1 Balmoral Ave, Springvale is a 5 bedroom, 2 bathroom Unit with 1 parking spaces. The property has a land size of 516m2.
Commercial One Zone C1ZIn the heart of Springvale, this property is 5 minutes' walk to Springvale Central and Springvale Railway Station. This exceptional location allows residents easy access to shops, restaurants and many other benefits associated with the Springvale CBD. On offer are two separately titled free-standing units. These older style brick veneer structures offer solid foundations for potential future improvements (STCA) and are within the Commercial 1 Zone adding to future potential usage and value. A common driveway provides some space to park cars outside the two units.Positioned in a prime location, this home is just moments away from local schools, shopping centre's, parks, and public transport, making daily errands and commuting a breeze. Whether you're looking to invest or live in one of Springvale's most sought-after areas, this property could be for you. Don't miss out on this rare opportunity to secure a piece of prime real estate in a thriving community. Schedule a viewing today and envision your family's future in this remarkable home.Currently Leased, Unit 1 at $2700/cm and Unit 2 at $2650/cmIn generalUnit 1 (2 1 1) 12 month Lease commenced in October, returning $2700pcmFeatures 2 good sized bedrooms, lounge, kitchen, family bathroom, separate toilet and single garage with access to the rear yard. Rates $328/qtr, Water $172.94/ two months. BC admin fees $1066.67 /qtr (2023-24)Unit 2 (3 1 -) RENTAL $2650 pcmFeatures 3 good sized bedrooms, lounge, kitchen, family bathroom, and separate toilet with a secure outdoor storage areaRates $328/qtr. Water $172.94/ two months. BC admin fees $1066.67/qtr (2023-24)Although every effort is made to provide up to date for this property Century21 Theresa Huynh takes no responsibility for any mistakes or omission made in this document and recommend interested parties conduct their own due diligence prior to the sale.
The size of Springvale is approximately 11.0 square kilometres. There are 14 parks, covering nearly 3.8% of the total area. The population of Springvale in 2016 was 21714 people. By 2021 the population was 22174 showing a population growth of 2.1% in the area during that time. The predominant age group in Springvale is 20-29 years. Households in Springvale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Springvale work in a labourer occupation.In 2021, 54.70% of the homes in Springvale were owner-occupied compared with 56.20% in 2016.
Springvale has 11,479 properties. Over the last 5 years, Houses in Springvale have seen a -2.14% decrease in median value, while Units have seen a 8.55% increase. As at 31 October 2026:
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