4-6 Janine RoadSpringvale South VIC 3172
Property Details for 4-6 Janine Rd, Springvale South
Last Listing description (November 2023)
Brand new tenanted Childcare with 100 places
Excellent rental at $300,000 per annum plus GST
Fixed annual rental increases at 3.5%. Market reviews at the commencement of
Lease term: 10 years + 10 + 10
Directly next to Keysborough College Banksia with more than 1,800 students
enrolled
Tenant is a local operator with a strong management team
As of 2021, the median age in the Noble Park-West catchment was 36 years of age
In a schools precinct with 12 schools located within a 2km radius and more than
6,400 students between them
Noble Park Plaza Shopping Centre is 1.4km away with a Coles, Chemist Warehouse
and other major tenants
Noble Park Train Station is only 1.6km away
Conveniently close to Heatherton Road & Springvale Road, both within 950m
and close to the busy intersection where Eastlink (M3), Heatherton Road & Princes
Highway meet
The 2021 population within 3km of the centre was 76,453 people. By 2031, this is
projected to grow to 86,590 people, an increase of almost 10,000 residents
The centre falls into the Noble Park West childcare catchment where demand is 5.4
children per place
Building area: 1,065 sqm (approx.)
Land size: 1,312 sqm (approx.)
For Sale
Contact Wendy Zhou 0422 011 188 for a copy of the information memorandum.
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Property History for 4-6 Janine Rd, Springvale South, VIC 3172
- 31 May 2023Listed 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 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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