3 Brear StreetSpringvale VIC 3171
Property Details for 3 Brear St, Springvale
Last Listing description (September 2022)
Occupy or Invest
Solid Freehold Warehouse
Premium & Tightly Held Location
This is an outstanding opportunity to acquire a solid freehold industrial warehouse located just off Westall Road offering exposure, security & flexibility in the tightly held Springvale industrial precinct to be sold by auction on Thursday 8th September at 11:00am on site.
Rare offering in a market experiencing high demand and record low vacancies with significant growth predicted.
This premium freehold high clearance warehouse of 780 sqm* sits on a generous land of 1,242 sqm*. The property has a securely fenced front yard with parking and great truck access. The property features a motorised roller door, offices over 2 levels with a kitchen and separate toilet facilities with shower.
The property is in an outstanding location just off Westall Road and within easy access to Princes Highway, Dingley Bypass, Springvale Road, Monash (M1) Freeway and Eastlink (M3).
Please contact Aston Commercial today to arrange your private inspection.
*approx.
Property History for 3 Brear St, Springvale, VIC 3171
- 08 Sep 2022Sold for $2,298,000
- 18 Jul 2022Listed for Sale Contact Agent
- 18 Jul 2022Listed for Rent $60,000 / year
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0About 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 11,372 properties. Over the last 5 years, Houses in Springvale have seen a 22.04% increase in median value, while Units have seen a 23.31% increase. As at 30 November 2025:
- The median value for Houses in Springvale is $978,248 while the median value for Units is $628,906.
- Houses have a median rent of $580 while Units have a median rent of $530.
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