51 Willow Ave, Springvale, VIC 3171 sold on 27 May 2025 | OnTheHouse
SOLD
Sold on 27 May 2025 for $775,594

Willow Avenue
Springvale VIC 3171

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 22555m2
Save

Property Details for 51 Willow Ave, Springvale

Building Type
Commercial
Land Size
22555m2
Local Government
Greater Dandenong
Lot/Plan
77/PS823687

Last Listing description (June 2025)

Versatile warehouse/office/showroom for lease, located in the highly sought-after Springvale Business Park. Positioned near Springvale Road and Princes Highway, this development combines premium quality with strategic convenience.

Total Area: 295 sqm I Lease Term: 3+3+3 years I Annual Increase: 4% I 5 car space

This impressive property features:

* Total Building Area: 295 sqm
- Warehouse: 243 sqm with 7.5m high clearance
- Office/Meeting Room (Upstairs): 52 sqm - fully air-conditioned

* 5 dedicated car parks
* Flexible use: Ideal for warehouse, showroom, or office
* Premium fit-out
- including: Polished concrete floors
- High-end kitchenette and amenities with matte black fixtures
- Keyless entry and openable windows in office
- Built-in solar system & energy-efficient LED lighting throughout
- 3-phase power & container-height motorised roller door

* Secure environment with nightly patrols & CCTV
* Onsite container loading bay

This is a rare leasing opportunity within a premium estate that reflects quality, functionality, and security. Perfect for businesses seeking a modern and efficient working environment.

Property History for 51 Willow Ave, Springvale, VIC 3171

A timeline of how this property has performed in the market
Last Sold
$775,594
27 May 2025
  • 30 May 2025
    Listed for Rent $5,000 / week
  • 27 May 2025
    Sold for $775,594
  • 11 Nov 2024
    Sold for $1,325,000
Sign in to see more transactions
Commute Calculator

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 11,373 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 57 properties listed for sale, and 37 properties listed for rent in Springvale on OnTheHouse. According to Cotality's data, 410 properties were sold in the past 12 months in Springvale.

Suburb Insights for Springvale 3171

Market Insights
Springvale Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Springvale Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.