181 Springvale RoadNunawading VIC 3131
Property Details for 181 Springvale Rd, Nunawading
Last Listing description (November 2023)
Gorman Allard Shelton is pleased to offer 181 Springvale Road, Nunawading for private sale.
Outstanding opportunity for an owner occupier or investor to acquire this versatile main road building surrounded by retail and lifestyle amenity.
Key features of this opportunity include:
* Generous land area of 238 sqm approx. including a 5m frontage to Springvale Road
* Building area: 120 sqm approx.
* Zoning: Commercial 1 zone
* Rear street frontage via Market Street
* On-site parking
* Vacant possession
This prominent main road building is located adjacent to the new Nunawading Railway Station and in close proximity to the Whitehorse Road "Golden Mile".
Property History for 181 Springvale Rd, Nunawading, VIC 3131
- 06 Sep 2023Listed for Sale Contact Agent
- 10 Feb 1997Sold for $90,000
- 03 Apr 1990Sold for $102,520
Recent sales nearby
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About Nunawading 3131
The size of Nunawading is approximately 5.1 square kilometres. It has 23 parks covering nearly 4.1% of total area. The population of Nunawading in 2016 was 11876 people. By 2021 the population was 12413 showing a population growth of 4.5% in the area during that time. The predominant age group in Nunawading is 30-39 years. Households in Nunawading are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Nunawading work in a professional occupation.In 2021, 66.60% of the homes in Nunawading were owner-occupied compared with 68.10% in 2016.
Nunawading has 7,065 properties. Over the last 5 years, Houses in Nunawading have seen a 7.15% increase in median value, while Units have seen a 9.98% increase. As at 31 March 2026:
- The median value for Houses in Nunawading is $1,206,036 while the median value for Units is $763,503.
- Houses have a median rent of $660 while Units have a median rent of $570.
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