8 Parsons AvenueSpringvale VIC 3171
Property Details for 8 Parsons Ave, Springvale
Last Listing description (July 2018)
FOR SALE VIA EXPRESSION OF INTEREST CLOSING MAY 24TH 2018 AT 4PM.
Knight Frank is excited to offer 8 Parsons Avenue, Springvale, an outstanding building in this tightly held pocket within the South Eastern Industrial market.
The building is being offered vacant possession and is within walking distance to the newly redeveloped Springvale train station and vibrant retail/commercial hub.
- Building size 1,964sqm approximately Site size 3430sqm approximately
- Includes 110sqm approximately of ground floor office/showroom with potential to extend (STCA)
- Central heating/cooling unit in office
- Board/staff room along with M/F amenities and kitchen
- Excellent clearspan warehouse with height up to 7.6m approximately
- 4 motorised container height roller doors
- Designated on site carparking
- Four crossovers via Parsons Avenue and Regal Drive
- Two street frontages
Opportunities of this quality and size in this location are extremely rare. Centrally located within walking distance to Springvale s public transport exchange access to the building is at a premium. Local arterial roads include Springvale Road, Dingley Bypass, Princes Highway and Westall Road.
Contact Knight Frank your exclusive agents.
Property History for 8 Parsons Ave, Springvale, VIC 3171
- 29 May 2018Sold for $3,910,000
- 19 Apr 2018Listed for Sale Contact Agent
- 17 Oct 2003Sold for $1,650,000
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0About 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 11,373 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.
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