15 Red Hill RoadSpringvale VIC 3171
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.
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
Property History for 15 Red Hill Rd, Springvale, VIC 3171
- 11 Jun 2025Sold for $990,000
- 21 Oct 2024Listed for Sale $950,000-$1,050,000
- 06 Aug 2014Listed for Rent $375 / week
Recent sales nearby
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0About 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 18.84% increase in median value, while Units have seen a 19.17% increase. As at 31 December 2025:
- The median value for Houses in Springvale is $981,004 while the median value for Units is $606,199.
- Houses have a median rent of $580 while Units have a median rent of $540.
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