7B Regal Drive, Springvale, VIC 3171 sold on 04 March 2026 | OnTheHouse
SOLD
Sold on 04 Mar 2026 for $792,000

7B Regal Drive
Springvale VIC 3171

Bedrooms: -
Bathrooms: -
Car spaces: 3
Floor area: 277m2
Land area: 276m2
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Property Details for 7b Regal Dr, Springvale

Building Type
Commercial
Floor Size
277m2
Land Size
276m2
Local Government
Greater Dandenong
Lot/Plan
2/PS331449

Last Listing description (June 2021)

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.


Features include:

• Total land area | 277m2*
Total building area | 205m2*
Includes air conditioned mezzanine office | 50m2*
Clear span air conditioned warehouse offering container access
Three (3) off-street car spaces "2 being under cover"
3 Phase power
Perfect entry level investment for SMSF
Industrial 1 Zone (IN1Z)
Vacant Possession

Open for Inspection:

Wednesday 12th May | 11:30am - 12:00pm

George Kelepouris | 0425 798 677
Theo Karkanis | 0431 391 035

*All areas and figures are approximate only. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents.

Property History for 7b Regal Dr, Springvale, VIC 3171

A timeline of how this property has performed in the market
Last Sold
$792,000
04 Mar 2026
Listed for Rent
$368/w
12 Oct 2007
  • 04 Mar 2026
    Sold for $792,000
  • 12 May 2021
    Sold for $570,000
  • 08 Apr 2021
    Listed for Sale Under Offer
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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 11,398 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 65 properties listed for sale, and 36 properties listed for rent in Springvale on OnTheHouse. According to Cotality's data, 414 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.