61 Grace Street, Springvale, VIC 3171 | Property Value & History | OnTheHouse
OFF MARKET

61 Grace Street
Springvale VIC 3171

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Floor area: 130m2
Land area: 652m2
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Property Details for 61 Grace St, Springvale

61 Grace St, Springvale is a 3 bedroom, 1 bathroom House with 4 parking spaces and was built in 1960. The property has a land size of 652m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in August 2022.

Building Type
House
Year Built
1960
Floor Size
130m2
Land Size
652m2
Local Government
Greater Dandenong
Lot/Plan
88/LP10899

Last Listing description (August 2022)

A property with endless opportunities in a prime Springvale locale, this three bedroom home sits on a generous flat rectangular 653m2 block, giving you the chance to renovate and build an additional dwelling at the rear, or start again with a total redevelopment of multiple townhouses or your dream home.

Recently tenanted so you can do the same to give you plenty of time to work on your development plan and obtain permits, all while reaping great rental income. The original three bedroom residence features a large open plan living, dining and kitchen with gas appliances and ample bench and storage space, as well as a generous laundry and shared bathroom with separate toilet. All three good-sized bedrooms come with lovely polished floorboards, plus there's gas wall heating and an air conditioning unit for warmth in winter and coolness in summer. Outside, enjoy a vast backyard with garage and multiple storage spaces.

Conveniently situated close to bus stops on Police Road, this opportune address is also walking distance to the local shopping strip, medical centres, St John Vianney's Primary School and Wellington Secondary College. A short drive will put you at Waverley Gardens Shopping Centre, as well as offering easy access to both the Monash Freeway and Eastlink. A fantastic opportunity for a savvy buyer with their finger on the property pulse is that you?

Property History for 61 Grace St, Springvale, VIC 3171

A timeline of how this property has performed in the market
Last Sold
$770,000
13 Aug 2022
Listed for Rent
$360/w
30 Apr 2020
  • 13 Aug 2022
    Sold for $770,000
  • 17 May 2022
    Listed for Sale UNDER CONTRACT
  • 16 Apr 2020
    Listed for Rent $360 / week
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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 11,368 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.
There are currently 67 properties listed for sale, and 35 properties listed for rent in Springvale on OnTheHouse. According to Cotality's data, 412 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.