215/353 Springvale RoadGlen Waverley VIC 3150
Property Details for 215/353 Springvale Rd, Glen Waverley
215/353 Springvale Rd, Glen Waverley is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2009. The property has a land size of 3732m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in March 2018.
Last Listing description (April 2018)
**INVESTORS ONLY**
Set within walking distance to the Glen Waverley restaurant precinct, Monash City Council, Holmesglen Tafe, Glen Waverley Station and The Glen Shopping centre there are all manner of amenities at your doorstep.
The apartment consists of two bedrooms with built-in robes, 2 bathrooms with an en-suite to the master bedroom, euro style internal laundry and a fully equipped kitchen consisting of stainless steel oven, cooktop, rangehood and dishwasher.
Current Rent: $657 per week ($34,214 per annum)
Next Rent Increase: 8th December 2019
Current Return: 6.7% Gross / Net 6.1%
Lease Terms: Lease to 07/12/2018 plus 4 x 5 Year options
Rent Increases: 4% yearly with market rent reviews every 5 years (next review due December 2018)
Approximate Owner Outgoings:
Council Rates: $1350 per annum approx.
Water Rates: $713 per annum approx.
Body Corporate Administration fee: Paid by tenant
Body Corporate Sinking fund: $995 per annum approx.
**** Refurbishments****
As is common with all Quest Apartments, refurbishment works can be called upon. At this stage there are plans for carpet replacement at the end of the current term (December 2018). Please contact me should you wish to discuss further.
Property History for 215/353 Springvale Rd, Glen Waverley, VIC 3150
- 20 Mar 2018Sold for $510,000
- 27 Feb 2018Listed for Sale Not Disclosed
- 29 Mar 2007Sold for $442,478
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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 19,899 properties. Over the last 5 years, Houses in Glen Waverley have seen a 4.17% increase in median value, while Units have seen a 6.24% increase. As at 31 July 2026:
- The median value for Houses in Glen Waverley is $1,691,515 while the median value for Units is $911,566.
- Houses have a median rent of $788 while Units have a median rent of $750.
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