2/18 Palm AvenueSpring Gully VIC 3550
Property Details for 2/18 Palm Ave, Spring Gully
2/18 Palm Ave, Spring Gully is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 232m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in December 2021.
Last Listing description (January 2022)
Situated in the extremely popular Spring Gully area this home will appeal to first home buyers, downsizers, and investors alike. The newly renovated and lovely light filled home sits in a quiet pocket of Spring Gully backing onto a peaceful nature reserve.
This exceptionally located property is close to schools, shops, playgrounds and La Trobe University. It is a solid investment opportunity with a potential $320 pw rental return.
Neat and tidy, this home boasts a convenient floorplan consisting of 2 good sized bedrooms and a newly renovated bathroom. A sizeable lounge room is located at the front of the home and an open kitchen and dining area leads through the the ingenious butlers pantry/laundry to the private and fully secured backyard.
Properties of this calibre don't last long so contact Toby Gray on 0468 708 785 for more information or to arrange a private inspection.
Property History for 2/18 Palm Ave, Spring Gully, VIC 3550
- 08 Dec 2021Sold for $380,000
- 02 Dec 2021Listed for Sale $350,000 - $380,000
- 12 Aug 2008Listed for Rent - Price not available
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About Spring Gully 3550
The size of Spring Gully is approximately 7.8 square kilometres. It has 17 parks covering nearly 38.7% of total area. The population of Spring Gully in 2016 was 3000 people. By 2021 the population was 3092 showing a population growth of 3.1% in the area during that time. The predominant age group in Spring Gully is 10-19 years. Households in Spring Gully are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Spring Gully work in a professional occupation.In 2021, 76.00% of the homes in Spring Gully were owner-occupied compared with 73.00% in 2016.
Spring Gully has 1,664 properties. Over the last 5 years, Houses in Spring Gully have seen a 47.87% increase in median value, while Units have seen a 45.08% increase. As at 30 November 2025:
- The median value for Houses in Spring Gully is $698,667 while the median value for Units is $430,569.
- Houses have a median rent of $480 while Units have a median rent of $410.
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