67/268-274 Springvale Road, Springvale, VIC 3171 | Property Value & History | OnTheHouse
OFF MARKET

67/268-274 Springvale Road
Springvale VIC 3171

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 73m2
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Property Details for 67/268-274 Springvale Rd, Springvale

Building Type
Commercial
Year Built
2010
Land Size
73m2
Local Government
Greater Dandenong
Lot/Plan
67/PS414494

Last Listing description (May 2015)

Rare opportunity to secure a fantastic shop to run your own business or add to your investment portfolio. In the heart of Springvale, within the fastest growth corridoor and one of the most desired Asian Shopping Centres in Melbourne, approximately 71 sqm in size.Currently returning $47,840 per annum + outgoings and running on the second year of its first term with 5 by 5 year lease offers one lucky purchaser future financial security.Call Daniel Now for an inspection

Property History for 67/268-274 Springvale Rd, Springvale, VIC 3171

A timeline of how this property has performed in the market
Last Sold
$1,400,000
05 Dec 2022
  • 05 Dec 2022
    Sold for $1,400,000
  • 20 Feb 2015
    Sold for $1,100,000
  • 06 Nov 2014
    Listed for Sale $950,000+
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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 11,370 properties. Over the last 5 years, Houses in Springvale have seen a 18.84% increase in median value, while Units have seen a 19.17% increase. As at 31 December 2025:

  • The median value for Houses in Springvale is $981,004 while the median value for Units is $606,199.
  • Houses have a median rent of $580 while Units have a median rent of $540.
There are currently 58 properties listed for sale, and 32 properties listed for rent in Springvale on OnTheHouse. According to Cotality's data, 418 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.