5/18 Watt Street, Springvale, VIC 3171 | Property Value & History | OnTheHouse
OFF MARKET

5/18 Watt Street
Springvale VIC 3171

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 90m2
Land area: 778m2
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Property Details for 5/18 Watt St, Springvale

5/18 Watt St, Springvale is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2015. The property has a land size of 778m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in September 2024.

Building Type
Unit
Year Built
2015
Floor Size
90m2
Land Size
778m2
Local Government
Greater Dandenong
Lot/Plan
5/PS710248

Last Listing description (October 2024)

This stunning and low maintenance home is the perfect home buyers dream. Boasting with exceptional value, this 1 of 9 townhouses with street frontage is positioned in a superb Springvale pocket. This conveniently located townhouse presents well for those looking for their first home. Stylish in design and with modern finishes throughout, this townhouse has plenty to offer.

Featuring:

- 2 spacious bedrooms all with built in robes. Master with ensuite bathroom and outdoor deck area.

- A 2nd central bathroom
- Additional 3rd powder room
- Large open plan kitchen/dining area with direct access to generous terrace balcony. Complete with stainless steel gas cook top appliances and plenty of bench and upper/lower cupboard space
- Large separate living area with or a potential 3rd bedroom.
- Secure under cover basement car park with plenty of off street parking available.

Additional Features: Split heating and cooling throughout, storage cage, European laundry, High ceilings, LED downlights

This is a great opportunity for first home buyers to secure this low maintenance home and with a versatile offering, this also makes a great investment opportunity. Commanding a premium Springvale location, this home is only moments away to local schools, Monash Uni, Ikea, Eastlink, Springvale Station, Library & Springvale Shopping Centre.

Property History for 5/18 Watt St, Springvale, VIC 3171

A timeline of how this property has performed in the market
Last Sold
$555,000
12 Sep 2024
Listed for Rent
$395/w
13 Mar 2018
  • 12 Sep 2024
    Sold for $555,000
  • 19 Jul 2024
    Listed for Sale Contact agent
  • 21 Feb 2018
    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 11,371 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.
There are currently 56 properties listed for sale, and 33 properties listed for rent in Springvale on OnTheHouse. According to Cotality's data, 419 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.