113/353 Springvale Road, Glen Waverley, VIC 3150 sold on 14 July 2025 | OnTheHouse
SOLD
Sold on 14 Jul 2025 for $331,000

113/353 Springvale Road
Glen Waverley VIC 3150

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 113/353 Springvale Rd, Glen Waverley

113/353 Springvale Rd, Glen Waverley is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2009. While the property is not currently for sale or for rent, it was last sold in July 2025. There are other 1 bedroom Unit sold in Glen Waverley in the last 12 months.

Building Type
Unit
Year Built
2009
Local Government
Monash
Lot/Plan
113/PS608165

Last Listing description (December 2019)

Close to 7% YIELDS!

Centrally located in the highly sought after area of Glen Waverley, this serviced apartment is available for direct purchase as a secure income producing property with a long lease and built-in rental increases.

This 1 bedroom apartment features an open dining living area, generous bathroom with European laundry and on-site facilities such as a gym and conference room.


Offering the investor certainty and peace of mind, Quest looks after all the day to day business and rent is paid regardless of occupancy.

Lease Details:
- Leased till 7th December 2023 with further 3 x 5 years option
- Rent: approx. $2,138.39 pcm, $25,660.68 p.a
- Rental increase: 4% increase on the 3rd, 4th and 5th years of the term with market review at the end of each term.

Landlords Outgoings:
- Council Rates
- Water Rates
- Owners Corporation Maintenance Fund

Property History for 113/353 Springvale Rd, Glen Waverley, VIC 3150

A timeline of how this property has performed in the market
Last Sold
$331,000
14 Jul 2025
  • 28 Nov 2019
    Sold - Price Undisclosed
  • 29 Mar 2019
    Listed for Sale $365,000
  • 28 Feb 2013
    Listed for Sale $320,000+
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About Glen Waverley 3150

The size of Glen Waverley is approximately 16.8 square kilometres. It has 53 parks covering nearly 13.2% of 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 19,903 properties. Over the last 5 years, Houses in Glen Waverley have seen a 33.31% increase in median value, while Units have seen a 26.22% increase. As at 30 November 2025:

  • The median value for Houses in Glen Waverley is $1,868,967 while the median value for Units is $968,588.
  • Houses have a median rent of $750 while Units have a median rent of $680.
There are currently 79 properties listed for sale, and 49 properties listed for rent in Glen waverley on OnTheHouse. According to Cotality's data, 774 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.