16 Buckingham Avenue, Springvale, VIC 3171 | Property Value & History | OnTheHouse
FOR RENT

16 Buckingham Avenue
Springvale VIC 3171

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 67m2
Land area: 68m2
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Property Details for 16 Buckingham Ave, Springvale

Building Type
Commercial
Floor Size
67m2
Land Size
68m2
Local Government
Greater Dandenong
Lot/Plan
2/RP13757

Last Listing description (December 2025)

Positioned on a good strip of shops right near the heart of the vibrant shopping and trading district at Springvale, this property offers great opportunities for your next business venture with the below key features:

Glass shop front with main road exposure and signage opportunity,
Separate access at the rear of the shop for your stock or trading deliveries,

60sq metres (approximate) shop floor space,
Multiple car parking spaces which are both for free and metered.
Walking distance to the Springvale train station and also residential properties which will allow a wide range of customer markets.
Roller shutters at the front shop window and security door at the back entry for extra security to your stock.
Water facility
Area for Kitchen setup
Lease term is flexible with incentive for start up support if you can start your lease before 30/09/2024.

Contact our office on 9548 4011 or Mary Tran on 0402 621 592 for further details.

Rent: $40,000 + GST p.a + outgoings

Property History for 16 Buckingham Ave, Springvale, VIC 3171

A timeline of how this property has performed in the market
Last Sold
$240,000
23 Mar 1994
Listed for Rent
$767/w
30 Jul 2024
  • 16 Dec 2025
    Listed for Rent $40,000 / year
  • 30 Jul 2024
    Listed for Rent $40,000 / year
  • 07 Nov 2019
    Listed for Rent $45,000 / year
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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 11,395 properties. Over the last 5 years, Houses in Springvale have seen a 15.46% increase in median value, while Units have seen a 20.76% increase. As at 28 February 2026:

  • The median value for Houses in Springvale is $974,778 while the median value for Units is $627,844.
  • Houses have a median rent of $600 while Units have a median rent of $550.
There are currently 62 properties listed for sale, and 30 properties listed for rent in Springvale on OnTheHouse. According to Cotality's data, 415 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.