29 Grace Street, Springvale, VIC 3171 | Property Value & History | OnTheHouse
OFF MARKET

29 Grace Street
Springvale VIC 3171

Bedrooms: 4
Bathrooms: 1
Car spaces: 2
Floor area: 141m2
Land area: 650m2
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Property Details for 29 Grace St, Springvale

29 Grace St, Springvale is a 4 bedroom, 1 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 650m2 and floor size of 141m2. While the property is not currently for sale or for rent, it was last sold in February 2019.

Building Type
House
Year Built
1950
Floor Size
141m2
Land Size
650m2
Local Government
Greater Dandenong
Lot/Plan
1/TP100293

Last Listing description (August 2021)

SPRINGVALE HOTTEST GEM
Plump with promise and packed to the rafters with potential, this solidly-built four-bedroom family home represents extraordinary value for money in the neighborly "Mulgrave". So whether you're starting your nest or looking to feather it, look no further than this exciting property that may very well be SPRINGVALE best buy!

Centrally located minutes from local shops, schools, churches, medical centres, public transport & reserves-

Coles, IKEA, Waverley Gardens SC, Springvale Central, Brandon Park SC, St John Vianney's Primary School, Albany Rise Primary School, Mazenod College, Nazareth College, Wellington Secondary School, Monash University and within walking distance to Edinburgh & Wellington Reserves.

Plus the brilliant bonus of ready access to the Monash/East Link Freeways & Peninsula Link for a hassle-free commute to the CBD or Mornington Peninsula in approx. 30 minutes.

This is the perfect for first time developers to cut their teeth on - simply roll up your sleeves and reap the rewards! Offering almost unlimited scope to value-add with a smart interior update, extension or even a second storey (STCA), the options here are many. An affordable first step on the property ladder? Future potential for solid rental returns? Or take advantage of the 650sqm (approx.) fantastic square block and start from the ground up with a unit/townhouse development (STCA) at the rear.

As it stands, the home features:

a welcoming main living and dining area with polished timber floor-boards
updated laminated kitchen with gas appliances & bathroom
potential for subdividing unit/townhouse on a square block (STCA)
4 spacious bedrooms with built in robes
ducted heating throughout
brick double lockup garage
currently leased with great tenants (periodic lease)

Don't scroll past this property! With so much to offer, A great addition for any professional investors portfolio !

MAKE A REALISTIC OFFER
DONT MISS OUT

Contact Agent : Antonio Di Petta
Mob: 0410 665 703

TERMS SETTLEMENT -
10% deposit 60 days
*Please Note* - @realty team may refuse to provide further information about the property should you prefer not to disclose your Full Contact Details including Phone Number.
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Property History for 29 Grace St, Springvale, VIC 3171

A timeline of how this property has performed in the market
Last Sold
$710,000
05 Feb 2019
Listed for Rent
$370/w
27 Mar 2016
  • 05 Feb 2019
    Sold for $710,000
  • 16 Oct 2018
    Listed for Sale $680,000 - $720,000
  • 24 Feb 2016
    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 11,379 properties. Over the last 5 years, Houses in Springvale have seen a 17.05% increase in median value, while Units have seen a 18.72% increase. As at 31 January 2026:

  • The median value for Houses in Springvale is $978,670 while the median value for Units is $609,084.
  • Houses have a median rent of $580 while Units have a median rent of $540.
There are currently 67 properties listed for sale, and 34 properties listed for rent in Springvale on OnTheHouse. According to Cotality's data, 412 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.