12 Olympic Avenue, Springvale South, VIC 3172 | Property Value & History | OnTheHouse
OFF MARKET

12 Olympic Avenue
Springvale South VIC 3172

Bedrooms: 7
Bathrooms: 3
Car spaces: 2
Floor area: 109m2
Land area: 904m2
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Property Details for 12 Olympic Ave, Springvale South

12 Olympic Ave, Springvale South is a 7 bedroom, 3 bathroom House with 2 parking spaces and was built in 1965. The property has a land size of 904m2 and floor size of 109m2. While the property is not currently for sale or for rent, it was last sold in March 2024.

Building Type
House
Year Built
1965
Floor Size
109m2
Land Size
904m2
Local Government
Greater Dandenong
Lot/Plan
4/LP52303

Last Listing description (February 2025)

Its Addressed:

Ruby Vo proudly presents an extraordinary opportunitya rare find nestled on a sprawling 911m2 approx. block featuring two separate dwellings!

Dwelling 1: Step into a haven with 3 spacious bedrooms, an L-shaped living space seamlessly connected to an open kitchen and laundry area. This dwelling boasts a renovated bathroom, a separate toilet, and features floorboards throughout with tiled wet areas. Enjoy the comforts of gas heating, ceiling fans, vertical blinds, and a split system.

Dwelling 2: Experience luxury in the 4-bedroom layout. The master bedroom, located downstairs, offers a full ensuite and BIR, while the other bedrooms are upstairs with a well-appointed bathroom and separate toilet. The large kitchen opens to an expansive living and dining area, providing a serene and spacious atmosphere.

The property includes an old pool area repurposed for underground storage, a large double carport, and an expansive garden for cultivating your vegetables. Orchid gardens await, providing a perfect space to showcase your beautiful orchid collections or hanging plants. A rainwater tank is available to nourish the garden.

For the Future: Already approved plans and permits for a 4-unit site: 3x three-bedroom double storey townhouses with double car garages and a single two-bedroom unit with a single car space at the back of the block.

Located in the highly sought-after pocket of Springvale South, this family-friendly area offers proximity to amenities such as a nearby church, Burden Park, Early Beginnings Childcare Centre, Killester College, Heather Hill Primary School, and Keysborough Collegeall within walking distance.

Convenience is at your fingertips with shopping options at Springvale or Springvale South Shopping Centre, offering a global array of cuisines. Additionally, 10 minutes to Parkmore Shopping Centre, 15-20 minutes to Glen Waverley, and approximately 30km from Melbourne CBD.

Whether you plan to live in or invest, this property promises a bright future, as large blocks like this are becoming increasingly rare. Current rental income stands at approximately $40,900pa for the two properties. Act now and secure your slice of an exceptional future!

For more Real Estate in Springvale South contact your Area Specialist.

Note: Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves with any pertinent matters.

Property History for 12 Olympic Ave, Springvale South, VIC 3172

A timeline of how this property has performed in the market
Last Sold
$1,210,000
09 Mar 2024
  • 09 Mar 2024
    Sold for $1,210,000
  • 04 Dec 2023
    Listed for Sale $1,050,000 - $1,155,000
  • 05 Jul 2016
    Listed for Sale Contact Agent
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About Springvale South 3172

The size of Springvale South is approximately 4.5 square kilometres. It has 11 parks covering nearly 18.3% of total area. The population of Springvale South in 2016 was 12768 people. By 2021 the population was 12766 showing a population decline of 0.0% in the area during that time. The predominant age group in Springvale South is 20-29 years. Households in Springvale South are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Springvale South work in a labourer occupation.In 2021, 69.90% of the homes in Springvale South were owner-occupied compared with 71.10% in 2016.

Springvale South has 4,788 properties. Over the last 5 years, Houses in Springvale South have seen a 16.07% increase in median value, while Units have seen a 33.46% increase. As at 28 February 2026:

  • The median value for Houses in Springvale South is $877,988 while the median value for Units is $655,416.
  • Houses have a median rent of $600 while Units have a median rent of $550.
There are currently 15 properties listed for sale, and 4 properties listed for rent in Springvale south on OnTheHouse. According to Cotality's data, 160 properties were sold in the past 12 months in Springvale south.

Suburb Insights for Springvale South 3172

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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.