4/16 Peace Street, Springvale, VIC 3171 | Property Value & History | OnTheHouse
 
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4/16 Peace Street
Springvale VIC 3171

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 87m2
Land area: 181m2
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Last updated 30 Mar 2026
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Property Details for 4/16 Peace St, Springvale

4/16 Peace St, Springvale is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 2022. The property has a land size of 181m2 and floor size of 87m2.

Building Type
Townhouse
Year Built
2022
Floor Size
87m2
Land Size
181m2
Local Government
Greater Dandenong
Lot/Plan
2/PS841147

Last Listing description (January 2026)

This recently built, single-level townhouse delivers effortless luxury living with high-end finishes and fixtures throughout. Designed for low-maintenance comfort, the home features light-filled interiors, quality appliances and contemporary styling that will appeal to those seeking both elegance and ease.Positioned in a highly convenient location close to shops, transport and lifestyle amenities, this is a rare opportunity to enjoy premium living without the upkeep.Key Features:Ducted heatingSplit SystemsGas cookingStone bench tops in kitchen and with ample storageMaster bedroom with en suite and BIR2 bedrooms with BIRTimber style flooringSingle garageWater tankShetEuropean laundryMain bathroom with bathClose by:M CitySpringvale Market Square and Springvale Shopping CentreSpringvale Train StationColes SpringvaleBunnings SpringvaleSpringvale Reserve Fenced Dog ParkSpringvale Rise Primary SchoolKillester College

Property History for 4/16 Peace St, Springvale, VIC 3171

A timeline of how this property has performed in the market
Listed for Rent
12 Dec 2025
  • 24 Nov 2025
    Listed for Rent $725 / week
  • 10 Nov 2022
    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 11,395 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:

  • The median value for Houses in Springvale is $974,778 while the median value for Units is $627,844.
  • Houses have a median rent of $600 while Units have a median rent of $550.
There are currently 62 properties listed for sale, and 30 properties listed for rent in Springvale on OnTheHouse. According to Cotality's data, 415 properties were sold in the past 12 months in Springvale.

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Cotality Copyright and Legal Disclaimers about Property Data

© 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.

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.

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