1582-1586 Centre Road, Springvale, VIC 3171 | Property Value & History | OnTheHouse
OFF MARKET

1582-1586 Centre Road
Springvale VIC 3171

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 3713m2
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Property Details for 1582-1586 Centre Rd, Springvale

Building Type
Commercial
Land Size
3713m2
Local Government
Greater Dandenong
Lot/Plan
2/LP207061

Last Listing description (September 2022)

Cushman and Wakefield are pleased to offer for sale or lease this office/warehouse in a perfect location.

Features include:
Open plan, fully air conditioned ground level offices of 280sqm*

High clearance warehouse of 2,170sqm*
Total building area of 2,450sqm*
Excellent internal height up to 7m*
35 car spaces on site
Total land area of 3,712sqm*
High clearance motorised roller shutter door
Zoned Industrial 1
Surrounding occupiers including Bunnings, Ikea and Harvey Norman

Situated on the southern side of Centre Road, 200 metres east of Westall Road. The property is minutes to Blackburn and Springvale Roads providing access to the Monash Freeway, 20km south east of the Melbourne CBD.

For more information or to organise an inspection, please contact exclusive agents at Cushman and Wakefield.

Property History for 1582-1586 Centre Rd, Springvale, VIC 3171

A timeline of how this property has performed in the market
Last Sold
$5,940,000
22 Sep 2021
Listed for Rent
$5.37k/w
14 Jul 2022
  • 22 Sep 2021
    Sold for $5,940,000
  • 25 May 2021
    Listed for Sale Lease Price: 280,000 per annum net
  • 07 Dec 2020
    Sold for $4,840,000
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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 11,394 properties. Over the last 5 years, Houses in Springvale have seen a 11.49% increase in median value, while Units have seen a 13.12% increase. As at 31 March 2026:

  • The median value for Houses in Springvale is $949,199 while the median value for Units is $604,487.
  • Houses have a median rent of $600 while Units have a median rent of $550.
There are currently 63 properties listed for sale, and 31 properties listed for rent in Springvale on OnTheHouse. According to Cotality's data, 409 properties were sold in the past 12 months in Springvale.

Suburb Insights for Springvale 3171

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Cotality Copyright and Legal Disclaimers about Property Data
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.