Ray White Commercial Oakleigh is pleased to offer 7B Regal Drive, Springvale for sale by way of a Public on-site Auction on Wednesday 12th May at 12.00 pm. This well presented office / warehouse offers an outstanding opportunity for owner occupiers and investors alike to acquire a quality street frontage property which is positioned in one of the South-East's most sought after areas.
Located just off Springvale Road & 500m* from Springvale Station, 7B Regal Drive is minutes from key surrounding amenities and major road networks including Springvale Road, Centre Road, Princes Highway, Westall Road & Heatherton Road with multiple access points to freeways, public transport as well as benefiting from fantastic connectivity to Springvale's bustling retail shopping precinct.
The size of Springvale is approximately 11.0 square kilometres. There are 14 parks, covering nearly 3.8% of the 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 11,423 properties. Over the last 5 years, Houses in Springvale have seen a 4.85% increase in median value, while Units have seen a 13.54% increase. As at 30 June 2026:
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