11 Lightwood RoadSpringvale VIC 3171
Property Details for 11 Lightwood Rd, Springvale
Last Listing description (February 2018)
PRIME LOCATION, SIGNIFICANT DEVELOPMENT POTENTIAL AT 11-12 LIGHTWOOD ROAD SPRINGVALE 3171.- A PRIME RETAIL FREEHOLD WITH DOUBLE SHOP FRONTAGE- VALUABLE LANDHOLDING OF 400M2*- PANELS BEATING BUSINESS OVER 30 YEARS- COMMERCIAL 1 ZONE- MAIN ROAD LOCALE WITH CONTINUOUS PEDESTRIAN EXPOSURE- SURROUNDED BY AN ABUNDANCE OF RETAIL AND LIFESTYLE AMENITIES- TRAIN STATION JUST AT YOUR FRONT YARD
Property History for 11 Lightwood Rd, Springvale, VIC 3171
- 01 Jun 2025Sold for $600,000
- 22 Feb 2018Listed for Sale Not Disclosed
- 22 Feb 2018Listed for Rent - Price not available
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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.
Suburb Insights for Springvale 3171
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