48 Palm AvenueSpring Gully VIC 3550
Property Details for 48 Palm Ave, Spring Gully
48 Palm Ave, Spring Gully is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1985. The property has a land size of 435m2 and floor size of 115m2. While the property is not currently for sale or for rent, it was last sold in September 2021.
Last Listing description (November 2022)
Tucked away at the end of one of Spring Gully's quietest streets, this three-bedroom home is the perfect hideaway for retirees, professionals or young families.
Behind native front gardens, the home begins with a spacious lounge with loads of natural northern light filtering through a big bay window. It adjoins the dining area and light and airy kitchen equipped with an electric wall oven/grill, a gas cooktop, corner pantry and a breakfast bar for casual dining.
A second gas-heated living room makes the ideal rumpus for children or a large studio/work-from home workspace with sliding doors providing front and rear access.
Gas heating and a wall-mounted air conditioner maintain the internal temperature while solar power helps keep running costs down.
The approx 434m lot includes a high carport for a caravan etc.; a single garage with rear roller door access to the private backyard, two garden sheds, a rainwater tank, and easy-care landscaping.
One of the highlights of this well-presented home is the location the quiet leafy area has a walking path linking it to the Retreat Road bus stop and the Spring Gully Trail walking/cycling path with local cafes, primary school, the university and various sporting venues all nearby.
It's an attractive home, big on value and has a solid rental history. (Anticipated rental approx $380pw).
Don't delay - call today it will be gone in a few days.
Property History for 48 Palm Ave, Spring Gully, VIC 3550
- 17 Sep 2021Sold for $530,000
- 18 Aug 2021Listed for Sale $545,000 - $595,000
- 26 Jul 2021Listed for Rent $380 / week
Recent sales nearby
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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 1,663 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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