4/5-7 Rhodes StreetSpringvale VIC 3171
Property Details for 4/5-7 Rhodes St, Springvale
4/5-7 Rhodes St, Springvale is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1960. The property has a land size of 186m2. While the property is not currently for sale or for rent, it was last sold in October 2024.
Last Listing description (January 2025)
SALE BY SET DATE ENDING THURSDAY 7th NOVEMBER AT 12:00PM (unless sold prior)
Positioned perfectly in close proximity to Springvale Central, this 3-bedroom unit is currently being utilised as a 4-bedroom, 2-bathroom property with a carport space, yielding a rental income of $2,800 per month. It is within short walking distance of Springvale train station and bus services on Springvale Road, helping you save on vehicle costs. Situated in a low-maintenance block of 4 units with inactive owners' corporation fees, and located at the front of the block, it is ideal for downsizers, investors, or first-home buyers entering the Springvale market.
The unit offers 3 bedrooms with built-in robes, 2 bathrooms for convenient living, an open-plan kitchen and dining space, and a formal living room that can be used as a 4th bedroom. There is an enclosed pergola, a courtyard for private enjoyment or entertaining guests, and a storage room at the back of the carport.
Located in a desirable pocket of Springvale, close to the business hub, it is within walking distance of Warner Reserve and a short drive to Springvale Rise Primary School, Wellington Secondary College, Minaret College, Killester College, and Monash University, with easy access to Springvale Road, linking to other destinations and amenities.
Photo I.D. required at all inspections.
DISCLAIMER:
The measurements provided of the land and / or property may not be 100% accurate. In order to satisfy yourself of the exact dimensions of the property / land / or of each room, we advise you to conduct your own measurements and / or engage the services of a licensed surveyor. Responsibility for any omissions or errors contained herein is expressly denied.
Please be advised that some images included in our marketing materials feature digital enhancement/virtual staging techniques designed to illustrate the property's potential appearance; these alterations are solely for visualization purposes.
Property History for 4/5-7 Rhodes St, Springvale, VIC 3171
- 31 Oct 2024Sold for $630,000
- 03 Sep 2024Listed for Sale $630,000
- 22 May 2021Sold for $618,000
Recent sales nearby
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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 11,368 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.
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