8B Balmoral Avenue, Springvale, VIC 3171 | Property Value & History | OnTheHouse
 
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8B Balmoral Avenue
Springvale VIC 3171

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 59m2
Land area: 1120m2
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Property Details for 8b Balmoral Ave, Springvale

Building Type
Commercial
Year Built
2011
Floor Size
59m2
Land Size
1120m2
Local Government
Greater Dandenong
Lot/Plan
8B/PS620747

Last Listing description (January 2023)

Your opportunity to invest in the vibrant hub of the Springvale shopping centre that comprises a multitude of businesses from offices, medical suites, retail outlets, restaurants, and food stores to name a few. 8B Balmoral is well located, has high pedestrian traffic, close to Springvale Railway station and public parking. Currently set up with a show room, 2 additional rooms, and kitchen making it ideal for several business applications.
Floor Area 60m2

Excellent Exposure with high volume foot traffic making it an opportunity not to be missed.
GST payable on Sale.


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Property History for 8b Balmoral Ave, Springvale, VIC 3171

A timeline of how this property has performed in the market
Last Sold
$1,130,000
21 Nov 2024
Listed for Rent
$72/w
24 Nov 2022
  • 21 Nov 2024
    Sold for $1,130,000
  • 04 Nov 2022
    Listed for Rent - Price not available
  • 31 Oct 2022
    Listed for Sale LEASED
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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 11,372 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.
There are currently 55 properties listed for sale, and 31 properties listed for rent in Springvale on OnTheHouse. According to Cotality's data, 420 properties were sold in the past 12 months in Springvale.

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© Copyright 2026. 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.

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