1 Nullawil Street, Springvale, VIC 3171 | Property Value & History | OnTheHouse
 
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1 Nullawil Street
Springvale VIC 3171

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
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Last updated 1 Dec 2025
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Property Details for 1 Nullawil St, Springvale

1 Nullawil St, Springvale is a 3 bedroom, 1 bathroom House with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in November 2024.

Building Type
House
Local Government
Greater Dandenong
Lot/Plan
1/LP44643

Last Listing description (November 2024)

Discover a Prime Investment Opportunity

This unique property presents an exceptional blend of commercial and residential space, making it a standout investment. Located in a bustling area, it features:

- Popular Fish and Chip Shop** on the ground level: This well-established business attracts a steady stream of customers, ensuring a reliable income source. The shop is known for its delicious offerings and excellent customer service, making it a local favorite.

- Renovated 3-Bedroom Residence** above: The spacious and modern residence has been previously renovated, offering comfortable living with three bedrooms, a contemporary kitchen, and a cozy living area.

With an annual rental income of approximately $63,000, this property is not only lucrative but also offers a stable and appealing investment opportunity. The combination of a thriving business and a comfortable living space makes it a rare find in today's market.

Don't miss out on this fantastic opportunity! Contact us today for more information and to arrange a viewing.

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Property History for 1 Nullawil St, Springvale, VIC 3171

A timeline of how this property has performed in the market
Last Sold
$874,000
20 Nov 2024
  • 19 Nov 2024
    Sold - Price Undisclosed
  • 20 Aug 2024
    Listed for Sale SOLD - Contact Agent
  • 06 Feb 2018
    Listed for Rent $350 per week
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About Springvale 3171

The size of Springvale is approximately 11.0 square kilometres. It has 14 parks covering nearly 3.8% of 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 11,374 properties. Over the last 5 years, Houses in Springvale have seen a 22.04% increase in median value, while Units have seen a 23.31% increase. As at 30 November 2025:

  • The median value for Houses in Springvale is $978,248 while the median value for Units is $628,906.
  • Houses have a median rent of $580 while Units have a median rent of $530.
There are currently 56 properties listed for sale, and 37 properties listed for rent in Springvale on OnTheHouse. According to Cotality's data, 405 properties were sold in the past 12 months in Springvale.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.

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