16 Balmoral Avenue, Springvale, VIC 3171 sold on 05 May 2025 | OnTheHouse
SOLD
Sold on 05 May 2025 - Price Unavailable

16 Balmoral Avenue
Springvale VIC 3171

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Property Details for 16 Balmoral Ave, Springvale

16 Balmoral Ave, Springvale is a 1 bedroom, 1 bathroom Other. While the property is not currently for sale or for rent, it was last sold in May 2025. There are other 1 bedroom Other sold in Springvale in the last 12 months.

Building Type
Other

Last Listing description (May 2025)

Approved Plans and Permits

We are pleased to present an exciting new project sure to enhance the heart of Springvale.

Located at the corner of Balmoral and St Johns Avenue the site has approved plans and permits for a four-level development plus basement, providing several clinics at street level, a medical office and residential apartments on level one, three good sized apartments on level two, and two-family sized apartments on level three, including off-street parking.
This location is readily accessible to residents both local and in nearby suburbs with Springvale Railway Station only a few minutes' walk away.
Designed with medical clinics, at street level (alternative uses possible) near to the bustling Springvale Central shopping complex they offer opportunities for businesses to establish themselves independent of the shopping centres rules.
Apartments vary in size from 10 squares to just under 19 squares, some with balconies, ideal for families, professionals and investors given their access to all the local facilities and services including schools within walking distance. Convenient access to public transport places many private schools in Keysborough and Melbourne within easy reach.

Project Highlights:
Corner site of approx. 697m2 in the heart of Springvale
Approved plans and permits
Basement: Apartment storage facilities
Street level 5 medical suites and private parking
Level 1: Large Medical facility and 3 good sized apartments
Level 2: 3 good sized apartments
Level 3: 2 Penthouse apartments


Property History for 16 Balmoral Ave, Springvale, VIC 3171

A timeline of how this property has performed in the market
Last Sold
05 May 2025
  • 10 Jun 2025
    Listed for Sale Under Offer
  • 01 May 2025
    Sold for $3,200,000
  • 28 Mar 2024
    Listed for Sale CONTACT AGENT
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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 11,373 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 33 properties listed for rent in Springvale on OnTheHouse. According to Cotality's data, 418 properties were sold in the past 12 months in Springvale.

Suburb Insights for Springvale 3171

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Contact agent
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Theresa Huynh
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Bon Ta
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CENTURY 21 Theresa Huynh
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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.