50 Spring RoadSpringvale South VIC 3172
Property Details for 50 Spring Rd, Springvale South
50 Spring Rd, Springvale South is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 567m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in November 2023.
Last Listing description (April 2024)
Nestled within a burgeoning area, this three-bedroom cottage, one of the area's original homes, sits on an approximate 572sqm allotment of highly sought-after land. Offering a myriad of options for the future, this property presents a range of possibilities.
The current accommodation, although cozy, is ripe for modern updates. The layout includes a lounge equipped with both a heater and air-conditioner, an adjacent dining area, and a functional kitchen that leads out to the garden. Alongside a full bathroom, there's an outdoor laundry and ample shed space, as well as generous on-site parking.
Centrally located in Springvale South, this three bedroom original home featuring a wide 17.1m frontage and a sunny north-westerly rear, the property provides opportunities to either start afresh with a custom-designed family residence or explore a multi-dwelling subdivision (subject to council approval). This versatile canvas allows for various development prospects.
This amenity-rich locale is a notable highlight, with parklands and bus stops just down the road. Additionally, a selection of primary schools, shopping destinations, and nearby arterials make for an effortless commute.
Whether you choose to refurbish the existing charming cottage or embark on a fresh project, the potential is abundant in this property. Don't miss the chance to capitalize on this prime location and create your vision of the perfect living space or a sound investment.
For more real estate in Springvale South, contact Coco Ma Real Estate.
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 50 Spring Rd, Springvale South, VIC 3172
- 03 Nov 2023Sold for $742,000
- 01 Nov 2023Listed for Sale Not Disclosed
- 12 Nov 2021Sold for $685,000
Recent sales nearby
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0About 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 4,776 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:
- The median value for Houses in Springvale South is $878,225 while the median value for Units is $645,445.
- Houses have a median rent of $605 while Units have a median rent of $550.
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