15 Red Hill Road, Springvale, VIC 3171 sold on 18 June 2025 | OnTheHouse
 
SOLD
Sold on 18 Jun 2025 for $990,000

15 Red Hill Road
Springvale VIC 3171

Bedrooms: 8
Bathrooms: 2
Car spaces: 2
Land area: 796m2
Improve this data
Share
Save

Property Details for 15 Red Hill Rd, Springvale

15 Red Hill Rd, Springvale is a 8 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 796m2. While the property is not currently for sale or for rent, it was last sold in June 2025. There are other 8 bedroom House sold in Springvale in the last 12 months.

Building Type
House
Land Size
796m2

Last Listing description (June 2025)

We are thrilled to present a great opportunity: Living and earning extra rental income for both homebuyers and investors/developers:

With an estimated rental return of approximately $55,000 per year, this 8-bedroom home is ideally located in Central Springvale and presents a prime investment opportunity.

Situated on a generous 796m² (approx.) block, the solid brick home is perfectly positioned in the sought-after area of Springvale, offering excellent redevelopment potential for multiple dwellings (SCTA), making it a fantastic investment with substantial growth prospects.

Key features include: 8 bedrooms, 2.5 bathrooms for added convenience and up to four car spaces

Approx. 10-minute walk to Springvale Shopping Centre and only 100m from Springvale Road, this home is offering easy access to public transport and is perfectly positioned to take full advantage of the many amenities Central Springvale has to offer, including: Springvale Library (approx. 8-minute walk), Killester College (approx. 5-minute walk),The Glen Shopping Centre (approx. 15-minute drive)

Whether you are seeking a centrally located, low-maintenance home or a high-yield investment property, this is an opportunity not to be missed.

Contact us today to secure this fantastic opportunity!

Contact Minh Le 0429 564 676
Contact Kenny Pham 0433 373 454
Contact Minh Le at BYD Real Estate Springvale on 03 8566 1599 or after hours on 0429 564 676

Show More

Property History for 15 Red Hill Rd, Springvale, VIC 3171

A timeline of how this property has performed in the market
Last Sold
$990,000
18 Jun 2025
Listed for Rent
$375/w
09 Aug 2014
  • 11 Jun 2025
    Sold for $990,000
  • 21 Oct 2024
    Listed for Sale $950,000-$1,050,000
  • 06 Aug 2014
    Listed for Rent $375 / week
Sign in to see more transactions
Commute Calculator

Recent sales nearby

See more recent sales nearby

Similar properties For Sale nearby

See more properties for sale nearby

Similar properties For Rent nearby

See more properties for rent nearby

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 11,373 properties. Over the last 5 years, Houses in Springvale have seen a 20.22% increase in median value, while Units have seen a 24.34% increase. As at 31 October 2025:

  • The median value for Houses in Springvale is $962,200 while the median value for Units is $628,440.
  • Houses have a median rent of $580 while Units have a median rent of $535.
There are currently 57 properties listed for sale, and 37 properties listed for rent in Springvale on OnTheHouse. According to Cotality's data, 410 properties were sold in the past 12 months in Springvale.

Springvale Profile Page

Suburb Insights for Springvale 3171

Visit Springvale profile page
Market Insights
Springvale Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Springvale Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Springvale profile page
Contact agent
agent headshot
Minh Le
Show contact details
Call agent
agent headshot
Kenny Pham
Show contact details
Call agent
BYD Real Estate
Preferred contact:
Privacy Policy
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.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED