280 Springvale Road, Springvale, VIC 3171 | Property Value & History | OnTheHouse
 
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280 Springvale Road
Springvale VIC 3171

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Property Details for 280 Springvale Rd, Springvale

Building Type
Commercial

Last Listing description (August 2017)

Crabtrees Real Estate are excited to offer via Public Auction this outstanding commercial freehold site with enormous development potential (STCA) located in the heart of the vibrant Springvale retail centre with unbeatable street presence.
Major property features include:
+ Current passing net rent of $79,183 + GST

+ 2 separate tenancies with both leases expiring March 2020
+ Zoned commercial 1 under City of Greater Dandenong
+ Huge multi level development potential (STCA)
+ Located within the Springvale Activity Centre
+ Retail/Shop area approximately 150m2
+ Total land size approximately 571m2
Springvale is currently undergoing a major re-vitalization of its town centre with the re-development of the train station being the major catalyst. The property is located in the heart of the Springvale Activity Centre which has been identified by the council as a major catchment of future redevelopment and growth.

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Property History for 280 Springvale Rd, Springvale, VIC 3171

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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 11,370 properties. Over the last 5 years, Houses in Springvale have seen a 18.84% increase in median value, while Units have seen a 19.17% increase. As at 31 December 2025:

  • The median value for Houses in Springvale is $981,004 while the median value for Units is $606,199.
  • Houses have a median rent of $580 while Units have a median rent of $540.
There are currently 58 properties listed for sale, and 31 properties listed for rent in Springvale on OnTheHouse. According to Cotality's data, 419 properties were sold in the past 12 months in Springvale.

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© 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.

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