260-262 Springvale Road, Springvale, VIC 3171 sold on 28 April 2025 | OnTheHouse
 
SOLD
Sold on 28 Apr 2025 for $2,650,000

260-262 Springvale Road
Springvale VIC 3171

Bedrooms: 3
Bathrooms: -
Car spaces: 2
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Property Details for 260-262 Springvale Rd, Springvale

Building Type
Commercial
Local Government
Greater Dandenong
Lot/Plan
1/TP849882

Last Listing description (September 2012)

Blue Chip Investment
The most sought after locale in Springvale CBD next to CBA, this golden opportunity does not come by so often
Featuring:

* Long term tenant, a well known local business
* Terms 5+5+5 years
* Rental $80,000 pa approx
* Building: 200m2 (approx)
* Business zone 1, possible further development (STCA)
If you are looking for secure investment then don't pass this buy, you'll never look back!
CONTACT TONY LE 0412 133 378

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Property History for 260-262 Springvale Rd, Springvale, VIC 3171

A timeline of how this property has performed in the market
Last Sold
$2,650,000
28 Apr 2025
  • 24 Oct 2010
    Listed for Sale $2,000,000
  • 14 May 2010
    Listed for Sale 2000000
  • 17 Apr 2009
    Listed for Rent - Price not available
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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 20.22% increase in median value, while Units have seen a 24.34% increase. As at 31 October 2025:

  • The median value for Houses in Springvale is $962,200 while the median value for Units is $628,440.
  • Houses have a median rent of $580 while Units have a median rent of $535.
There are currently 57 properties listed for sale, and 37 properties listed for rent in Springvale on OnTheHouse. According to Cotality's data, 410 properties were sold in the past 12 months in Springvale.

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© Copyright 2025. 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.

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