48 Olympic Ave, Springvale South is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 530m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in November 2023.
Ready to move in right away and totally appealing today, this renovated three bedroom home's corner site catches plenty of northern light and creates a rewarding opportunity to enjoy, to plan your own additional renovations if so desired or simply appreciate a property that will attract pleasing capital growth as an investment.
Polished floorboards and a gas heater set in a stacked stone mantle complement the living room's welcoming proportions and set a stylish tone that's immediately supported by the separate kitchen/meals area where low-maintenance tiles and modern fittings including Bosch appliances and dishwasher convey the quality of the renovation. Three double bedrooms, each featuring its own polished floorboards, provide accommodation that's completely comfortable and conveys attractive character, arranged around a central bathroom and a spacious separate laundry.
In the established gardens, overlooked by the kitchen, a deck offers accompanies outdoor dimensions that are advantaged by the northerly orientation and an effective sail shade. Convenient access and a secured sliding gate to park your car from the allotment's second frontage to Devon Drive further enhances an address that puts Springvale South shopping village, Athol Road Primary School, Keysborough Secondary College Banksia and Burden Park all within walking distance.
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 4,776 properties. Over the last 5 years, Houses in Springvale South have seen a 12.05% increase in median value, while Units have seen a 31.35% increase. As at 31 March 2026:
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