815 Princes HighwaySpringvale VIC 3171
Property Details for 815 Princes Hwy, Springvale
815 Princes Hwy, Springvale is a 4 bedroom, 4 bathroom House with 4 parking spaces and was built in 1965. The property has a land size of 741m2. While the property is not currently for sale or for rent, it was last sold in November 2019.
Last Listing description (February 2020)
With 4 units on a single title resting on a large allotment, this property is a ready made investment offering instant returns of around $54,000p.a. making it great for the investors or those with self-managed superannuation funds. Furthermore, you could also look at their potential for renovation and subdivision meaning they could be re-rented or on-sold separately in the future that could give you an attractive short term windfall. And then developers could also explore its potential for complete redevelopment (STCA) which would also always be attractive in its service road position right behind a local shopping centre and close to buses, local school and Monash University. Each units offers similar features including a living/dining room with polished floors and a split system air conditioner, a kitchen with upright oven, a single bedroom with built in wardrobes and a bathroom with included laundry facilities. Outside, the block is largely concreted to keep tenants maintenance to a minimum and each unit also has a carport space of their own.
Property History for 815 Princes Hwy, Springvale, VIC 3171
- 09 Nov 2019Sold for $1,137,000
- 08 Oct 2019Listed for Sale AUCTION
- 27 Nov 2010Listed for Rent - Price not available
Recent sales nearby
See more recent sales nearby
/assets/perm/5wlydkn6jqi6nhtnkvehddbev4?signature=1b230b3b9f69f800f6ac14f2e4ca13137d1dfa43c7c24bc03f5f8cfe585aeb93){kind=logo}
0/assets/perm/eaoqkyrcdyi65dj744o4zbkxnq?signature=c41485932018a5b5137963ceab449bde950a53eb30d9e9bb1e6ac0cec667d1c0){kind=logo}
0Similar properties For Sale nearby
See more properties for sale nearby
0
0
0Similar properties For Rent nearby
See more properties for rent nearby
0
0
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 11,372 properties. Over the last 5 years, Houses in Springvale have seen a 22.04% increase in median value, while Units have seen a 23.31% increase. As at 30 November 2025:
- The median value for Houses in Springvale is $978,248 while the median value for Units is $628,906.
- Houses have a median rent of $580 while Units have a median rent of $530.
Suburb Insights for Springvale 3171
Market Insights
Springvale Trends for Houses
N/A
N/A
View TrendN/A
N/A
Springvale Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
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.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
