2/45-47 Ellen St, Springvale is a bedroom, bathroom House.
Occupying a generously sized 763 square metre allotment, this pair of single-level units presents a gold mine of potential for renovators, investors, and developers alike. Bordering expansive Norman Luth Reserve, the possibilities here are exceptional.
Situated within the catchment zones of Westall Secondary College and Springvale Rise Primary School and within easy reach of prestigious educational institutions such as Killester College, Spring Parks Primary, and Keysborough College, it's a prime spot for families.
The site's prospects are limitless. You could unleash your creativity with a modern makeover on both units, keep one and flip the other, or retain both as lucrative investments. For those dreaming bigger, why not design your perfect family home with all the latest features, subject to council approval? Alternatively, ambitious developers might consider starting fresh with brand-new town residences, again subject to council approval.
Adding to the appeal is the close proximity to Springvale Shopping Centre, IKEA Homemaker Centre, Burden Park Reserve, Springvale Station and local bus stops. Offering both convenience and lifestyle, this property presents a rare chance to create something truly special
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:
N/A
N/A
View TrendN/A
N/A
N/A
N/A
View TrendN/A
N/A
© Copyright 2026. 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.
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.