5 Wardale RoadSpringvale South VIC 3172
Property Details for 5 Wardale Rd, Springvale South
5 Wardale Rd, Springvale South is a 3 bedroom, 1 bathroom Unit with 4 parking spaces. The property has a land size of 186m2 and floor size of 3m2. While the property is not currently for sale or for rent, it was last sold in April 2016.
Last Listing description (July 2016)
This unique double story mix used of commercial and residential property is located in a growing demand Springvale South area, short distance to Keysborough College, local shops & public transport.
The shop at downstairs is about 95 square, total land area is 188m2 approx, good idea for storage, cool room, offices or work shop. Rental potentially can be at $1500/m. The residential apartment upstairs is close to new condition. It has a separate entrance at the back of this property leading toward upstairs. There are 3 spacious bedrooms, a combined bathroom and laundry, open plans living area over look at a well equipped kitchen with beautiful view from its kitchen window. This 3 bedrooms residential apartment potentially can rent out separately for $360-$380 per week.
It is a great investment opportunity for those home owners looking to buy to live and work from home, as well as for those investors with great investment vision and ideas. Ring for inspection today!
Property History for 5 Wardale Rd, Springvale South, VIC 3172
- 13 Apr 2016Sold for $569,800
- 09 Mar 2016Listed for Sale Not Disclosed
- 12 Feb 2010Sold for $315,000
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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