917 Princes Highway, Springvale, VIC 3171 | Property Value & History | OnTheHouse
 
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917 Princes Highway
Springvale VIC 3171

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 122800m2
Land area: 30831m2
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Property Details for 917 Princes Hwy, Springvale

Building Type
Commercial
Floor Size
122800m2
Land Size
30831m2
Local Government
Greater Dandenong
Lot/Plan
2/PS625000

Last Listing description (April 2021)

CBRE Large Format Retail is pleased to present a rare opportunity in The Springvale Homemaker Centre, Australia's largest Homemaker Centre anchored by Harvey Norman & IKEA.

The 71,000 sqm* large format retail floor space offers a unique and contemporary shopping experience with the amenity of a modern day shopping centre. Depicted as Australia's largest Homemaker Centre and situated strategically on Melbourne's major arterial carriageway, the Princes Highway, the Springvale Homemaker Centre draws from an extensive catchment across the wider South East of Melbourne.


- Anchored by major draw cards, Harvey Norman, Domayne & IKEA
- Join other national retailers including JB Hi Fi, Anaconda, Nick Scali, Harris Scarfe and many more.
- Direct access from Princes Highway and Westall Road
- Over 2.1 million* people in the catchment area
- 71,000 sqm* of large format retail floor space
- Southern Hemisphere's largest Homemaker Centre

The Springvale Centre is located approximately 20km South East of the Melbourne CBD on the corner of the Princes Highway and Westall Road (917 Princes Highway, Springvale, Vic)

The strategic location enjoys access to major carriageways to the Melbourne CBD (Princes Highway & Monash Freeway), Bayside Suburbs (Centre and North Roads), Eastern Suburbs (Wellington and Springvale Roads) and the Outer South Eastern Suburbs (Westall Road, Springvale Road, Princes Highway and Monash Freeway).

The easily accessible and high profile location added by the leading anchor retailers and sheer critical mass will ensure that this iconic Homemaker Centre will have an wide cast and dense catchment.

*approx.

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Property History for 917 Princes Hwy, Springvale, VIC 3171

A timeline of how this property has performed in the market
Listed for Rent
22 Apr 2021
  • 11 May 2020
    Listed for Rent - Price not available
  • 24 Jun 2019
    Listed for Rent - Price not available
  • 27 Feb 2019
    Listed for Rent - Price not available
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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 11,371 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 56 properties listed for sale, and 31 properties listed for rent in Springvale on OnTheHouse. According to Cotality's data, 422 properties were sold in the past 12 months in Springvale.

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