have seen a 14.16% increase. As at 28 February 2026:
- The median value for Houses in Donvale is $1,649,970 while the median value for Units is $898,349.
- Houses have a median rent of $800 while Units have a median rent of $640.
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