808-814 Heatherton Road, Springvale South, VIC 3172 | Property Value & History | OnTheHouse
OFF MARKET

808-814 Heatherton Road
Springvale South VIC 3172

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Land area: 1606m2
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Property Details for 808-814 Heatherton Rd, Springvale South

808-814 Heatherton Rd, Springvale South is a 4 bedroom, 2 bathroom House. The property has a land size of 1606m2. While the property is not currently for sale or for rent, it was last sold in June 2017.

Building Type
House
Land Size
1606m2
Local Government
Greater Dandenong
Lot/Plan
1/TP876629

Last Listing description (October 2021)

An unprecedented opportunity to secure one or more state-of-the-art child care centres featuring all fundamental investment attributes in the high growth suburbs of Melbourne.

Ideally positioned within highly regarded and growing residential suburb of Springvale South, this brand new child care centre is perfectly positioned to benefit from Melbourne's booming population and the strong demand for child care across Melbourne.


Some of the many key attributes of these properties include:
- New 20 + 5 + 5 + 5 year lease commencing upon completion
- Tenant: Sparrow Early Learning
- Licensed for 92 places
- Land area of 1,606sq m*
- Building area of 971sq m*
- Net Rental of $244,000
- Anticipated completion of construction is July 2017

This is an extraordinary offering within a portfolio of five leading child care assets, surrounded by schools, extensive retail amenity and positioned centrally within an area undergoing tremendous population growth.

These five child care centres are For Sale Individually or as a Portfolio by Expressions of Interest closing Thursday 15 June at 2pm.

The following centres are for sale individually or together:
- 19-21 Point Cook Road, Altona Meadows
- 1-7 Selandra Boulevard, Clyde North
- 1028 Wellington Road, Rowville
- 808-814 Heatherton Road, Springvale South
- 345-351 Hogans Road, Tarneit

To discuss any of these opportunities in detail, please contact the exclusive sales agents at Savills.
Julian Heatherich - 0412 995 655
Benson Zhou - 0458 488 888

Property History for 808-814 Heatherton Rd, Springvale South, VIC 3172

A timeline of how this property has performed in the market
Last Sold
$4,650,000
07 Jun 2017
Listed for Rent
03 Sep 2014
  • 07 Jun 2017
    Sold for $4,650,000
  • 24 May 2017
    Listed for Sale EOI Closing Thursday 15 June at 2pm
  • 30 Jan 2015
    Sold for $1,200,000
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About Springvale South 3172

The size of Springvale South is approximately 4.5 square kilometres. There are 11 parks, covering nearly 18.3% of the 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 4,791 properties. Over the last 5 years, Houses in Springvale South have seen a 9.31% increase in median value, while Units have seen a 27.07% increase. As at 30 April 2026:

  • The median value for Houses in Springvale South is $876,871 while the median value for Units is $640,021.
  • Houses have a median rent of $620 while Units have a median rent of $550.
There are currently 16 properties listed for sale, and 10 properties listed for rent in Springvale south on OnTheHouse. According to Cotality's data, 146 properties were sold in the past 12 months in Springvale south.

Suburb Insights for Springvale South 3172

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.