2 Richard StreetSpringvale South VIC 3172
Property Details for 2 Richard St, Springvale South
2 Richard St, Springvale South is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 534m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in June 2025. There are other 3 bedroom House sold in Springvale South in the last 12 months.
Last Listing description (August 2025)
Attention homebuyers and investors-this is a rare opportunity you won't want to miss! Positioned on a generous 530m (approx.) rectangular block in one of Springvale South's most sought-after pockets, this property offers the perfect foundation to build your dream home or invest for the future. All set within a peaceful, family-friendly neighbourhood.
Enjoy the convenience of having schools such as Heatherhill Pre-School, Keysborough Secondary College (Banksia Campus), and Athol Road Primary School all within walking distance. You're also just moments from Aldi, Mackay Shopping Centre, temples, churches, and the ever-popular Burden Park-complete with BBQ facilities for weekend gatherings. Easy access to Springvale Road, Heatherton Road, and other major routes further enhances the location's appeal.
The existing weatherboard home offers three bedrooms, a light-filled formal lounge, an updated kitchen and bathroom, a separate toilet, and all gas appliances. Comfort is assured with ducted heating and air conditioning throughout. Lock up garage, ample driveway parking and a spacious backyard provide plenty of room for outdoor activities or future development.
With some renovations and a little TLC, this home could yield strong rental returns while you plan your dream build.
Don't miss this exceptional opportunity-enquire today!
Terms: 10% deposit
Balance: 30/60 days
Photo ID Required for all Inspection
Property History for 2 Richard St, Springvale South, VIC 3172
- 21 Jun 2025Sold for $821,000
- 15 May 2025Listed for Sale SOLD!
- 05 Jan 2022Listed for Rent $380 / week
Recent sales nearby
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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 23.95% increase in median value, while Units have seen a 42.88% increase. As at 30 November 2025:
- The median value for Houses in Springvale South is $888,714 while the median value for Units is $676,793.
- Houses have a median rent of $585 while Units have a median rent of $540.
Suburb Insights for Springvale South 3172
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