7/721-723 Princes Hwy, Springvale is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 710m2 and floor size of 69m2. While the property is not currently for sale or for rent, it was last sold in September 2023.
Whether you are starting your home ownership journey or looking to expand your investment portfolio, this two bedroom apartment will exceed expectations. Part of a well-planned, low rise complex, offering both comfort and low maintenance ease. Move-in ready, the property boasts a functional floor plan, a freshly painted interior, and new laminate timber toned flooring. Promising convenience and lifestyle, residents here benefit from proximity to shops, schools, public transport and parks while enjoying easy access to major transport links and arterials.
Step inside and be pleasantly surprised with the spacious living area complete with direct access to a small balcony. Both bedrooms are also well-proportioned and comfortably fitted with built-in robes. A fully equipped kitchen with meals and a combined bathroom/laundry assures daily efficiency and household ease. The apartment is serviced by split system heating and cooling and a designated carport.
A prime example of location excellence, this prized address has service lane access and is positioned within walking distance of Springvale Rise Primary, St John Vianney's Primary, Wellington Secondary College, Warner Reserve, and multiple bus lines. Expect further ease and convenience with proximity to Springvale Shopping Centre, Springvale Homemaker Centre, M-City Shopping Centre and Monash University. Commuting is stress-free with the support of Springvale Station, Princess Highway, M1 Freeway and Eastlink.
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 11,372 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:
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