283/283A Springvale RoadDonvale VIC 3111
Property Details for 283/283a Springvale Rd, Donvale
283/283a Springvale Rd, Donvale is a 1 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 7200m2.
Last Listing description (July 2024)
This magnificent 1.77 acre allotment (7200msq approx.) is in good company, nestled in a highly sought after neighbourhood in the prestigious suburb of beautiful Donvale.
This unique property offers a total of 7200msq approx with 3 titles.
With established dwellings on all three blocks, there are options for rental, renovation, or redevelopment (STCA).
The potential here is limitless, build your own luxury home which will offer privacy with ample room for a pool, tennis court and maybe even a guest house. Or build three beautiful homes across the 3 titles, it is all up to you!
Situated with an extremely generous frontage to Springvale Road, the property is also suited for an aged care, child care, retirement living or a medical center (STCA).
This size boasting site can also be divided and purchased separately.
With a number of recreational reserves and parks in close proximity, buses at Springvale Road, Nunawading train station, the site is easily accessible by a network of primary and secondary roads.
Do not miss out on this incredible opportunity!
Property History for 283/283a Springvale Rd, Donvale, VIC 3111
- 19 Jun 2024Listed for Sale $3,900,000 - $4,200,000
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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 5,590 properties. Over the last 5 years, Houses in Donvale have seen a 11.24% increase in median value, while Units have seen a 13.30% increase. As at 31 March 2026:
- The median value for Houses in Donvale is $1,601,020 while the median value for Units is $889,976.
- Houses have a median rent of $800 while Units have a median rent of $650.
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