109/353 Springvale Road, Glen Waverley, VIC 3150 | Property Value & History | OnTheHouse
OFF MARKET

109/353 Springvale Road
Glen Waverley VIC 3150

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 3732m2
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Property Details for 109/353 Springvale Rd, Glen Waverley

109/353 Springvale Rd, Glen Waverley is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2009. The property has a land size of 3732m2. While the property is not currently for sale or for rent, it was last sold in January 2013.

Building Type
Unit
Year Built
2009
Land Size
3732m2
Local Government
Monash
Lot/Plan
109/PS608165

Last Listing description (January 2013)

QUEST apartment - Astounding High Yield Investment
If you are looking for a safe, no hassle investment, then this rare opportunity is not to be
missed!

KEY BENEFITS
Since 1988, thousands of investors have enjoyed the safety and security of a Quest Property investment. With a Quest Property you will benefit from strong returns through a lower risk, lower effort asset, with:
*7%+ fixed rental income
*Predictable 4% annual increases
*No Management Fees - No Letting Fees
*100% Tenancy - No Vacancies
*Long Term lease with commerical performance
*Tenant responsible for Non Capital repairs
*Stable Assets - Blue Chip Positions
*Attractive taxation benefits
*Security of a trusted Australian brand
*Well suited for SMSF investment
Located in central Glen Waverley, just minutes from The Glen, train station, quality schools and universities, this two bedroom apartment features; modern kitchen with open plan living area, gorgeous bathroom, split system air conditioner, Euro laundry, balcony and one car
space on title. Making it even more attractive, this apartment is tenanted by Quest with approximately $28,122 plus gst yearly rental return. But be quick as an opportunity like this won't last!
* 10 year Lease Commenced July 2008 and 2 by 5 year options
Tenant pays water usage, Owners Corp expenses etc.
Landlord pays Council rates, Water rates (not water usage) etc.
Please ask for copy of lease, for full details.

Property History for 109/353 Springvale Rd, Glen Waverley, VIC 3150

A timeline of how this property has performed in the market
Last Sold
$370,000
11 Jan 2013
  • 07 May 2020
    Listed for Rent $320 / week
  • 11 Jan 2013
    Sold for $370,000
  • 20 Jul 2012
    Listed for Sale $399,000
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About Glen Waverley 3150

The size of Glen Waverley is approximately 16.8 square kilometres. There are 53 parks, covering nearly 13.2% of the total area. The population of Glen Waverley in 2016 was 40327 people. By 2021 the population was 42642 showing a population growth of 5.7% in the area during that time. The predominant age group in Glen Waverley is 40-49 years. Households in Glen Waverley are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Glen Waverley work in a professional occupation.In 2021, 69.30% of the homes in Glen Waverley were owner-occupied compared with 72.60% in 2016.

Glen Waverley has 19,969 properties. Over the last 5 years, Houses in Glen Waverley have seen a -2.12% decrease in median value, while Units have seen a 2.26% increase. As at 31 August 2026:

  • The median value for Houses in Glen Waverley is $1,630,802 while the median value for Units is $897,022.
  • Houses have a median rent of $790 while Units have a median rent of $750.
There are currently 100 properties listed for sale, and 54 properties listed for rent in Glen waverley on OnTheHouse. According to Cotality's data, 673 properties were sold in the past 12 months in Glen waverley.

Suburb Insights for Glen Waverley 3150

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Cotality Copyright and Legal Disclaimers about Property Data
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.